Sr. Accountant

Magna InternationalEthridge, TN
1d

About The Position

PURPOSE OF POSITION: The senior accountant plays a critical role in managing financial activities within Magna Structures Tennessee. This position ensures the accuracy of the financial records, compliance with regulations, and provides insightful analysis to support the business’s processes and efficiency.

Requirements

  • Bachelor’s degree in accounting, finance, or related field preferred
  • Minimum 5 years relevant experience – manufacturing experience a plus
  • ERP systems (CMS)
  • GAAP compliance
  • Financial and variance analysis
  • Budgeting and forecasting
  • Reconciliation
  • Auditing
  • Must have New Hire Orientation, Safety, and Understanding of the Charter prior to or within the first two weeks of assuming the role.
  • Every associate is required to; work safely and contribute to the health and safety of others; and deliver products & services conforming to required quality standards without negative impact to the environment or company (unnecessary cost or scandal exposure).This is an important condition of employment and it is the duty of each employee to accept and follow established policies, rules, procedures and instructions, especially pertaining to, but not limited to: the use of personal protective equipment; controlled access in restricted areas; qualified operation of machinery; mandated cost commitment; approved access to data; and general conduct in accordance to corporate image, the environment, management, piers and subordinates.
  • The individual is accountable to immediately address unsafe conditions and non-compliance issues.

Nice To Haves

  • manufacturing experience a plus

Responsibilities

  • Assist with month-end and year-end closing processes including OneStream loading
  • Prepare month-end journal entries
  • Prepare and review necessary financial reports, statements, and templates
  • Oversee general ledger maintenance and reviewing trial balance
  • Prepare schedules and monthly binders ensuring Magna Minimum controls are met
  • Actively involved in inventory processes—costing, cycle counts, standard vs actual cost reviews/roll-ups/reports and ensuring correctness of BOMs by shop-floor verification
  • Assisting in the budgeting and forecasting processes
  • Responsible for the tracking and reporting of capital & tooling projects per Magna guidelines
  • Actively support the implementation and tracking of all cost reduction programs
  • Assist in the preparation of the annual Controller’s Model file.
  • Applies accounting expertise to ensure financial records & statements are in accordance with GAAP and Magna Finance Policy.
  • Maintain compliance with Mafact guidelines related to Finance
  • All other duties as required
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