Tooling Accountant

Magna International - Carrollton, TX

Full-time

Carrollton, TX

Transportation Equipment Manufacturing

About the position

The Tooling Accountant position at Magna Exteriors involves managing and overseeing the accounting processes related to tooling, ensuring compliance with company policies and quality standards. The role requires collaboration with various departments and a focus on continuous improvement in a dynamic work environment.

Responsibilities

• Exhibit an objective, fair, and professional attitude to maintain a positive workplace.
• Participate in team activities and demonstrate teamwork skills.
• Demonstrate problem-solving skills in a continuous improvement environment.
• Follow Decostar policies and conduct expected of employees.
• Adhere to safety rules and maintain a healthful workplace.
• Meet and maintain customer quality standards and Decostar standards.
• Monitor a system of controls, procedures, and forms for tooling recordation.
• Recommend updates to accounting policies related to tooling.
• Record tooling acquisitions in the accounting system.
• Track project costs into tooling accounts and close them out upon project completion.
• Reconcile tooling subsidiary ledger balances to the general ledger summary-level account.
• Book tooling amortization and review/update the detailed tooling schedule.
• Conduct analyses related to tooling accounts as requested by management.
• Prepare audit schedules for customer tooling and assist auditors.
• Track company expenditures for tooling against the budget and authorizations.
• Assist AR accountant with cash application and pricing reconciliations.
• Prepare journal entries for month-end closing.
• Maintain accounting records for journal entries, reconciliations, and approvals.
• Clear AP checks and wires weekly.
• Assist with audit requests, tax reporting, and corporate inquiries.
• Assist AP with vouchering and vendor payments.

Requirements

• Strong oral and written communication skills.
• Strong organizational skills.
• Knowledge of QAD, EAM, and Microsoft Office Suite is a plus.
• Basic computer skills.

Benefits

• Engaging and dynamic work environment.
• Support and resources for employee success.
• Varied responsibilities and development prospects.