Job Number: 60020  Group: Magna Powertrain   Division: MPT Sterling Heights  Job Type: Permanent/Regular  Location: STERLING HEIGHTS 

Group Introduction

Advancing mobility. Making automotive technology that is smarter, cleaner, and safer, while still fun to drive. And making it for everyone. That's what we're passionate about at Magna Powertrain. We do it by creating world-class powertrain solutions for conventional, hybrid, and pure electric vehicles. We're making electrification more than a buzzword, we're bringing it to the road. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.

Objective

Effectively complete all job responsibilities related to Staff Accountant -- AR position and support the Finance Department.

Scope

All aspects & functions involved in the AR process including supporting month-end processing.

Responsibilities

1. Pull down bank activity daily and apply all cash received.
2. Maintain lockbox deposits and apply all miscellaneous cash appropriately.
3. Manage Petty Cash & monthly reconciliation.
4. Coordinate w/AP Staff Accountant on Steel Contra accounting activities.
5. Verify and process debits when received.
6. Maintain monthly bank reconciliation.
7. Close A/R module at month end and assist in processing journal entries as designated.
8. Verify all A/R Intercompany balances at month end.  
9. Work with Engineering team on all customer contracts to ensure that they are reviewed regularly and appropriate action is taken.
10. Work with Finance team to perform asset audits as per Magna Internal Audit Controls.
11. Manage customer portal sites such as Covisint, SAP, & E-Dacor to receive incoming purchase orders and payments.
12. Ensure accurate tracking and billing for Tooling & Prototype orders in order for payment to be received.
13. Prepare sales reports as needed for review both internally and externally.
14. Maintain customer price lists and ensure timeliness of updates.
15. Maintain orders -- both new and existing.  Update pricing and coordinate with Materials/Logistics as needed.
16. Ability to analyze cash flow based on customer payment history.
17. Work with A/P Staff Accountant to process MRO invoices using the 3-way matching principle.
18. Ability to reconcile Customer and Supplier statements.
19. Coordinate monthly A/P check run with A/P Staff Accountant and review with General Manager for approval.
20. Assist in preparation of monthly, quarterly and annual reporting requirements.
21. Create & maintain all functional work instructions.
22. Commitment to quality of product and a safe and healthful work environment.
23. Participates in continuous improvement activities, submits improvement suggestions.
24. Ensure that company policies and procedures are adhered to including TS16949, ISO14001 (EMS), and Employee Handbook. 
25. Follows MIOSHA and MPTSH safety regulations and policies, including wearing required P.P.E. (Personal Protective Equipment).

Education

Bachelor's degree in Finance or Accounting.  Experience in AR processing is required.  Knowledge of CMS software is helpful but not required.