Accounts Receivable

Overview

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What We Offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Group Summary

Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.

General

Job Responsibilities

Immediate, open position

Starting at $52,000

Daily Accounts Receivable Processing

• Review and post daily customer payments in SAP.
• Verify accuracy of daily customer invoicing. Investigate and analyze payment receipt discrepancies and determine the appropriate actions required to resolve issues.
• Issue Customer Debit and Credit notes with applicable documentation and ensure appropriate approval is obtained.
• Issue manual invoicing for non-production sales and perform all necessary administrative processes on an as needed basis.
• Maintain tracking and ensure appropriate internal approvals for customer quality charge-back and deductions.
• Review and maintain AR aging and perform collection activities, as required.
• Support the weekly cashflow forecasting by providing the Assistant Controller with analysis and customer payment receipt scheduling expectation.
• Review and monitor banking and lockbox activity and redirect information to relevant accounting function.
• Contract Review of customer price changes and retro calculations and corresponding debit / credit memos.
• Maintain filing system for all debit and credit memos.
• Maintain warranty binder.
• Prepare and perform bank deposits, as required.

Daily Accounts Payable Processing

Month-end Responsibilities

A / R General Responsibilities

Skills And Qualifications

Awareness, Unity, Empowerment

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

Notice Regarding The Use Of AI

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system.

These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team.

Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.

Worker Type

Regular / Permanent

Group

Magna Seating

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