Accountant/Sr. Accountant

Magna International; Ethridge (TN); On-site; USD 65,000 - 90,000; Full time

Job summary

Magna International is seeking an experienced accountant to join Magna Structures Tennessee. The Senior Accountant will ensure GAAP-compliant financial records, drive monthly and annual close, and provide insightful analysis to improve efficiency.

The role supports inventory processes, capital projects, and cost-reduction initiatives within a manufacturing setting. The ideal candidate has a bachelor’s degree in accounting or finance with at least five years of experience, preferably in

Qualifications

• Bachelor’s degree in accounting, finance, or related field preferred.
• Minimum 5 years relevant experience; manufacturing experience a plus.
• Knowledge of GAAP, budgeting, forecasting, and variance analysis.

Responsibilities

• Assist with month-end and year-end close processes including OneStream loading.
• Prepare month-end journal entries and financial reports.
• Oversee general ledger maintenance and trial balance reviews.
• Prepare schedules and monthly binders ensuring internal controls are met.
• Support inventory costing, cycle counts, and BOM accuracy verification by shop floor.
• Assist in budgeting, forecasting, and capital/tools projects tracking.
• Support cost reduction program implementation and tracking.
• Prepare the Controller’s Model file as needed.

Skills

ERP systems

GAAP compliance

Financial analysis

Budgeting and forecasting

Reconciliation

Auditing

Financial reporting

Cost accounting

Education

Bachelor’s degree in accounting, finance, or related field

Tools

CMS ERP

Job description

Job descriptions may display in multiple languages based on your language selection.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:Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.Job Responsibilities:PURPOSE OF POSITION:The accountant/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.ResponsibilitiesAssist with month-end and year-end closing processes including OneStream loadingPrepare month-end journal entriesPrepare and review necessary financial reports, statements, and templatesOversee general ledger maintenance and reviewing trial balancePrepare schedules and monthly binders ensuring Magna Minimum controls are metActively involved in inventory processes—costing, cycle counts, standard vs actual cost reviews/roll-ups/reports and ensuring correctness of BOMs by shop-floor verificationAssisting in the budgeting and forecasting processesResponsible for the tracking and reporting of capital & tooling projects per Magna guidelinesActively support the implementation and tracking of all cost reduction programsAssist 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 FinanceAll other duties as requiredEducation and/or Experience:Bachelor’s degree in accounting, finance, or related field preferredMinimum 5 years relevant experience – manufacturing experience a plusKnowledge, Skills, and Abilities:ERP systems (CMS)GAAP complianceFinancial and variance analysisBudgeting and forecastingReconciliationAuditingAwareness, 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.AI-Assisted Screening DisclosureAs 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.Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.Worker Type:Regular / PermanentGroup:Cosma International