Accountant/Sr. Accountant

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

Job summary

Cosma International is seeking an experienced Accountant/Senior Accountant for Magna Structures Tennessee to ensure accurate financial records, regulatory compliance, and insightful business analysis. You will support monthly and yearly close, GL maintenance, and reporting while contributing to inventory costing and BOM validation.

The role emphasizes budgeting, forecasting, and capital project tracking, with a focus on cost reduction and adherence to Magna policies.

Qualifications

• Bachelor’s degree in accounting, finance, or related field preferred.
• Minimum 5 years relevant experience – 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.

Skills

ERP systems

GAAP compliance

Financial analysis

Budgeting and forecasting

Reconciliation

Auditing

Education

Bachelor’s degree in accounting or finance

Tools

CMS

Job description

• Reconciliation

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.

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

Education And/or Experience

• Bachelor’s degree in accounting, finance, or related field preferred
• Minimum 5 years relevant experience – manufacturing experience a plus

Knowledge, Skills, And Abilities

• ERP systems (CMS)
• GAAP compliance
• Financial and variance analysis
• Budgeting and forecasting
• Reconciliation
• Auditing

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.

AI-Assisted Screening Disclosure

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 in 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 / Permanent

Group

Cosma International