Magna Engineered Glass: AR Specialist

Magna International; Holland (MI); On-site; USD 45,000 - 60,000; Full time

Benefits offered by this job

Development opportunities

Dynamic work environment

Diverse team culture

Job summary

Magna International is seeking an Accounts Receivable Specialist for their Holland, Michigan location. This role involves managing the company’s receivables process from invoicing to collections and requires detail-oriented candidates eager to develop within a dynamic accounting team.

The successful applicant will monitor outstanding receivables, collaborate with various departments, and maintain accurate financial records, all while contributing to a positive work environment. Join Magna for exciting growth opportunities!

Qualifications

• 2-4 years of AR experience or related; manufacturing experience preferred.
• Detail-oriented with high numerical accuracy.
• Excellent written and verbal communication skills.

Responsibilities

• Verify and record payments, reconciling balances.
• Maintain customer accounts in accounting systems.
• Monitor aging reports and follow up on outstanding receivables.

Skills

Accounting skills

Proficiency in Microsoft Excel

Strong interpersonal skills

Detail-oriented

Problem-solving skills

Education

High school diploma

Associate degree in Accounting or Finance

Tools

Sage/FAS

Microsoft Excel

Job description

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

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets. Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Job Summary

The Accounts Receivable (AR) Specialist at Magna Engineered Glass is responsible for managing the company’s receivables process from invoicing to collections along with tracking capital and tooling. This role plays a critical part in maintaining healthy cash flow, supporting customer relationships, and ensuring accuracy in financial reporting. The ideal candidate is detail-oriented, proactive, and eager to develop within a dynamic accounting team with strong growth opportunities.

Essential Job Duties and Responsibilities

• Verify and record payments made to the company, reconcile balances and maintain records
• Ensure transactions are timely and accurate, and that remittances are accurately coded and allocated
• Respond to inquiries from customers and research and resolve concerns or discrepancies
• Set up and maintain customer accounts in the accounting systems
• Monitor aging reports and follow up on outstanding receivables
• Investigate and resolve pricing disputes and discrepancies
• Collaborate with internal departments (Sales, Customer Service, and Finance) to ensure account accuracy
• Maintain detailed records of customer interactions and payment status
• Prepare journal entries and reconcile general ledger
• Track capital projects from submission to closure, including updating capital reporting databases and capital reporting
• Oversee tooling budgets, ensuring all required documentation is accurately completed and collected prior to invoicing, while maintaining proper tracking and control of tooling assets
• Assist in year-end or monthly/quarterly accounting procedures
• Assist internal and external auditors by providing the requested supporting documents within the timeframe given
• Perform additional duties as assigned to support departmental and organizational goals
• Actively contribute to a positive and collaborative work environment, demonstrating flexibility to adapt to evolving business needs and priorities

Requirements

• High school diploma with strong accounting skills required; Associate degree in Accounting, Finance or related field preferred.
• 2-4 years of AR experience or related. Manufacturing experience strongly preferred.
• Intermediate proficiency in Microsoft Excel required, including functions such as VLOOKUPs and data analysis.
• Experience with fixed asset accounting systems, Sage/FAS preferred.
• Able to multitask and thrive in a fast-paced environment.
• Detail-oriented with a high level of numerical accuracy.
• English proficiency required, with strong verbal and written communication skills. Bilingual (Spanish) preferred.
• Demonstrates strong interpersonal skills with the ability to communicate effectively across teams and levels of the organization.
• Proficient in computer systems and business software.
• Demonstrates strong initiative, follow-through, and proactive problem-solving skills.
• Excellent time management skills with the ability to prioritize tasks effectively.
• Ability to work both independently and collaboratively within a team environment.
• High level of professionalism and accountability.

Work Environment

• The majority of the job is performed in a standard office environment with minimal risk or harmful elements.
• Primarily utilizing computer and/or telephone.
• Job requires dealing with confidential and sensitive information and situations.

Competencies

• Attention to Detail and Accuracy: Strong focus on accuracy when processing data, reconciling entries, and maintaining confidentiality, particularly in handling cash payments, journal entries, and financial records.
• Numerical and Analytical Skills: Ability to perform basic accounting tasks like resolving discrepancies, balancing accounts, and handling month-end accruals with a high level of numerical accuracy and analytical thinking.
• Time Management and Multitasking: Proficiency in managing multiple tasks and deadlines in a fast-paced environment, ensuring efficient workflow and timely completion of routine and special accounting projects.
• Communication and Interpersonal Skills: Strong written and verbal communication skills for collaborating with internal and external stakeholders to resolve discrepancies and provide support to other departments.
• Proficiency with Financial Systems and Software: Competency in using computerized accounting systems, demonstrating initiative and proficiency with tools required for data entry, reporting, and financial analysis.

Equal Opportunity Employment

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.