Staff Accountant

Magna International; Piedmont (CA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

401(k) with match

Employee Profit Sharing Plan

Tuition Reimbursement

Onsite cafeteria

Annual events

Onsite Nurses’ office

Onsite Mother’s room

Job summary

Magna International, COSMA Group, is seeking a Finance professional to own month-end close, reconciliations, and reporting across AR, deductions, and budgeting. You will coordinate with audit teams and prepare financial and operational analyses using OneStream and SAP, leveraging strong Excel skills.

This role is onsite within Magna’s US operations and offers a comprehensive benefits package. Ideal candidates have a accounting/finance degree and 1–2 years of relevant experience, with proficiency

Qualifications

• Bachelor’s degree in accounting or finance is required, or equivalent years of experience and certified training.
• 1-2 years of related accounting experience is preferred.
• Experience with SAP and advanced Excel skills is required.
• Experience with OneStream is preferred.

Responsibilities

• Lead the month-end close process, including journal entries and data loading into OneStream.
• Prepare and maintain account reconciliations (AR, GRIR, customer deductions, and other accounts).
• Compile and review month-end reporting packages and supporting documentation for management review.
• Manage key Accounts Receivable functions: cash application, reconciliation, collections, and deduction analysis.
• Prepare and distribute critical financial and operational reports, including AR aging and daily sales dashboards.
• Support audit and compliance activities with internal and external auditors.
• Assist with year-end and budgeting activities, including inventory reconciliation and budget/forecast loading into OneStream.

Skills

Advanced Excel

SAP

OneStream

Education

Bachelor's degree in accounting or finance

1-2 years of related accounting experience

Certified training

Tools

SAP

OneStream

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:

Essential Functions of the Position:

• Lead the month-end close process , including preparing/posting journal entries, loading financial data into OneStream, and ensuring all financial records are complete and accurate.
• Prepare and maintain account reconciliations (AR, GRIR, customer deductions, and other assigned accounts), researching and resolving outstanding items.
• Compile and review month-end reporting packages , including journal entry binders, reconciliation binders, financial statements, and supporting documentation for management review.
• Manage key Accounts Receivable functions , including cash application, customer account reconciliation, collections, past-due follow-up, pricing variance resolution, and deduction analysis.
• Prepare and distribute critical financial and operational reports , including AR aging, overdue account reporting, deduction tracking, and daily sales dashboards.
• Support audit and compliance activities , coordinating with internal and external auditors and providing requested financial reports, analyses, and reconciliations.
• Assist with year-end and budgeting activities , including inventory reconciliation, 1099 preparation, CMF reporting, and loading budget/forecast financials into OneStream.

Position Requirements:

Education and/or Experience

• Bachelor’s degree in accounting or finance is required, or equivalent years of experience and certified training.
• 1-2 years of related accounting experience is preferred.
• Experience with SAP and advanced Excel skills is required.
• Experience with OneStream is preferred.

WHY WORK HERE?

• Health Insurance (includes telemedicine, FSA, HSA, and other benefits)
• Dental Insurance
• Vision Insurance
• 401(k) with match
• Employee Profit Sharing Plan
• Employee Assistance Program
• Tuition Reimbursement
• Referral Program - Up to $1,000 per hired referral
• Onsite cafeteria with multiple fresh-cooked options and salad bar, and fully stocked breakrooms throughout plant
• Annual events (Summer cookout, Christmas party, etc.)
• Onsite Nurses’ office
• Onsite Mother’s room

Pay range: $55,000 - $75,000 annual salary

VISA SPONSORSHIP NOT AVAILABLE FOR THIS POSITION

#LI-JC1 #LI-SF1 #LI-Onsite

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 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 / Permanent

Group:

Cosma International