Cost Accountant

## Cost Accountant Apply locations:
Lancaster, Ohio, UStime type:
Full time posted on:
Posted Todayjob requisition :
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** Job descriptions may display in multiple languages based on your language selection.**##
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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.##

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** 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.
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* Job Responsibilities:

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* Summary:

**## Responsible for the processing of accounts payable transactions, maintaining the AP sub-ledger, and processing payments to division suppliers.  This position also provides service in support of internal inquiries and vendor communications.  It will assist in month end reporting and work on special projects/assignments as needed.#
** Candidates MUST have current manufacturing experience, automotive manufacturing is a plus.**#
** REQUIRED SKILLS/EXPERIENCE*** ## Bachelor’s degree in accounting, finance, Industrial Engineering / Costing or related field.* ## At least 5 years finance experience in a manufacturing operation.* ## Strong Microsoft Excel skills.  

Experience with SAP preferred* ## Able to appreciate and maintain proper level of confidentiality, using discretion and tact.* ## Must be able to interact effectively with other team members.* ## Demonstrate a maturity of judgement, leadership skills, attention to detail and exceptional organizational, listening, communication and presentation skills in all aspects of the job function.* ## Ability to work flexible hours in a fast-paced environment in order to meet customer requirements.#

** DUTIES:*** ## Perform Costing and Material Analysis Functions including Bill of Material structures setup* ## Perform and report Labor costing analysis* ## Participate in the close process including labor variance, material variance and inventory analysis* ## Compile documentation for financial audits* ## Preparation and submittal of monthly, quarterly, & annual schedules to group office regarding specific GL account reconciliations and supplemental information used in consolidated corporate disclosures.
* ## Assist with Compliance & Maintenance of Sarbanes-Oxley requirements.* ## Analyzes, adjusts, and reconciles issues identified through Month end close review.* ## Setup/revise (as required) part numbers in ERP system* ## Setup/revise (as required) Bill of Materials structures for assemblies and finished goods products in ERP system* ## Ensure part number effective dates are current to releases in ERP system* ## Track and verify Engineering Design and Develop costs are within budget.
* ## Analyze and report weekly Sales/Cost of Sales* ## Setup Service Parts and Structures in ERP system including entry and verification of price and cost* ## Track profit/loss on Prototype Sales* ## Assist in analyzing inventory levels and transactions for recording purposes* ## Monitor the cycle counts general ledger account* ## Develop labor and burden rates required for standard cost development* ## Setup labor and burden routings for assemblies and finished goods* ## Roll standard costs as required;
Update current and frozen costs in system* ## Develop analysis to review all component cost/price changes resulting from VAVE initiatives, Economics, etc. including all Customer CR’s*…