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Disbursements Analyst

Job Number:  17840
Group:  Magna Powertrain
Division:  GO Troy
Job Type:  Permanent/Regular

Troy, MI, US, 48098-2863




Job Number: 17840 
Group: Magna Powertrain  
Division: GO Troy 
Job Type: Permanent/Regular 
Location: Troy 


Group Introduction


Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.


Key Responsibilities


•  Responsible for managing Troy GO Accounts Payable which includes the three-way match (invoice, receipt,
   and PO), answering and resolving vendor inquiries and discrepancies.
•  Prepare, analyze, and release weekly payment processing runs (checks/wires/ACH, attach support to payments,
   coordinate the signing of the checks).
•  Prepare, reconcile, and release bank deposits as required (checks, cash) and prepare the deposit support
   schedule, ensuring that correctly coded ledger entries are made.
•  Prepare, track, and ensure wire transfers are booked appropriately and in consideration of cash position of
   GO Troy. 
•  Reconcile supplier statements and the Accounts Payable subledger to the General Ledger and resolve and
   reconcile discrepancies.
•  Prepare journal entries to be posted in SAP.
•  Complete the audit of Troy’s expense reports and serves as main contact point for all Concur expense
   reporting issues for Troy and prepares summaries for management.
•  Analyses, judges, and prepares monthly inter/intra company invoices and resolves discrepancies and
   recommends cost distribution to appropriate entities.
•  Analyzes and prepares monthly departmental reporting of discretionary costs (cell phone, travel, meals),
   ensures that accounts balance, and sends to each department.
•  Ensures accurate and correct headcount reporting and completes the monthly headcount report, as well as
   resolve errors and discrepancies.
•  Analyzes and prepares audit support schedules and completes the Controllers Audit file as required.
•  Complete the preparation and issuance of the vendor 1099 reports, resolves discrepancies, and adjusts
   entries accordingly.
•  Serves as backup for the Accountant position which includes weekly cash forecasting, daily banking, preparing
   journal entries and reconciling accounts.
•  Practice and maintain integrity while following Magna’s Charter and Constitution.
•  Create a positive work environment by demonstrating and sharing functional / technical knowledge.
•  Develop and maintain a cooperative working relationship with internal and external customers.
•  Promote and seek excellence in all aspects of business.
•  Supports and adheres to policies, procedures and operational guidelines related to established quality
   management system (IATF).
•  Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.
•  Follow Magna’s Code of Conduct and Ethics and related compliance policies.
•  Perform additional duties and responsibilities as assigned.


The above is intended to describe the general content of the performance of this position.  It is not to be construed as an exhaustive statement of duties or responsibilities.


Requirements and Qualifications:


•  Bachelor’s Degree in accounting or finance required
•  1-3 years in an accounting or finance role a plus; experience with manufacturing a plus.
•  Proficient in Microsoft Office and an aptitude to quickly learn other software and applications;
   experience in SAP preferred.


The above is intended to describe the requirements for the performance of this position.  It is not to be construed as an exhaustive statement of requirements and qualifications.

03--Finance  F--Permanent/Regular 


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