Senior General Ledger Accountant - Shared Services

About the role

Magna is looking for a Senior General Ledger Accountant to join its Shared Service Center team. The role executes and oversees complex general ledger accounting, ensures accurate and timely financial reporting, month-end closing, account reconciliations and compliance with internal controls and accounting standards. It works in a standardized GBS shared services environment and acts as the main contact for stakeholders while supporting team development.

Key responsibilities

• Perform and review journal entries, accruals, prepayments, provisions and reclassifications
• Ensure accurate posting of transactions in SAP and monitor and analyze balance sheet and P&L accounts
• Execute and coordinate closing activities and prepare and review account reconciliations
• Investigate and resolve accounting discrepancies and unusual transactions
• Ensure completeness and accuracy of financial reporting packages and support intercompany reconciliation and confirmation
• Ensure compliance with IFRS, local GAAP and company policies, and adhere to SOX requirements and the internal control framework
• Maintain supporting documentation, support audit requests and collaborate with Finance, Controlling, Treasury, Tax, AP, AR and Purchasing teams
• Support local entities during transition and stabilization, and take part in migration, transition and transformation projects
• Identify process optimization and automation opportunities, support harmonization of GL processes and help onboard and train new team members

Required profile

• Bachelor's degree in Accounting, Finance, Commerce, Business Administration or equivalent
• 5 years of experience in a comparable role with transactional accounting experience
• Fluent English (written and spoken); additional languages are a plus
• Professional accounting qualification (ACCA, CPA, CIMA or equivalent) is an advantage

Required skills

• Strong knowledge of SAP or a similar platform
• Strong MS Excel skills for reconciliations and analysis
• Familiarity with automation tools such as electronic workflow systems
• Solid understanding of financial controls such as SOX requirements