Junior Accounts Receivable Associate, Accounting Shared
Job descriptions may display in multiple languagesbased 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:
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-mindedteam. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:
We are looking for motivated and ambitious graduates who would like to start their career in Finance and Accounting. As an Accounts Receivable Junior, you will receive structured training and mentoring while learning end-to-end Accounts Receivable processes in an international Shared Service Centre environment.
This role provides an excellent opportunity to gain hands-on experience in SAP, invoice processing, vendor management, month-end activities, and financial controls while working with colleagues across multiple European locations.
Key Responsibilities
During the Training Period:
- Learn Accounts Receivable processes and company procedures.
- Support invoice creation and processing activities.
- Monitor invoice workflow and follow up on pending items.
- Support with reconciliation of customer accounts and resolve discrepancies
- Participate in AR month-end closing activities.
- Support AR reporting and KPI tracking.
- Communicate with internal stakeholders and suppliers regarding invoice-related inquiries.
- Ensure compliance with company policies and internal controls.
After Successful Completion of Training
- Independently process invoices in SAP.
- Manage assigned customer accounts.
- Resolve invoice discrepancies
- Performing activity in Month End Closing
- Participate in process improvement initiatives.
Qualifications
Education
Bachelor's or Master's degree in:
o Accounting
o Finance
o Economics
o Business Administration
o Mathematics/Economics
Recent graduates and final-year students are encouraged to apply.
Experience
- No previous work experience required.
- Internship or student practice in accounting or finance is considered an advantage.
Skills & Knowledge
- Strong analytical and problem-solving skills.
- Good numerical understanding.
- Attention to detail and accuracy.
- Strong willingness to learn.
- Good communication skills.
- Ability to work in a team environment.
Technical Skills
- Microsoft Excel (basic level).
- Microsoft Office package.
- SAP knowledge is an advantage but not required.
Language Requirements
- English - intermediate to advanced level (written and spoken).
- German, or other European languages are considered an advantage.
What We Offer
- Comprehensive onboarding and training program.
- Mentoring from experienced AP professionals.
- Opportunity to work in an international SSC environment.
- Career development and internal promotion opportunities.
- Exposure to SAP and modern finance systems.
- Professional development and continuous learning.
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.