Team Lead, Accounting Shared Services

Job descriptions may display in multiple languages based on your language selection.

What we offer:

Group Summary:

As one of the world's leading automotive suppliers, Magna International is committed to develop product and process innovations, relying on its manufacturing excellence that combines exclusive design, engineering and program management expertise. The heart of our operational structure is a strong corporate culture and philosophy that focuses on fair business. Finance/Business Services supports Magna worldwide with Backoffice Services.  

A new Shared Service Center in Belgrade will provide centralized accounting services for multiple European business units and play a key role in harmonizing processes and ensuring compliance across regions.

Job Description

The Team Lead Accounts Receivable is responsible for managing the AR function within the SSC, including customer invoicing, cash application, and reconciliation. A key requirement is deep familiarity with self-billing processes used by European automotive OEMs and the use of SAP tools such as the self-billing cockpit to monitor and manage these transactions. The role includes leading a local team, ensuring accuracy and timeliness in receivables management, and supporting harmonization across business units.

Main Duties

•  Lead the AR team within the SSC, including daily operations, performance management, and staff development
• Ensure accurate and timely processing of customer invoices, credit memos, and incoming payments
• Manage and reconcile self-billing transactions with automotive OEMs
• Use SAP tools such as the self-billing cockpit to monitor and resolve discrepancies
• Maintain customer master data and coordinate with sales and local finance teams
• Monitor overdue receivables and support collection efforts
• Ensure compliance with internal controls and audit requirements
• Support month-end and year-end closing activities related to AR
• Participate in process documentation and knowledge transfer during transitions
• Monitor KPIs (e.g. DSO, unapplied cash) and ensure SLA adherence
• Drive continuous improvement and support automation initiatives
• Act as escalation point for complex AR issues, especially related to OEM billing 
   

Requirements

• Bachelor’s degree in economics, finance, or a related field
• 5+ years of relevant work experience in Accounts Receivable or related finance functions
• At least 2–3 years of experience in managing a team

Skills

• A team- and service-oriented approach, combined with a strong commitment to delivering high-level performance
• Strong knowledge of AR processes, especially self-billing in the automotive industry
• Proficient in SAP (S/4HANA or ECC), including tools for managing self-billing transactions
• Fluent in English; additional languages are a plus
• Strong analytical and reconciliation skills
• Hands-on, detail-oriented, and proactive approach

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.

Notice regarding the use of AI:

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.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.