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Purchasing Area Leader

Magna International

This is a Contract position in Vaughan, ON posted August 2, 2022.

Group Description Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers.

Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Role Summary The Area Leader for Finance and Purchasing will have excellent presentation, motivational and team building skills in order to balance multiple tasks in a fast paced manufacturing environment with a positive attitude.

They are responsible for supporting the Department Leader by overseeing all purchasing functions and for managing the accounts payable group.

Additional responsibilities include the development and maintenance of the product costing system and Capital at Formet Industries.

Key Responsibilities Perform all duties and promote themselves in a manner that reflects Formet Expectations and Formet’s Visions/Values through Magna’s Employee Charter.

Provide direction, communication and support to the purchasing group and the management team Monitor staff’s performance and provide feedback Reconcile and explain changes to production and MRO inventory related balance sheet accounts.

Develop and support Departmental leadership succession plans.

Develop programmes for record retention, continuous improvement, build standards and job training.

Participate in the creation and implementation of clearly defined rules of conduct and communications.

Provide training and work instructions in the areas of, Health & Safety, TS 16949, ISO 14001, job specific etc.

Participate in recruiting of personnel by conducting interviews as required.

Safeguard all financial documents and keep all financial matters private and confidential.

Establish policies and procedures to ensure accurate tracking of material, labour and overhead costs in the plant.

Understand all plant processes, forecast and explain trends and variances.

Manage and analyze material cycle counts and physical inventory.

Assist in the preparation of the annual business plan, and other forecasts or analysis.

Continual review and awareness of internal control issues, with appropriate recommendations for improvements.

Key Qualifications/Requirements Recognized Purchasing designation, or senior finalist in designation program.

Completion of post-secondary education preferably in business.

Minimum of three (3) years purchasing experience in a manufacturing environment.

Experience with integrated ERP system Additional Information Accommodations for disabilities in relation to the job selection process are available upon request.

Thank you to all who apply.

Only those who are selected to move forward will be contacted Awareness.



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 to comply with GDPR requirements and your local Data Privacy Law.