Full-Time

Account Manager

Posted on 5/14/2026

Magna

Magna

10,001+ employees

Automotive components and contract manufacturing provider

No salary listed

Company Does Not Provide H1B Sponsorship

Novi, MI, USA

In Person

Category
Sales & Account Management (1)
Requirements
  • Bachelor's Degree (or bachelor’s equivalency) in Business Administration, Engineering or related field, or combination of equivalent education and work experience.
  • Valid driver’s license.
  • Working knowledge of relevant cost models and supplier costs (JIT, mechanisms, trim).
  • Knowledge of customer, product, and supply base.
  • Proven customer-networking abilities.
  • Strong communication skills: verbal, written, and technical presentations.
  • Strong organizational skills and the ability to successfully coordinate and complete multiple tasks within and across departments to meet established and changing deadlines.
  • Demonstrated successful performance with independent problem solving, presentations, and leadership.
  • Proficient with word processing, spreadsheet and database applications.
Responsibilities
  • Manages and leads cross functional group including engineering, operations, costing, purchasing, and quality team members in MS quotations, customer presentations and requests.
  • Promotes MS to the customer. Aligns customer communications with MS policies, philosophy, structure, capabilities, business plans and strategy.
  • Works to ensure customers view MS as innovative, proactive, and capable.
  • Provides input in the development of objectives and strategies and carries out assignments to achieve the goals of the Application Team, General Manager, and Director of Sales.
  • Considers customer direction; market demand; competitor direction; MS’ competitive position (i.e. capabilities, price, quality, penetration, market perception); and corporate and group strategy while engaging the customer in the resolution of issues and/or the exploration of new opportunities.
  • Stays abreast of potential new business opportunities. Remains knowledgeable of customer’s business strategy, participates in the assessment of validity and relevance of opportunities, appropriately communicates information and opportunities within MS.
  • Helps define and communicate customer requirements to the application teams. Attends Product Development and other program team meetings to provide commercial goals and provide resolution of commercial issues.
  • Responds to commercial information requests from Engineering. Attends production runs with manufacturing representatives, as required. Responds to tooling questions (generally non-technical) such as timing and cost. Processes quotes and follows up on deliveries, as required.
  • Completes tasks and resolves issues to ensure compliance to program objectives and commercial targets. Has lead commercial responsibility.
  • Assures timely and accurate documentation of sales and marketing deliverables as established, per the product delivery process. Ensures timely flow of business documents between the customer and MS. Ensures documentation of key positions and agreements. Ensures documented agreements meet finance guidelines and requirements.
  • Develops and negotiates program pricing and responds to internal, corporate, and customer pricing requests. Generally, in conjunction under the guidance and parameters set by senior sales personnel and application team management: reviews and submits quotes and other commercially related correspondence to the customer, provides target pricing, responds to quotation feedback. Drives closure on commercial issues.
  • Assists, as required, in resolving quality and production issues and commercial aspects of engineering change issues as they relate to the Customer.
  • Tracks “loss monies” and open cost issues and develops and implements closure strategy to resolve timely.
  • Consults with application team and matrix support organization regarding cost reduction proposals. Provides input concerning priority, likelihood of customer acceptance, and applicability to program business strategy. Coordinates submission of proposals and responds to customer inquiries.
  • Supports Internal / External Audit efforts regarding ISO 9001:2015, IATF 16949 Certification for remote site location (Group Office).
  • Supports the requirements as detailed in Standard Operating Procedure 8000 (Quality Management System).
  • Ensure employees work in the manner consistent with the organizations established objectives and targets utilizing protective equipment, devices, measures, and procedures as promulgated by state and federal regulations. Establish clear goals for workplace health and safety. Complete safety talks, safety meetings, and required training occur, as defined.
  • Additional duties as assigned.
Desired Qualifications
  • Five (5) years’ experience in automotive sales, program management, or engineering management preferred.

Magna is a global mobility technology company and one of the world’s largest automotive suppliers. It designs, manufactures, and integrates a wide range of automotive components and systems, including body exteriors and structures, power and vision technologies, seating, and complete vehicle solutions. It differentiates itself by offering integrated end-to-end capabilities—from parts production to full vehicle engineering and contract manufacturing—across a vast global network of 338 plants in 28 countries, with the ability to develop multiple powertrain options in one facility. Its goal is to be a trusted one-stop partner for automakers, helping them move from concept to finished vehicle and accelerate electrification and advanced mobility through global manufacturing and engineering services.

Company Size

10,001+

Company Stage

IPO

Headquarters

Aurora, Canada

Founded

1957

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 adjusted EBIT rose 58% to $558M with 5.4% margin expansion.
  • Magna Steyr produces GAC Aion V and UT using Farasis LFP batteries under 2025 agreement.
  • China Kunshan facility boosts automation and partnerships with local automakers.

What critics are saying

  • $485M write-down from divesting Lighting and Rooftop to Mutares and AURELIUS in H2 2026.
  • $591M Electronics impairment reveals weak automated driving demand and overcapacity.
  • EU tariffs force low-margin GAC and Xpeng production at Graz, eroding profitability now.

What makes Magna unique

  • Magna assembles complete vehicles via Magna Steyr for GAC Aion UT in Graz since March 2026.
  • Magna introduced Icon radar in 2018 for Level 5 autonomy and automatic emergency braking.
  • Magna's DHD REX hybrid drive offers modular range extension for B-E segment SUVs.

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Company News

Yahoo Finance
Apr 12th, 2026
Magna divests Lighting and Rooftop units to focus on higher-margin segments

Magna International has agreed to sell its Lighting and Rooftop Systems businesses through three separate transactions, expected to close in the second half of 2026. The divestitures aim to refocus the company on areas aligned with its long-term growth and margin objectives, reshaping its Power & Vision segment. The company's shares recently closed at CA$80.02 on the TSX, trading approximately 22% below the analyst consensus target of CA$97.60. Over the past year, the stock has returned 86.6%, though it has declined 20.3% over five years. Magna currently operates with a group profit margin of approximately 2.0%. Investors will be monitoring how the portfolio restructuring affects margins and earnings stability once the transactions complete.

electrive
Mar 26th, 2026
GAC Aion UT starts production at Magna Steyr in Austria.

GAC Aion UT starts production at Magna Steyr in Austria. Contract manufacturer Magna Steyr has begun production of the compact electric vehicle GAC Aion UT. This model is the second electric series produced in Graz by GAC, following the Aion V. For the Chinese OEM, this step represents further localization of production in Europe. By Cora Werwitzke 26.03.2026 - 10:39 Magna Steyr only began producing the mid-size SUV GAC Aion V in Graz last November. Just five months later, the smaller Aion UT has followed suit. This development was reported by the portal CN EV Post, citing official statements from Magna. The collaboration stems from a comprehensive cooperation agreement signed between GAC and Magna in November 2025, which at the time already extended beyond the Aion V. The Aion UT is a battery-electric compact car currently manufactured in China and Thailand. It has been available in its home market since March 2025. Earlier this month, the model made its debut at the Motion Expo automotive trade fair in Graz, Austria. Read its test drive review here. It had already become clear that the model would also be produced at Magna Steyr. In December 2025, an official GAC announcement revealed that the company would use LFP batteries from Farasis Energy for its European models. The Aion UT was mentioned alongside the Aion V as a target model for the battery supply, indirectly confirming that the battery-electric compact car would also be built locally in Europe. The Farasis battery cells are large-format pouch cells with lithium iron phosphate (LFP) chemistry. According to the partners, the total order capacity exceeds 10 GWh, which, in purely mathematical terms, is sufficient for around 100,000 electric vehicles with 100 kWh batteries. However, the exact size and capacity of the batteries remain unknown. Meanwhile, Magna's Austrian plant is increasingly becoming a production hub for Chinese automakers expanding into Europe. Since September, the Magna facility has also been assembling the Xpeng G6 and G9 models. By producing vehicles in Europe, Chinese manufacturers avoid the EU's additional tariffs, which would otherwise apply to electric cars imported from China into the European Union. Importantly, Magna is responsible solely for vehicle production, while distribution of GAC's electric vehicles is handled by the Chinese company itself. "GAC plans to expand into further European markets through new partnerships as well as service and distribution networks," it was stated in December. However, the Canadian group did not specify which markets are being targeted or what production capacities GAC has secured at Magna. The Magna vehicle plant in Graz operates mixed production lines, where internal combustion engine vehicles, hybrids, and electric cars are manufactured side by side. Well-known electric models from the plant include the Jaguar I-Pace and, briefly, the Fisker Ocean (both discontinued), as well as the current Mercedes G-Class with EQ technology and the two Xpeng models. On the internal combustion engine side, the BMW Z4 and Toyota Supra remain in production. cnevpost.com 0 comments. about "GAC Aion UT starts production at Magna Steyr in Austria" Your email address will not be published. Required fields are marked *

Yahoo Finance
Mar 24th, 2026
Magna launches DHD REX hybrid drive to extend EV range with flexible, modular design

Magna International has introduced DHD REX, a dedicated hybrid drive system for range-extended electric vehicles designed to provide electric-like performance with seamless range extension. The ready-to-integrate system features a modular, single-motor architecture adaptable to diverse regulatory and customer requirements across global markets. The system supports multiple operating modes, including electric driving, generating mode and optional parallel hybrid mode, whilst reducing size, weight and system cost. DHD REX is validated for B through E vehicle segments in all-wheel drive layouts, including SUVs, and can be adapted to both internal combustion engine and battery electric vehicle platforms. The launch complements Magna's DHD Duo dual e-motor system, which is already in series production. Diba Ilunga, President of Magna Powertrain, said the solution reflects the company's commitment to flexible, customer-focused electrification pathways.

Yahoo Finance
Mar 15th, 2026
Magna International shares slip 19% in one month amid valuation debate at $55

Magna International has raised CA$120 million in new funding, though shares have weakened recently, falling 1.8% in the latest trading session and 19.2% over the past month. The company currently trades at CA$75.59 per share with a market capitalisation reflecting its CA$42.01 billion in revenue and CA$829 million in net income. Despite short-term pressure, the company has delivered a 50.69% total shareholder return over one year. Analysts suggest the stock is trading 15.7% below its fair value estimate of CA$89.71, with expected margin expansion from operational improvements and restructuring over the next two years. Key risks include weaker vehicle production in major markets and ongoing inflation and labour cost pressures that could impact margins.

Yahoo Finance
Mar 12th, 2026
Bank of America reinstates Magna International with $80 price target on automaker supplier optimism

Bank of America reinstated coverage of Magna International Inc. with a Buy rating and an $80 price target on 4 March. The firm cited expectations for the North American automotive sector to outperform this year, noting that a regulatory environment potentially favouring internal combustion engine vehicles could benefit suppliers like Magna. Magna reported fourth-quarter sales of $10.8 billion, up 2% year over year. Adjusted EBIT margin expanded by 100 basis points to 7.5%, whilst adjusted earnings per share rose 29% to $2.18. Previously, Morgan Stanley raised its price target to $65 from $54 with an Equal Weight rating, whilst Scotiabank increased its target to $69 from $57 with a Sector Perform rating. The Aurora, Ontario-based company is one of the world's largest independent automotive suppliers.