Magna

Buyer, Sr.

Magna$85K — $100K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary education or equivalent required
  • Active pursuit of Advanced status in SCMA/SCMAO Professional Program is advantageous
  • Valid G driver's license required
  • Experience with ERP software, preferably T4M or SAP
  • Minimum 5 years of purchasing experience in a manufacturing environment, ideally automotive
  • Ability to understand basic accounting principles
  • Hands-on knowledge of manufacturing processes for the items purchased

Responsibilities

  • Negotiate supplier contracts for assigned production items
  • Communicate routinely with suppliers to meet company goals
  • Route requisitions for approval and manage purchase orders over $10K
  • Issue and amend purchase orders as necessary
  • Track and reduce supplier obsolescence claims
  • Monitor and secure cost savings and productivity rebates from suppliers
  • Contribute towards ongoing departmental improvement initiatives

Benefits

  • Regular, permanent position
  • Opportunity to engage with suppliers internationally
  • Focus on professional development and advanced certifications
  • Collaboration with cross-functional teams such as quality and program management
  • Dynamic role with responsibilities evolving around market conditions and company needs
Full Job Description
Job Responsibilities:

Immediate open position

QUALIFICATIONS
  • Post-secondary education or equivalent
  • Possess or be actively working toward Advanced status in "Professional Program" of SCMA/SCMAO or similar would be an asset.
  • A valid G driver's license
  • Ability to navigate ERP software (Preferably T4M, SAP)
  • Understanding of basic accounting principles
  • Minimum 5 years purchasing experience in manufacturing environment, preferably in automotive.
  • Hands-on understanding of manufacturing processes for commodity being purchased.
  • Previous experience in capital procurement
  • Ability to review and comprehend supplier financial statements.
  • Effective computerized business applications skills
  • Good English communication skills (both written and verbal)
  • Good interpersonal and effective organizational skills
  • Capable of working with minimal supervision
  • Ability to work under tight timelines
  • Ability to travel (local, international)


DESIRABLE ADDITIONAL QUALIFICATIONS

(Optional) - Preferred but not required
  • PMAC / CPP certification
  • Automotive background (preferably Magna)
  • Experience in scheduling and inventory control, reviewing and understanding of engineering drawings and specs.
  • Knowledge of QS-9000, ISO-14001 and TS/IATF-16949 standards
  • Technical background in quality, process, engineering, program management
  • Automotive manufacturing experience


MAIN TASKS & RESPONSIBILITIES
  • Compensation: $85,000 - $100,000 annually
  • Purchasing and negotiating supplier contracts for production items as per programs and commodities assigned (including market-testing)
  • Communicating with suppliers (written and verbal) on a daily basis to achieve organizational objectives.
  • Route internal requisitions for approval, create and distribute purchase orders for items that exceed $10K
  • Flexibility to manage after hours conference calls / travel to offsite supplier locations as needed.
  • Issuing of all applicable Purchase Orders and Amendments
  • Responsible for minimizing and verifying all supplier obsolescence claims with supporting documentation.
  • Responsible for monitoring and acquiring cost savings & productivity participation rebates from production suppliers.
  • Responsible for issuing all Supplier debit and credit notes as required.
  • Contributes to Departmental Continual Improvement at all times, both in general and specifically related to departmental goals and activity.
  • Attends APQP meetings and executes all purchasing responsibilities along with keeping program tracking charts up to date
  • Works with quality team to process QPF claims back to suppliers
  • Research potential suppliers to develop global souring opportunities
  • Maintains responsibility for departmental Continuous Improvement at all times, both in general and specifically related to individual duties

Worker Type:

Regular / Permanent

Group:

Magna Exteriors

About Magna

Magna Careers

Join Magna’s dynamic team of professionals and be part of a company that’s leading the way in automotive innovation. At Magna, we offer unparalleled job opportunities in an environment that values diversity, leadership, and growth. Work You’ll Do At Magna, we are committed to fostering an inclusive culture where every team member is empowered to contribute, innovate, and excel. We believe that diverse perspectives lead to groundbreaking ideas and better decisions. Joining our team means you’ll work alongside some of the industry’s most talented professionals, using state-of-the-art technology to create revolutionary automotive solutions. Lead in a Unique Market Position Magna stands at the forefront of the automotive industry, combining advanced technology, deep industry expertise, and a commitment to innovation that drives us forward. As a leader in our field, we offer careers that are not just jobs, but pathways to personal and professional growth. Explore Magna’s Job Opportunities Whether you’re looking for a position in engineering, design, production, or management, Magna has a place for you. Our global presence offers a wealth of opportunities for career advancement, professional development, and networking. From internships that provide real-world experience to leadership roles that challenge your skills, Magna is dedicated to helping you reach your full potential. Innovative Work Environment Magna is committed to innovation and excellence. Our team is constantly pushing the boundaries of what’s possible in the automotive world, making it an exciting place to grow your career. We encourage creativity and initiative, and we reward our employees with the benefits and support they need to succeed both professionally and personally. Be Part of a Great Team At Magna, you’ll find a collaborative environment that values teamwork and open communication. Our employees share a common goal: to lead the industry through innovation, efficiency, and sustainability. With diversity training and a focus on inclusive employment practices, Magna is a place where everyone can thrive. Future-Proof Your Career With Magna, you’re not just finding a job; you’re building a career. We offer extensive training and development programs to help you continue learning and evolving as a professional. With opportunities for advancement and a culture that promotes from within, Magna empowers you to design a career path that meets your ambitions. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are always on the lookout for passionate, curious, and innovative team players. Explore the possibilities that Magna offers. SEARCH MAGNA JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Magna.
Learn more about Magna
Size
161,000 employees
Market Cap
$15.9 billion
Industry
5 Year Trend
-0.1%
NASDAQ

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