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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, wide-ranging 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 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.
Job Responsibilities Scope of Position: The Senior Buyer is responsible for the procurement and management of purchased and directed‑buy components, capital equipment, tooling & facility services. Additionally, the Buyer may need to support our MRO operations, and cost savings initiatives in MRO.
Salary Range: $86,000 - $109,000
Minimum Requirements Post-secondary Degree/Diploma
Five (5) years to Ten (10)+ years of experience in a progressive Purchasing Department (Tier 1 Automotive Preferred)
Strong computer skills (Microsoft Office Suite, ERP Systems such as CMS, SAP)
Able to demonstrate examples of Cost Savings Projects for several commodities, the related challenges, and total savings opportunities
Excellent organizational, interpersonal and communication skills
Good mathematical and problem solving skills
Process knowledge of various core commodities
Working knowledge of GD&T;, PPAP’s, APQP, and IATF requirements
Strong attention to details, motivated to create and find new savings opportunities
Experience negotiating complicated contract terms and conditions
Ability to work to meet deadlines and multiple demands
Ability to uphold confidentiality
Demonstrates the ability to work effectively in a team environment
Willingness to travel for training, meetings, and supplier visits (up to 20% of travel)
Available to travel internationally, and for on call coverage as required
Job Specific Responsibilities Develops and executes effective bidding, negotiation, and pricing strategies to provide a strong competitive advantage in a manner that meets our budgets, policies, ethical standards and audit requirements
Prepares RFQ/Bid packages for diverse commodities including but not limited to Raw Material (Steel, Aluminum coil steel), Stampings, Fasteners, Sleeves, Aluminum Extrusions and Aluminum Castings, capital equipment,



tooling and several major MRO related commodities etc.
Consults with internal team in reviewing scope of work for RFQ process, supplier quote proposal and recommend suppliers based on detailed quote analysis. Reviews detailed cost breakdowns and provides recommendations on supplier target pricing
Continually work with Supply base to identify Cost Saving opportunities and strive to achieve Cost Saving targets assigned by Management.
Establishes supply chains to ensure a continuous supply of purchased components, directed‑buy components, and tooling
Supports the Materials team with on time delivery as needed
Issues capital and tooling addendums, reviews GSA and QPF supplier ratings, conducts supplier integrity checks, and requests financial audits as needed
Participates in design reviews in conjunction with Design, Supplier Development, Tooling and Quality Engineers in order to ensure the successful launch of new programs
Prepares, negotiates and executes all contracts according to Deco Automotive/Magna policies and procedures, and in accordance with government regulations
Communicates effectively with all internal departments and team members
Ensures all purchase orders are entered in a timely manner, while ensuring blanket purchase order pricing is accurate. Reconciles any variances between Purchase Orders and Invoices (Price, Quantity, Inco terms, Terms of Payment)
Works with our Supplier Quality Engineer arranging and supporting supplier audits as required
Maintains supplier files, purchase prices, price fluctuations
Resolves material claims with suppliers
Conducts activities in ERP System and other Information Systems to support purchasing
Ensures successful and timely implementation of approved engineering changes by closure of all commercial issues with suppliers
Flexible to procure any emergency requirements in cooperation with requisitioning departments and other supporting segments in the organization to ensure project completion
Reviews Trade Bulletins on a regular basis to provide awareness of market trends
Follows and complies with all Operational Procedures and Policies as outlined in the Employee Handbook, Quality and Environmental programs (i.e. IATF 16949, ISO14001)
Understands,



promotes and lives by Magna’s philosophies and Employee Charter
Adheres to DECO Automotive’ s core values; integrity, respect, trust, honesty, fairness and loyalty
Performs other duties as required
General Responsibilities Fosters positive employee relations.
Commitment to continuous improvement and workplace safety.
TS16949 awareness and adherence.
ISO14001 awareness and adherence.
Lean Manufacturing and 5S concepts awareness and adherence.
Flexible in hours of work to meet internal/external customer requirements.
Works in a strictly confidential and professional manner.
Other applicable duties as assigned.
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.
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.
Worker Type Regular / Permanent Group: Cosma International
We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. In the right environment, your ideas can turn into industry‑changing automotive technologies and improve the lives of people around the world.
Let's create the future of mobility, together.
Learn more about us: Sustainability Innovation Interview‑Tips

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📌 Senior Buyer (Ontario)
🏢 Magna International
📍 Ontario