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Magna International

Accounts Payable (AP) Clerk

Posted An Hour Ago
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Hybrid
Penetanguishene, ON
Junior
Hybrid
Penetanguishene, ON
Junior
Process vendor invoices, requisitions and purchase orders; run weekly cheque runs (USD/CDN); reconcile AP sub-ledger to GL; perform month-end accruals and reporting; manage vendor EFT setups and vendor master data; investigate PO/invoice discrepancies; monitor and close POs; handle vendor inquiries and support accounting reporting and continuous improvement projects.
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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, varied 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:
The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.

Job Responsibilities:

Job Responsibilities:

  • Salary: $43,520 - $55,000 annually
  • Processing of requisitions, purchase orders and vender invoices; Processing vendor invoices in alignment with corresponding requisitions and purchase orders.
  • Work with Purchasing to investigate and resolve all purchase order/invoice discrepancies. (confirm that all deliverables associated with open POs have been received and properly documented)
  • Monitor and review open Purchase Orders (POs) to ensure timely receipt of goods and completion of services.
  • Identify outdated or inactive POs and distribute reports to relevant departments for review and closure recommendations.
  • Optimize accounts payable days calculation to 60 days.
  • Process weekly cheque run for both USD and CDN currency accounts payable.
  • Answer all incoming AP calls from vendors.
  • Reconcile AP sub ledger to GL control account monthly.
  • Perform month end AP accruals.
  • Run AP month end reports.
  • Facilitate Electronic Funds Transfer (EFT) setups for vendors in accordance with corporate policies and procedures, ensuring compliance with internal controls and secure handling of banking information.
  • Review and verify the accuracy of new vendor information entered the system, including vendor master data, EFT remittance and banking details, and contact information, ensuring compliance with corporate standards and data integrity protocols.
  • Contribute to all continuous improvement efforts.
  • Special projects as assigned by Controller / Financial Manager.
  • Provide support for accounting reporting needs, as required

Qualifications:

  • Completion of Post-Secondary Degree/Diploma in a related field of study.
  • Experience in an accounting environment is required
  • Must have the ability to work independently as general direction is given regarding work and sound judgment is required in applying the guidelines for the work
  • Proficient in Microsoft Office Programs (Teams, Outlook, Word, Excel,).
  • Ability to handle confidential and sensitive matters with objectivity and discretion, high personal standard of integrity.
  • Strong Customer-service focus.
  • Strong initiative, sense of ownership and responsibility toward work.

Site Benefits

  • A great work experience with a diverse and dedicated workforce
  • A strong focus on safety and health and wellness (fitness membership discounts)
  • Five and a half (5.5.) paid personal days
  • Competitive extended health benefits
  • Group RRSP matching program
  • Profit Sharing Plan
  • Team appreciation lunches and events
  • Education Reimbursement Program
  • Continuous Improvement and Development Culture
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.

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.


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:

Magna Mechatronics, Mirrors & Lighting

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