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Magna International

Accounts Payable Coordinator

Reposted Yesterday
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Hybrid
Markham, ON
Mid level
Hybrid
Markham, ON
Mid level
The Accounts Payable Coordinator processes payments, resolves discrepancies, handles inquiries, and ensures compliance with financial reporting and audits.
The summary above was generated by AI
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:
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Electronics.
Job Responsibilities:
  • Process wires and cheques including positive pay requirements
  • Handle supplier inquiries including website set-up and transaction details
  • Handle internal inquiries and transaction details on expenses, payments queries
  • Investigate and resolve invoice discrepancies and payment issues
  • Confirm and reconcile supplier balances on a periodic basis
  • Prepare periodic payment forecast for cash flow reporting
  • Review and reconcile monthly GRNI/POAI aging report with GL balances
  • Prepare journal entries including accruals for month-end reporting
  • Prepare GL account reconciliations including ageing analysis and reports
  • Responsible for documentation requirements for Commodity Tax/HST audits
  • Assist with month-end, quarter-end and year-end financial closes and reports
  • Participate in internal and external audits
  • Comply with SOX requirements and write procedures and policies as necessary
  • Perform other duties as assigned by Assistant Controller

Key Qualifications/Requirements
Education
  • Bachelor's Degree in Accounting

Experience
  • 3-5 years relevant AR experience
  • Advanced Excel skills (i.e., pivot tables, lookups, and workbooks)
  • Strong interpersonal and communication skills
  • ERP system (J.D. Edwards SAP)
  • Automotive experience is a plus
  • OneStream experience is a plus
  • Possess superior organizational and documentation skills, attention to detail and strong teamwork
  • Excellent written and verbal communication skills
  • Ability to work with minimal supervision
  • Ability to work cooperatively and collaboratively with all levels of employees, management, and external suppliers

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 to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Fixed Term (Fixed Term)
Group:
Magna Electronics

Top Skills

Erp System
Excel
J.D. Edwards
Onestream
SAP

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