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Magna International

GL Accountant

Posted 3 Days Ago
Be an Early Applicant
Markham, ON
Mid level
Markham, ON
Mid level
The GL Accountant will handle general accounting responsibilities, manage fixed assets, banking, and month-end closing functions for the Electronics division. Duties include preparing cash flows, conducting inter-company reconciliations, and assisting in quarterly reporting while ensuring compliance with internal controls and promoting an effective work environment.
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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:
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:
Role Summary
The GL Accountant is responsible for the general accounting, Fixed Asset, Banking and month end closing functions for Electronics.
Key Responsibilities

  • Prepare weekly cash flow for Group Office ledgers and report to Corporate Treasury using an online system, Integrity.
  • Perform inter-company reconciliation monthly and provide assistance to divisions in solving out-of-balances to ensure intercompany balances remain in balance.
  • Complete quarterly reporting package - Other assets, Fixed Asset Continuity reports, Judgmental accrual roll forwards and Lease Commitment schedules.
  • Prepare monthly journal entries to be posted in local ERP and Onestream system, as required.
  • Monitor divisions during close to ensure Onestream loads are accurately reported.
  • Prepare the audit support schedules and complete the Controllers Audit file as required. (yearly)
  • Assist with accounts receivable, accounts payable and fixed assets, as needed.
  • Supports the accounting team as needed to complete tasks and implement processes and procedures.
  • Review departmental expense reports.
  • Assist with the completion of other monthly closing activities as required.
  • Assist with the completion of the various quarterly and business plan reporting schedules.
  • Assist with consolidate function in corporate Onestream system as required.
  • Practice and maintain integrity while following Magna's Charter and Constitution.
  • Create a positive work environment by demonstrating and sharing functional / technical knowledge.
  • Develop and maintain a cooperative working relationship with internal and external customers.
  • Promote and seek excellence in all aspects of business.
  • Comply with the designated ISO / TS 16949 responsibilities, Health & Safety rules and practices, Magna Electronics policies, procedures, and practices.
  • Treat everyone with dignity, trust, and respect.
  • Other duties as assigned by management.
  • Maintains regular attendance.
  • Follows safe work procedures; Uses appropriate personal protective equipment (PPE); Uses workplace tools and equipment as instructed; Reports workplace hazards, injuries and illness as soon as possible following event.


Key Qualifications/Requirements
Education

  • Bachelor's Degree in accounting or finance required.
  • CPA Designation is a plus


Experience

  • 4+ years in an accounting / finance role; Experience in automotive a plus.
  • Able to be a team Player
  • Able to work effectively with frequent changes and competing demands
  • Able to set priorities to complete in timely manner
  • Able to demonstrate strong organizational skills and pay attention to detail
  • Able to work independently and follow through on assignments with minimal directions
  • Able to demonstrate strong work ethic
  • Microsoft Office Programs - intermediate level
  • Proficient in Microsoft Office, especially Excel, and an aptitude to quickly learn other software and applications; experience with Onestream a plus.
  • Experience in SAP
  • Comprehensive knowledge of English (verbal and written)
  • Advanced knowledge (verbal &written) of local language required.


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:
Regular / Permanent
Group:
Magna Electronics

Top Skills

Accounting
Finance
MS Office
Onestream
SAP

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