Accounts Payable (AP) Clerk

Magna International•Penetanguishene, ON

1d•CA$43,520 - CA$55,000

About The Position

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. 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.

Requirements

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.

Responsibilities

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Identify outdated or inactive POs and distribute reports to relevant departments for review and closure recommendations.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