Accounts Payable Clerk

Magna International•Concord, ON

3d•CA$50,000 - CA$55,000•Onsite

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 Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets. Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Requirements

Post-secondary graduate in Finance, Accounting or Business Administration
2 to 3 years’ experience in Accounts Payable/Accounting
Good understanding of purchases and A/P aging
Excellent English communication skills (written and verbal)
High proficiency in Microsoft Office Suite of products (particularly Excel)
Proven confidentiality skills, a must
Strong account investigation and follow-up abilities
Must be a team player who is self-motivated with a positive attitude
Must be detail-oriented and focused
Able to approach all levels of the organization to resolve AP matters
Well-developed organizational and time management skills
Ability to effectively assess risk and prioritize accordingly
Ability to multi-task in a fast paced team environment, with a creative and resourceful approach to problem solving

Nice To Haves

Exposure to ERP (Global Shop Solutions, an asset)

Responsibilities

Reconcile vendor statements on a monthly and quarterly basis
Build and maintain excellent supplier relations
Investigate and follow up on any supplier invoice inconsistencies/discrepancies to purchase orders and/or receiving slips and ensure timely correction of (price, terms etc.); work closely with program managers, estimators, shop personnel, designers, shipping personnel and buyer to resolve these in a timely manner
Maintain and provide accurate accounts payable information in a timely manner for the month-end analysis
Review and check accuracy of supplier invoices and general ledger distribution of costs
Match vendor invoices to receipts (receiving and/or packing slips) and purchase orders and enter into GSS
Respond to all vendor inquiries in a timely manner
Maintain filing system for all paid and unpaid invoices and ensure items are filed on a regular basis
Process vendor payments via EFT/ACH, cheque and/or wire and ensure required approvals are obtained prior to
Perform and confirm penny test for all vendors who are being set up for electronic payments adhering to our corporate policy
Meet all reporting requirements and deadlines
Maintain and prepare month end accounts payable accruals
Prepare month end account reconciliations related to payable accounts
Match, code and enter in purchases on corporate credit card
Verify and code expense reports and cross reference freight bills
File and archive paid invoice files and prior year’s financial records on an annual basis
Provide administrative support to Finance Department
Perform miscellaneous other accounting functions as requested by the Controller and/or Senor Financial Analyst
Develop and maintain departmental work instructions