Accounts Payable Coordinator

Magna International; Markham; On-site; CAD 50,000 - 70,000; Full time

Job summary

A leading company in automotive technology is seeking an Accounts Payable Coordinator to manage supplier inquiries, process payments, and ensure compliance with financial regulations. The role offers opportunities for professional growth in a dynamic environment focused on innovation and teamwork.

Qualifications

• 3-5 years relevant AR experience.
• Experience with J.D. Edwards or SAP is a plus.

Responsibilities

• Process wires and cheques, including positive pay requirements.
• Investigate and resolve invoice discrepancies and payment issues.
• Prepare payment forecasts for cash flow reporting.

Skills

Communication

Interpersonal Skills

Organizational Skills

Education

Bachelor’s Degree in Accounting

Tools

Excel

ERP systems

Job description

Join to apply for the Accounts Payable Coordinator role at Magna International.

What We Offer

At Magna, you can expect an engaging and dynamic environment where you can help develop industry-leading automotive technologies. We invest in our employees, providing support and resources for success. As part of our global team, you will have exciting responsibilities and development opportunities, because we believe your career path should be as unique as you are.

Group Summary

Transforming mobility by creating smarter, cleaner, safer, and lighter automotive technology through world-class electronic systems. Magna Electronics is a premier supplier in the automotive industry, focusing on quality, environmental consciousness, and safety. We innovate to drive the future of mobility.

Job Responsibilities

• Process wires and cheques, including positive pay requirements
• Handle supplier inquiries and website setup
• Address internal inquiries regarding expenses and payments
• Investigate and resolve invoice discrepancies and payment issues
• Reconcile supplier balances periodically
• Prepare payment forecasts for cash flow reporting
• Review and reconcile monthly aging reports with GL balances
• Prepare journal entries and accruals for month-end reporting
• Conduct GL account reconciliations and aging analysis
• Document requirements for Commodity Tax/HST audits
• Assist with month-end, quarter-end, and year-end closes
• Participate in audits and ensure compliance with SOX requirements
• Perform other duties as assigned

Key Qualifications/Requirements

• Bachelor’s Degree in Accounting
• 3-5 years relevant AR experience
• Advanced Excel skills (pivot tables, lookups)
• Strong interpersonal and communication skills
• Experience with ERP systems (J.D. Edwards, SAP)
• Automotive experience and OneStream knowledge are pluses
• Excellent organizational, documentation, and teamwork skills
• Ability to work independently and collaboratively

Our Values

At Magna, we value diversity and are an equal opportunity employer. We hire based on experience and qualifications, regardless of background or identity. We take privacy seriously and advise against email applications to comply with GDPR and local privacy laws.

Additional Details

• Worker Type: Fixed Term
• Group: Magna Electronics

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Motor Vehicle Manufacturing