Accounts Payable Coordinator

Magna Electronics Markham; Markham; On-site; CAD 30,000 - 60,000; Full time

Job summary

An established industry player in mobility technology is seeking a detail-oriented Accounting professional to join their dynamic team. This role involves processing financial transactions, handling supplier inquiries, and preparing essential reports for month-end and year-end closes. The ideal candidate will bring a Bachelor's degree in Accounting, along with advanced Excel skills and relevant accounts receivable experience. You'll thrive in a collaborative environment where your contributions will support the company's mission to enhance mobility solutions. If you're passionate about finance and eager to make a difference in a forward-thinking organization, this opportunity is perfect for you.

Qualifications

• 3-5 years relevant AR experience required.
• Excellent written and verbal communication skills are essential.

Responsibilities

• Process wires and cheques, handle supplier inquiries, and resolve invoice discrepancies.
• Prepare journal entries and account reconciliations for month-end reporting.

Skills

Advanced Excel skills

Interpersonal and communication skills

ERP system (J.D. Edwards SAP)

Organizational and documentation skills

Automotive experience

OneStream experience

Education

Bachelor's Degree in Accounting

Tools

J.D. Edwards SAP

OneStream

Job description

At Magna, our groups work together to deliver advancements in mobility to build a better world for everyone and everything. Magna’s ADAS technologies are shaping an autonomous future and improving lives.

Full autonomy is coming. But to create the technology which will bring it into view, you need the desire and ability to adapt complete ADAS systems or modular solutions to any vehicle, for any mobility need.

Magna’s electronics solutions connect OEMs to their customers with features that improve their lives. It’s our expertise across the entire vehicle, key strategic partnerships and culture of innovation that allow us to make our industry-leading technologies road-ready. And it is how we’ll continue to build a safer, smarter and more connected mobility experience for all people.

What you'll do

• 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

What you’ll bring

• Bachelor's Degree in Accounting
• 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.