Magna International Looking for Sr. Accounts Payable Clerk at Brampton, Ontario, Canada Full Time

Group: Cosma International

Division: Magna Structures Heart Lake

Job Type: Permanent/Regular

Location: BRAMPTON

Group Description

Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Role Summary

The Accounts Payable Clerk will lead the accounts payable function while working closely and cooperatively with other accounting staff.

• The successful candidate for this role will work at our new Magna Structures Heart Lake facility located in Brampton, ON**

Key Responsibilities

• Invoice matching, validating and processing
• Matching packing slips, purchase requisitions/orders and other documents to invoices for discrete Pos only
• Entry of invoices into system and inform Materials Department of any receiving discrepancies
• Inquiring vendors on unresolved issues or problems
• All filing of cheques and invoices
• Perform cheque run and EFT payments
• Selecting invoices to be paid
• Evaluating discount terms
• Printing cheques
• Matching cheques to invoices with all appropriate backup attached
• Ensuring unused cheques are kept locked and are all accounted for
• Distribution of signed cheques
• Remit EFT payments to banks once approved
• Check for exceptions in Scotia Connect daily
• Review list of outstanding cheques
• Investigate cheques older than 6 months and place “stop payment”
• Issue debit memos
• Printing out closed QPF’s
• Matching of debit memo to QPF and other backup documents
• Update QPF system once debit is issued
• Month-End
• Ensuring all invoices has been entered for the month
• Assist Finance Department with month end activities as required
• Preparing journal entries related to A/P
• Printing month-end reports such as POAI, Open Payables
• Performing quick checks to ensure sub-ledgers agree with G/L balances
• Complete I/C statements and send I/C to reconcile at month-end and confirm balance
• Photocopy all Tooling and Capital invoices and update Tooling graphs
• Update internal ESE Analysis
• Provide explanation of variance in the month end binder for A/P related sections
• Year-end audit file
• Responsible for A/P related sections
• Performance of quarterly supplier reconciliation
• Investigate old receipts in POAI report
• Performance of monthly A/P account reconciliations
• Perform all job functions in a safe and healthful manner, abiding by all health, safety and environmental rules and regulations, promoting safety in the workplace
• Comply with the requirements of C-TPAT/PIP
• Conduct business in an ethical manner in compliance with the Magna Code of Conduct
• Participate in and support Continuous Improvement initiatives
• Perform other duties as required

Key Qualifications/Requirements

EDUCATION:

• Post-secondary diploma/degree in Accounting or Finance

EXPERIENCE:

• Minimum 5 years continuous related experience

SKILLS:

• Good verbal and written communication skills
• Computer literate in word & spreadsheet programs
• Demonstrated ability to effectively solve problems
• Strong interpersonal skills
• Well-developed organizational and time management skills
• Strong attention to detail

What Heart Lake Offers

• Weekly pay via direct deposit
• Company paid Medical and Dental Benefits and an option for enhanced flexible benefits
• Magna will contribute an amount equal to 3% of regular earnings every week to your retirement savings (MBC program)
• Profit sharing
• Matched GRRSP
• Company paid Life Insurance and Accidental Death and Dismemberment (AD&D)
• Safety shoe allowance, prescription safety glasses allowance, custom molded earplug allowance
• Company paid uniforms
• Company BBQ, holiday parties and company events
• Corporate Social Responsibility initiatives
• Annual Employee Opinion Survey
• Magna Service Award Program
• Magna Scholarship Program
• Group Rogers and Bell cellphone data plan available
• Subsidized cafeteria
• Educational Assistance Program
• Employee Discounts: new vehicles, amusement parks, etc.
• You get to work with a FANTASTIC Team at a state-of-the-art Electric Vehicle Battery Enclosure Plant

Additional Information

Accommodations for disabilities in relation to the job selection process are available upon request.

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.