Magna International Inc. Looking for Accounting Clerk at Brampton, ON Full Time

Job Number: 32789

Group: Cosma International

Division: Promatek Research Centre

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

Promatek is seeking a high-energy, accounting and finance oriented individual to join the accounting team as an Accounting Clerk. As an Accounting Clerk, s/he will provide day-to-day financial support for the company primarily in the Accounts Payable function and assist with Accounts Receivable. The successful candidate is a self-starter who is detail oriented and will adhere to Magna International’s established policies and procedures in order to maintain the integrity of all financial information.

Key Qualifications/Requirements

Completed post-secondary education with specialization in Accounting or other relevant discipline.

Minimum 3 to 5 years of experience in Accounts Payable / Accounts Receivable and/or general accounting

Detail oriented individual with a desire to enhance analytical skills

Excellent organizational and communication skills

Demonstrate ability to work effectively within team environment and independently

Demonstrate strong interpersonal skills

Demonstrate self-motivation and determination attributes

Computer literacy with Microsoft Office, especially Excel and PowerPoint

Prior experience with SAP preferred

Knowledge of the automotive environment considered an asset

Valid Passport and Driver’s License

Key Responsibilities

Daily Accounts Payable Activities:
Processes A/P invoices by matching invoicing with packing slips and purchase orders and analyzing invoicing/expenses detail to ensure expenses are charged to the appropriate cost centres/GL account/Project Numbers

Ensures appropriate purchase order support and invoicing sign-off is obtained to facilitate vendor payment

Process and administer EFTs, ACH, wire transfers and manual cheque releases to supplier payments

Investigate and problem solve invoice discrepancies/ respond to supplier inquiries in a timely manner

Responsible for the accuracy, approval and processing of all expense reports.

Perform reconciliation of Accounts Payables and Open POs by verifying entries and comparing system reports to balances

Participates in the overall month-end close process such as intercompany balancing and preparing month-end accruals

Liaise with suppliers and other Promatek departments as needed

Assist the Controller with Internal & External Audit

Support with year-end process and activities

Accounts Receivable:
Cross training and support in all A/R functions including cash receipts processing, bank deposits, posting cheques, investigating discrepancies and issuing debit/credit memos – back-up and assist in month end A/R processes including intercompany reconciliation’s, HST Reconciliation, reports and analysis – assist and support collection efforts.

Assist the Controller with invoicing when required

Other Responsibilities:
Create new Vendor Accounts when required and perform validity checks

Convert Purchase Requisitions into POs and ensure correct GLs and Project Numbers are used

Monitor, maintain and improve on internal controls by adhering to Magna’s Minimum Control Procedures

Understand and assist with the Capital Expenditure Process

Assist with Travel reservations

Responsible for filing and archiving Business and Accounting files

General Admin office tasks

Assist all employees with finance requirements.

Perform any other duties as required

Additional Information

GENERAL EXPECTATIONS:
Continuously adhere to and apply the Magna Employee’s Charter, the Magna Corporate Constitution, and the Cosma Way of Thinking in all aspects of position and interaction with others.

Appreciate and maintain proper level of confidentiality.

Understand, promote and work by Promatek’s vision statement.

Work in a safe, organized, effective, efficient and proactive manner.

Travel may be required occasionally. Note: some of the travel may be outside North America.

Demonstrates ability to work effectively within a team environment.

WORKING CONDITIONS:
Office Environment