Accounts Payable Co-op

Posted 3 Days Ago
Be an Early Applicant
Newmarket, ON
Hybrid
Internship
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
As an Accounts Payable Co-op at Magna, you will support the finance team by entering vendor requests, recording invoices in SAP, confirming payments, and handling various financial tasks while maintaining confidentiality and compliance standards.
Summary Generated by Built In

What we offer:
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.
Group Summary:
The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.
Job Responsibilities:

  • Enter vendor change request into MDG for approval.
  • Assist in recording vendor invoices in SAP.
  • Assist Accounts Payable in confirming penny test for vendors set up on electronic payments.
  • Review Monthly Vendor statement to ensure all invoices have been received and entered in SAP.
  • Manage Mechatronics AP inbox and respond to vendor inquiries.
  • Assist with Vendor Payments, Matching vendor invoices to payment remittance.
  • Posting of monthly Standard Journal Entries & reversals.
  • Assist with putting together monthly journal entry & account reconciliation binders.
  • Filing vendor payments and boxing prior years financial records.
  • Assist with printing & matching vendor invoices daily.
  • Match & code purchases on corporate card.
  • Prepare monthly patent log report.
  • Assist in maintaining vendor project invoices for SR&ED.
  • Maintain strict confidentiality of all information obtained, written or verbal, within the Finance Department.
  • Follows Magna's Code of Conduct & Ethics and related compliance policies.
  • Perform other duties as required.


QUALIFICATIONS & SKILLS:

  • Working towards Bachelor's Degree or Postgraduate Certificate in Business
  • Proficient in MS Office including Word, Excel and PowerPoint
  • Excellent communications skills: verbal, written, listening
  • Ability to build relationships with & service the customer (internal)
  • Ability to manage multiple tasks
  • Ability to work efficiently individually, as well as in a team
  • Strong attention to detail
  • Maintain confidentiality and integrity
  • Ability to work under pressure


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.
Worker Type:
Intern (Fixed Term) (Trainee)
Group:
Magna Mechatronics, Mirrors & Lighting

Top Skills

MS Office
SAP

What the Team is Saying

Doug
Dave
Sam
Leo
Jim
Sreeni
The Company
HQ: Aurora, Ontario
171,000 Employees
Hybrid Workplace
Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries.

We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.

Why Work With Us

At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.

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Magna International Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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