Role Summary

The Junior Accountant is responsible for assisting with the application of cash receipts on a weekly basis. Analyzing and clearing old AR items and chargeback supplier where necessary and reach out to customer to inquire on status of payments. They will also supporting AP functions for the accounting team. AP role would include entering invoices and Debit/Credit notes and emailing suppliers.

Contract work term: 4-6 months.

Key Responsibilities

• Review and reconcile cash receipts and resolves discrepancies and issues with the appropriate person(s) in a timely manner
• Follow-up on old AR items with treasury department and customer
• Resolves discrepancies and issues with the appropriate person(s) in a timely manner
• Download QPFs chargebacks
• Enter debit/credit notes to suppliers for any QPF chargebacks
• Maintain spreadsheet of steel resale items to be charged back by supplier
• Enter debit/credit notes to suppliers for any Steel resale chargebacks
• Assist Area Leader in entering EDI invoices
• Take lead on AP/AR projects as directed by Area Leader
• Responds to internal/external enquiries regarding account status as required in a timely manner
• Maintains an orderly file system and work environment
• Develops an understanding of the business processes within the company that affect their role
• Follows and comply with all Operational Procedures and Policies as outlined in the Employee Handbook, Quality and Environment programs (i.e. TS16949, ISO 14001)
• Understands, promotes and lives by Magna’s philosophies and Employee Charter
• Adheres to Modatek’s core values; integrity, respect, trust, honesty, fairness and loyalty
• Performs other duties as required

Key Qualifications/Requirements

• In the process of attaining a post secondary education in accounting, or with substantial related work experience to be considered equivalent
• Experience with an ERP or Accounting System; preference will be given to those with CMS experience
• Proficient in using Microsoft Office Applications (Microsoft Excel, Microsoft Word)
• Recent administration experience
• Strong verbal and written communication skills
• Strong organizational, interpersonal and problem solving skills
• Demonstrates the ability to work effectively within team environment
• Strong attention to detail
• Ability to work overtime to meet customer needs
• Ability to uphold confidentiality

Additional Information

Division Description
Located in Milton, Ontario, Modatek Systems is a division of Magna International. At Modatek, our dedicated team produce chassis systems utilizing innovative hydroforming, automated welding, and electrostatic coating processes within a large, safety-focused facility.

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.