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General Accountant

Job Highlights
Direct Hire

About the Opportunity

The General Accountant is responsible for general accounting activities including ensuring that financial reports are produced loaded to Group office on time to meet deadlines. Prepare account reconciliations on a monthly basis. Ensure all recs and JE for the team as completed. Manage Fixed Assets and run and manage payments for Accounts Payable

  • Coordinates the month end process for the accounting team; setting up folders, distributing reconciliation and JE lists, reviewing folder at end of month for sign off and completeness
  • Reconciles sub-ledger accounts to general ledger account balances, including AR, AP, Fixed Assets, and Prepaids
  • Prepares entries for month end closing related to general accounting
  • Prepares Depreciation and Fixed Asset transfers on a monthly basis
  • Sets up Fixed Assets in CMS
  • Prepares provincial sales tax HST
  • Completes monthly analysis of SGA expenses, GRNI, and capital spend
  • Prepares period end balance sheet, income statement, working capital analysis, intercompany out of balance, lease analysis, statistical files and other standard period end reports and analysis for review
  • Supports technical aspects of the day to day activities for accounts payable and accounts receivable team members
  • Loads cashflow forecast into Magna portal
  • Prepares monthly cheque run proposal for review and approval and loads Positive pay file
  • Enters approved capital request packages for submissions
  • Maintains and reconciles fixed asset schedules and database
  • Maintains monthly capital progress reports (MCS) & coordinates monthly review meetings
  • Responsible for annual archiving process
  • Assists with preparation of budgets / business plans / forecasts (balance sheet)
  • Oversees the completion of the year-end binders (CMF) and year-end Tax File
  • Conducts the yearly Fixed Assets count
  • Maintains work instructions
  • Follows and complies with all Operational Procedures and Policies as outlined in the Employee Handbook, Quality and Environment programs (i.e. TS16949, ISO14001)
  • Understands, promotes and lives by Magna’s philosophies and Employee Charter
  • Adheres to core values; integrity, respect, trust, honesty, fairness and loyalty
  • Performs other duties as required

About You

  • Minimum enrolled in a CPA designation
  • Minimum community college diploma in accounting or business
  • Minimum two (2) years general accounting experience in a manufacturing environment
  • Able to demonstrate leadership qualities
  • Financial reporting and analysis experience
  • Proficiency with Microsoft Office Applications
  • Experience with CMS or similar accounting system
  • Strong organizational and interpersonal skills
  • Strong attention to accuracy and detail
  • Understands GAAP
  • Ability to uphold confidentiality
  • Demonstrates the ability to work effectively in a team environment
  • Ability to work overtime to meet customer needs



How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #325754

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.


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General Accountant

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