Senior Accountant Senior Accountant Senior Accountant - Ajax

It's more than just a career; it's a passion. While we love our vehicles, we recognize that it's the people behind them who truly make them exceptional. We cherish our open and speak-up culture, embrace our commitment to social responsibility, celebrate diversity, innovate boldly ...

Job description

It's more than just a career; it's a passion. While we love our vehicles, we recognize that it's the people behind them who truly make them exceptional. We cherish our open and speak-up culture, embrace our commitment to social responsibility, celebrate diversity, innovate boldly, take pride in what we do, and thrive together as a team.

At Volkswagen Group Canada, Inc. we value initiative, creativity, teamwork, and high performance within a dynamic and engaging environment. Our shared goal across all departments and brands is to uphold superior standards and provide a consistent, outstanding brand experience.

Why Join Us?

•    Competitive compensation and comprehensive benefits

•    Opportunities for growth and development

•    A flexible, collaborative work culture

•    The chance to work with innovative Volkswagen and Audi vehicles

Bring your passion and ideas to a team that's shaping the future of mobility. Apply today and drive your career forward with Volkswagen Group Canada, Inc.

Position Overview

The VGCA Accounting Shared Services Centre provides essential back-office accounting functions for General Ledger, Inventory, Accounts Receivable and Affiliates, Accounts Payable and Fixed Assets for multiple VW Group Companies including Volkswagen, Audi, Bentley, Lamborghini, Chattanooga factory production, electric vehicle infrastructure and automotive software and technology in Canada as well as in the United States. 

The Senior Accountant is responsible for the overall integrity and timely preparation of monthly, quarterly, and annual financial statements, as well as additional financial reporting and disclosures as required by the parent company, VW AG.  The Senior Accountant supports the integrity of relevant internal controls by certifying all GL activities are prepared, processed, edited and posted based on proper documentation, timely and efficiently.  The role manages the month-end close process to ensure the accurate and timely posting of general ledger entries and the proper IFRS accounting treatment of all transactions.  This individual works closely with the business as well as Group Accounting to align reporting objectives and assist with streamlining local processes.  This role is also required to work closely and align with the other Senior Accountants (responsible for different entities) and manage any applicable external or internal audit requirements. 

Reporting into the Manager, Technical Accounting and Reporting, this individual will work closely with Volkswagen Group America Treasury and Group Accounting in Wolfsburg to align reporting objectives. This role is also required to manage related external audit requirements for its in-scope entities.  

Key Responsibilities

• Support in the process of monthly, quarterly and annual accounting close, including preparing and booking of journal entries, monthly reporting requirements, and financial analysis 
• Monthly reporting file submission and validation to VWAG financial reporting system, by the reporting deadlines, which includes obtaining correct and timely information and schedules 
• Liaise with VW AG Group Accounting regarding monthly, quarterly and year-end reporting issues and queries as they arise, technical accounting matters, as well as completion of ad-hoc reporting items throughout the year 
• Co-ordinate appropriate and timely responses to special requests for information and reports from VWAG  
• Research and analyze IFRS accounting issues, offer sound accounting advice to the business, and prepare thorough IFRS Position Papers for internal use and for external auditors (when required) 
• Assess the impact of upcoming changes in new IFRS standards relevant to area of responsibility. Align processes/systems/people accordingly 
• Document all local accounting treatment changes and communicate with VW AG Group Accounting to ensure compliance with Group guidelines 
• Responsible for ensuring that the accounting treatment of all transactions are in accordance with IFRS and the VW Accounting Handbook 
• Maintain communication with VW AG Group Accounting in Germany on any accounting changes to current or new processes 
• Collaborates with the entity leadership team to understand business needs and the overall activity in the financial statements, ensure business objectives are compliant with IFRS, and assist with reporting requirements through alignment of reporting for the respective systems. 
• Responsible for documenting, implementing and monitoring new, existing and proposed processes as well as preparing detailed desk procedures for all role related tasks. 
• Completion of general ledger & sub-ledger account reconciliations with prompt follow up and resolution of outstanding reconciling items. 
• When required, manage financial statement audits by coordinating the list of audit deliverables, liaising with external auditors on significant accounting issues, and ensuring audit reporting timelines are met. 
• Review and support flux preparation and analysis. 
• Support the corporate tax team with ad hoc requests needed to complete their filings.  
• Support in the implementation of additional information systems as required during the startup phase. 
• Co-ordinate with VWAG Group Accounting in the implementation of reporting system upgrades and changes.  
• Support all relevant functions within accounting services (such as accounts payable and affiliate accounting); determining how each area's unique issues impact financial reporting and as special requirements are needed 
• Preparation of year-end stand-alone financial statements in accordance with IFRS including note disclosures by the prescribed deadlines.   
• Maintain appropriate working papers and schedules as required by external auditors, as well as provide thorough explanations, analyses, and responses to audit queries. 
• Maintain and test internal control documentation (process narrative/map, control matrixes) as well as desk procedures for all core duties.  

Qualifications

Formal Education:

• University and/or college degree in finance/accounting or related discipline 
• Completed or working towards a CPA designation considered an asset 
• Master's degree considered an asset 

Experience:

• 3+ years experience in a finance or accounting related discipline 

Skills and Competencies:

• Intermediate to advanced understanding of MS Suite (Outlook, Excel, Word, PowerPoint) 
• Written, oral and presentation to document, articulate and convey functions and processes 
• Analytical skills – ability to dissect complex accounting and financial processes and identify risks and process improvements 
• Excellent organizational skills 
• Works well under daily and monthly deadlines 
• Ability to respond quickly to a changing environment 
• Team player and customer focused 
• Strong business acumen – understanding of large complex organizations and ability to interact with all levels of an organization 
• Experience and exposure with IFRS and development/review of full financial statements including notes 
• Experience with issuance and accounting for bonds and other financial instruments including derivatives (commercial paper, cross-currency swaps, interest rate swaps etc.) 
• Completed or progress towards CPA designation 
• Assets: working knowledge of SAP 

Salary range is dependent on factors such as industry-based experience, skills, training, credentials, and other qualifications. The salary range for this role is $75,000-80,000, actual pay may vary based on experience, education, and internal compensation practices.
This posting relates to an existing vacancy within our organization .

Why You'll Love Working Here
Full-time employees of Volkswagen Group Canada, Inc. enjoy these benefits:

•    Health Insurance Coverage: We offer comprehensive health, dental, and vision insurance, including a flexible plan to ensure employees and their families have access to quality healthcare tailored to their needs.

•    Health Spending Account: Extra support for your wellness needs. 

•    Retirement Plans & Savings: We offer a competitive defined contribution retirement plan and a generous savings match to help employees prepare for their future.

•    Compensation: We recognize individual contributions and share company success through our Bonus & Merit Program, fostering a pay-for-performance culture.

•    Vehicle Leasing and Purchase Programs: Employees and eligible family members can lease up to four vehicles annually at discounted rates, providing convenience and cost savings.

•    Work Environment: Our facility inspires creativity and productivity, fostering an empowering hybrid work environment (where applicable) allowing employees can perform at their best.

•    Personal Days: We value work-life balance and offer personal days for your discretion, whether for personal reasons, recharging, or celebrating important holidays or events.

•    Volunteer Days: These days allow employees to support meaningful charities aligned with our values and social responsibility.

•    Company Designated Holidays: We recognize the importance of celebrating the holiday season with our team. Therefore, we reserve specific company holidays in December to ensure employees can enjoy the festivities.

•    Wellness Programs: We prioritize our employees' holistic well-being through initiatives like discounted gym memberships and mental health resources to support physical, mental, and emotional health.

•    Tuition Reimbursement: Part of our commitment to employee growth, this benefit covers approved course expenses to support ongoing education and long-term career development.

Please note that we appreciate the interest of all candidates, however only those under consideration will be contacted. Volkswagen Group Canada uses AI tools integrated with our applicant tracking system to screen applications for validity and completeness.

Volkswagen Group Canada Inc. is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability or any other characteristic protected by federal, provincial, or local laws.

Volkswagen Group Canada Inc. is committed to accessibility and inclusive hiring under. We welcome and support applicants with disabilities through every stage of the recruitment process. If you require an accommodation at any point—such as for an interview, assessment, or application—please notify your recruiter or email us in advance at We'll work with you to arrange reasonable accommodation to meet your needs.