Role Description

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 and electric vehicle infrastructure in Canada and 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, the applicable Controlling group(s) and Group Accounting to align reporting objectives and assist with streamlining processes. This role is also required to work with different teams within VGCA Accounting Shared Services Centre and manage applicable external audit requirements. 

Salary range is dependent on factors such as industry-based experience, skills, training, credentials, and other qualifications. The salary range for this role is $90,000-95,000, actual pay may vary based on experience, education, and internal compensation practices.
This posting relates to an existing vacancy within our organization 

General Tasks within this Role

Reporting: 

• Responsible for planning and managing the monthly, quarterly and annual financial reporting requirements and processes including financial analysis, validation and submission of financial statements and reports, as well as additional notes & disclosures for financial reporting 
• Liaise with VW Group Accounting in Germany regarding monthly, quarterly, year-end reporting issues/ queries, technical accounting matters, completion of ad-hoc reporting documents as well as maintain communication with Group Accounting on any accounting changes to current or new processes 
• Maintain General Ledger and mapping table configurations and ensures integrity, accuracy and completeness of Financial Statements and Disclosures, as required 
• Responsible for ensuring that the accounting treatment of all accounting transactions are in accordance with IFRS and the VW Accounting Handbook; 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 
• 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.

Audit: 

• Manage financial statement audits for relevant in-scope entities by coordinating the list of audit deliverables, liaising with external auditors on significant accounting issues, and ensuring audit reporting timelines are met. 
• Maintain appropriate working papers and schedules as required by external auditors, as well as provide thorough explanations, analyses, and responses to audit queries. 
• Support internal audits as required for relevant entities and business areas

Collaboration: 

• Act as a liaison on Accounting topics to ensure cooperation and integration between VGCA Accounting Services and Controlling Teams. Develop relationships with key stakeholders to ensure efficiencies, synergies and knowledge sharing amongst the teams.
• Collaborate with the entity leadership team Controlling function to understand business needs and the overall activity in the financial statements, ensure business objectives are compliant with IFRS, and assist with Controlling’s reporting requirements through alignment of reporting for the respective systems.
• Support the corporate tax team with ad hoc requests needed to complete their filings. Prepare financial information, reports and disclosures provided to the Tax Department, facilitate processes required for tax provision bookings.
• Provide backup support to other Senior Accounting functions as required.

Internal Controls:

• Review and support Trial Balance review processes, including detailed fluctuation analysis with timely action as required , applying technical accounting and business/operation knowledge to ensure the integrity, accuracy and completeness of all GL accounts
• Develop and maintain documentation of processes, procedures and process maps within ICFR framework and responsible for documenting, implementing and monitoring new, existing and proposed processes and evaluating strengths and compliance for all internal controls
• Maintain and test internal control documentation (process narratives) as well as desk procedures for all core duties. 

Qualifications

• Bachelor’s Degree – Major in Accounting and/or related discipline 
• CPA designation or in final stages of obtaining the designation 
• 3+ years working in similar role
• Intermediate to advanced understanding of MS office (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 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