Volkswagen Group Canada Inc. Looking for Accounting Manager at Greater Toronto Area, Canada Full Time

We love our cars, but it’s the people behind them who make them what they are. To build great cars, we need great people. That’s why Volkswagen Group Canada pays competitive salaries, offers fringe benefits, and provides unique opportunities for personal and professional growth. We encourage and reward initiative, creativity, teamwork and performance within a fast-paced, stimulating environment. And did we mention that there are really cool Volkswagen and Audi vehicles all over the place?

We are currently looking for an Accounting Manager at our Corporate Offices in Ajax, ON

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, factory production, and electric vehicle infrastructure.

The Accounting Manager leads the professional personnel of the Vehicle & Parts Accounting within VGCA Accounting Shared Services, supporting Volkswagen Group of America (VWGoA) and Volkswagen Group Canada (VGCA) and its subsidiaries.

This role provides technical accounting guidance to help ensure the companies’ financial accounting functions in areas of responsibility comply with accounting standards, and accounting processes are well supported and sufficiently documented from an internal controls perspective. In support of these teams, this role must also facilitate collaboration with the various IT departments and ensure each team receives appropriate systems support.

This leader provides coaching and guidance to roles ranging from administrative to accountants. Leads a team of 14 team members from Specialists, Analysts and Accountants including the Office Services staff.

• This is a flex hybrid model, requiring 2 days in the Ajax office**

Primary Responsibilities

• Establish and negotiate specific performance objectives for each individual team member and ensure alignment to Accounting Services’ corporate objectives.
• Negotiate and agree on a Performance Management Plan for team members and ensure timely discussions.
• Monitor teams’ performance versus established departmental and individual role metrics and take corrective action where necessary.
• Provide technical accounting guidance to help ensure the company’s financial accounting functions in areas of responsibility comply with accounting standards. Ensure accounting processes are properly and adequately supported and documented.
• Ensure all entries originating within areas of responsibility are in compliance with IFRS and Group guidelines.
• Ensure the accurate invoicing of all products and services and the payment of parts invoices adhere to established terms of sale and corporate objectives, policies and procedures.
• Research and resolve escalated vendor and employee inquiries regarding problem invoices, always striving for good supplier relations and timely issue resolution
• Conduct meetings as required to discuss and resolve accounting issues, process improvements and identify risks proposing solutions and escalating as appropriate.
• Responsible to ensure successful annual inventory counts for vehicles and parts, inventory count instructions, review of reconciliation of physical inventory to General Ledger accounts. Liaise with appropriate parties to ensure completeness of yearly Group and Audit requirements for areas of responsibility.
• Develop, monitor, and support processes to compensate for open issues and develop solutions by working closely with other departments.
• Support the MCO Clerk/ Office Support Supervisor in ensuring that all MCOs are managed appropriately and in a timely manner
• Oversee the Office Support Services department, ensuring that all required functions are met
• Ensure all areas of process maps, narratives, control matrices and desk procedures are prepared, updated, tested, and maintained, and ensure relevant internal controls are adhered to by team members.
• Ensure ICFR related narratives, matrices and process maps are current and complete.
• Review and report required monthly inventory schedules and fluctuations.
• Review all balance sheet reconciliations, parts vendor reconciliations and their aging on a monthly/quarterly basis.
• Responsible for the hiring and on-boarding of new staff.
• All other duties as required.

Qualifications

• Bachelor’s Degree in Finance is required, CPA designation is a very strong asset
• 5+ years of relevant experience, working in professional office environment
• 1+ years of supervisory experience
• Well-developed leadership and interpersonal skills
• Thorough knowledge of functional accounting methods and application of IFRS.
• Highly advanced knowledge of MS Office, especially Excel and PowerPoint.
• Excellent communication skills – 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.
• Works well under strict deadlines with a strong attention to detail
• Strong business acumen – understanding of large, complex organizations and ability to interact with all levels of an organization.
• Travel up to 15%

What You’ll Get In Return

• A flexible and collaborative team dynamic
• Opportunities for development
• Opportunities to participate in exciting company events that give back to the community
• Competitive employer paid benefits and overall compensation package
• And much more!

Interested applicants are asked to submit their application by November 24, 2023

• Please note that we appreciate the interest of all candidates, however only those under consideration will be contacted.

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, or local laws.

Volkswagen Group Canada Inc. is committed to providing accommodations for people with disabilities including during the application process. If you require an accommodation because of a disability, we will work with you to determine what reasonable accommodation may be available to meet your needs whether it be as an applicant or an employee. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Recruiter who will consult with you to determine an appropriate and reasonable accommodation