Volkswagen Group Canada Inc. Looking for Accounts Receivable Manager at Ajax, Ontario, 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 Accounts Receivable Manager at our Corporate Offices in Ajax, ON

The Accounts Receivable Manager is responsible for leading a team of 11 individuals including specialists & analysts in the VGCA Accounting Shared Service Centre for activities related to Accounts Receivable. The VGCA Accounting Shared Services Centre provides essential back-office accounting functions for multiple VW Group Companies including Volkswagen, Audi, Bentley, Lamborghini, ADMT, CARIAD, Factory Production, and Electric Vehicle Infrastructure. This includes accurate and timely processing of affiliate supplier invoices, affiliate and customer billings, customer master maintenance, collections including all drafting, aging and affiliate account reconciliations, in accordance with corporate policies and procedures effectively and efficiently for the Volkswagen Group Canada accounting shared service.

The Accounts Receivable Manager supports with various audits, providing accounts receivable audit requirements and analysis for various external and internal audits (quarterly, year-end, group audits).

This is a flex hybrid model, requiring a minimum of 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.
• Responsible for the hiring and on-boarding of new staff.
• 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 standards.
• Conduct meetings as required to discuss and resolve accounting issues, process improvements and identify risks proposing solutions and escalating as appropriate.
• Research and resolve escalated customer and employee inquiries regarding problem billings and invoices, always striving for good customer relations and timely issue resolution
• Review all balance sheet reconciliations, vendor reconciliations and their aging on a monthly/quarterly basis.
• Follow up on and escalate aged sub ledger and claims pending receivables, ensuring that all 90 day receivable balances are zero or minimal
• Follow up on and escalate aged in transit receivables and payables, ensuring that all 90 day balances are zero or minimal
• Develop, monitor, and support processes to compensate for open issues and develop solutions by working closely with other departments.
• Ensure all areas of Accounts Receivable 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.
• 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 to submit their application by January 5, 2024. Note, the talent acquisition team may be reviewing candidate profiles as they are submitted prior to the VGCA holiday shutdown but interviews may not be scheduled until early in the New Year. Happy Holidays!

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