Volkswagen Group Canada Inc. Looking for Financial Accountant (Inventory) at Ajax, Ontario, Canada Full Time

We love our cars, but it’s the people behind them who make them what they are. To market, sell, and service great cars, we need great people. That’s why at Volkswagen Group Canada, we are passionate about our cars and our brand and foster this same passion and drive in our people. We know that the right people in the right positions can do incredible things, and we love making that happen.

We are currently looking for a Financial Accountant (Inventory) at our Corporate Offices in Ajax, ON

This position is for an accountant with proven experience in financial accounting, looking to progress their career in the automotive industry. The individual must understand importance of preparing timely, accurate and relevant financial information for diverse stakeholders and being a trusted accounting partner to controlling and other business units. This role will also ensure the financial integrity of the Parts balance sheet, profit and loss statement and underlying general ledger accounts, utilizing best practices around account reconciliations, variance analysis and reporting to deliver accurate financial results.

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

Primary Responsibilities

• Review parts sales, cost of sales, margins, inventory and other related accounts ensuring proper accounting activity and adherence to IFRS accounting standards
• Responsible for accounting functions related to the parts accounting system and ensuring such activity is properly reflected in general ledger
• Prepare account reconciliations for all Parts related balance sheet accounts, including provision accounts
• Reconcile sales and cost of sales units in general ledger and correct all discrepancies prior to the final general ledger closing for the month
• Analyze balance sheet and income statement account fluctuation analysis for Parts accounting in support of monthly financial review meetings
• Co-ordinate monthly closing activities for Parts accounting ensuring adherence with established timetables
• Review system reports for accuracy and completeness, process corrections and contact other departments concerning any issues
• Support system testing and maintenance activities for SAP FI/CO and SAP ET2000
• Responsible for documenting, implementing and monitoring new, existing and proposed processes as well as preparing detailed desk procedures for all role related tasks
• Responsible to support with audit inquiries from all external auditors
• Capable to effectively present process walkthroughs to external auditors
• Maintains and proposes performance metrics and KPIs to drive informed decisions regarding resources and areas of focus
• Support and leads ad-hoc projects and preparation of financial presentations
• Fulfill ad-hoc reporting requests to aid business decisions, and support Tax and other groups
• Bachelor’s degree in Accounting/Finance or Business
• CPA Accounting Designation (working towards completion) (CA, CMA, CGA)
• 5 + years or more of related accounting experience. Previous Parts accounting and/or automotive experience an asset.
• Progressive accounting experience, including financial analysis, financial reporting, project representation, financial statement preparation and account reconciliation. Experience and exposure to IFRS guidelines.
• Strong leadership skills, with the ability to provide positive and constructive feedback
• Strong working knowledge of IFRS accounting principles, practices and their application.
• 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.
• Ability to manage multiple priorities effectively and act with a strong sense of urgency
• Strong self-initiative to operate independently
• Must be a team player and willing to help out colleagues to achieve overall team goals
• Excellent attention to detail and accuracy
• Strong problem-solving skills and motivation to improve processes
• Strong computer literacy skills with Microsoft Office and advanced level Excel skill (pivots, v-lookups, and advanced formulas)
• Working knowledge of SAP is considered an asset

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, pension and overall compensation package
• And much more

Interested applicants are asked to submit their application by December 8, 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