Accounting AP Affiliate Analyst(f/m/d) Accounting AP Affiliate Analyst(f/m/d) Accounting AP Affiliate Analyst(f/m/d)

Volkswagen AG•Ajax, ON

1d•Hybrid

About The Position

The Affiliate Analyst supports Volkswagen Group Canada’s Accounting Shared Services organization by managing end-to-end intercompany (affiliate) accounting activities. This includes Accounts Payable invoice processing, reconciliations, settlements, analysis, and reporting. The role ensures accurate financial reporting, timely settlement of affiliate balances, and compliance with Group accounting policies, internal controls, and audit requirements. Employees who perform accounting and associated tasks, work on financial statements, and ensure their quality. In addition, customer and vendor payment transactions are processed.

Requirements

College Diploma and/or University Degree in Accounting or related area of study
5+ years of professional accounting experience
Strong accounting and reconciliation skills; ability to manage large and complex accounts
Strong analytical skills
Excellent attention to detail and ability to work under pressure
Ability to self-prioritize and manage high-volume transactional workloads
Strong organizational and time management skills
Strong communication and customer service skills
Proficiency in Microsoft Excel

Nice To Haves

Experience with SAP
Proficiency in the German and/or French language

Responsibilities

Act as a key point of contact for affiliate-related inquiries from internal stakeholders and affiliate companies.
Partner closely with Controlling, Treasury, Tax, Inventory Accounting, Purchasing, Logistics, and Quality teams to resolve intercompany issues.
Maintain, reconcile, and settle assigned affiliate Accounts Payable balances in line with segregation-of-duties requirements.
Prepare affiliate reconciliations based on statements received and resolve discrepancies.
Finalize balance confirmations for assigned affiliates and investigate variances.
Prepare and submit monthly and quarterly affiliate settlements in line with defined payment terms and month-end deadlines.
Prepare weekly settlements for vehicle, parts, and miscellaneous affiliate activity.
Create and maintain annual affiliate payment schedules; ensure timely and accurate payments.
Reconcile invoices to SAP goods receipts and supporting documentation.
Identify, investigate, and resolve price, quantity, quality, or timing discrepancies in collaboration with Controlling, Logistics, Purchasing, and Quality.
Prepare and post monthly affiliate accruals, in-transit entries, and miscellaneous journal entries.
Perform monthly flux analysis and intercompany activity reviews to support accurate consolidation.
Analyze intercompany balances to ensure integrity of financial reporting.
Prepare monthly, quarterly, annual, and ad hoc affiliate reports, including warranty settlements, FX analysis, and intercompany activity summaries.
Support Treasury with weekly and monthly liquidity planning inputs.
Support Tax with quarterly and annual reporting requirements.
Maintain affiliate accounting documentation, including ICFR controls, process maps, narratives, and desk procedures.
Respond to internal and external audit requests (e.g., EY), providing required analysis, walkthroughs, confirmations, and samples within defined timelines.
Provide additional analysis and reporting as required.

Benefits

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
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.