Manager, Technical Accounting & Reporting

Volkswagen AG•Ajax, ON

6d•CA$110,000 - CA$125,000•Hybrid

About The Position

The Manager, Technical Accounting and Reporting is responsible for management of the financial accounting and reporting functions within the VGCA Accounting Shared Services. The role must ensure the integrity, accuracy and timeliness of financial statements prepared in accordance with International Financial Reporting Standards (IFRS), as well as the analysis of information to ensure appropriate business decision making and corporate steering. The incumbent leads the team by coaching, guiding and measuring the team members towards the achievement of established objectives. The Manager, Technical Accounting and Reporting oversees and coordinates various audits, providing audit requirements and analysis for both external and internal audits (quarterly, year-end, group audits). Additional responsibilities include ownership and execution of various projects coming from business initiatives and IT requirements.

Requirements

Bachelor’s Degree- Major in Accounting
Accounting Designation (CPA, CA) is a must with substantial experience with IFRS and audit.
5+ years of Relevant Technical Experience
3+ years of Leadership Experience
Well-developed leadership and interpersonal skills
Thorough knowledge of functional accounting methods and application of IFRS
Customer focused – identifies and demonstrates sensitivity to and understanding of customer needs without sacrificing process and system consistency and adherence to financial standards. Actively builds relationship of trust and seeks customer feedback to improve service with customers.
Highly advanced knowledge of MS Office, especially Excel and PowerPoint.
Working knowledge of SAP.
Strong business acumen – understanding of large, complex organizations and ability to interact with all levels of an organization.

Nice To Haves

German language an asset

Responsibilities

Provide technical accounting oversight and guidance to the team for complex topics to ensure controlling and financial accounting functions comply with IFRS and the VW Accounting Handbook, and accounting processes in critical areas are appropriately and adequately supported and documented.
Review position papers in support of accounting treatment for complex contracts and arrangements as required.
Manage the rollout of new requirements from Group Accounting as they pertain to financial reporting for in-scope entities within the team, ensuring thorough analyses and understanding of all changes
Oversee and review the monthly, quarterly, and annual internal financial statements of the designated companies as well as disclosure notes preparation, ensuring submissions adhere to prescribed deadlines and follow appropriate IFRS accounting treatments.
Oversee the monthly close processes for in-scope entities including manual journal entry review/approval and oversee the development and preparation of monthly financial results review reporting, as well as presentations to Management with supporting variance analysis and explanations.
Support and review standalone financial statement preparation and final submission for relevant entities
Lead and develop a team of 6 direct reports through active coaching, timely discussions and measuring individuals against role metrics and specific performance objectives.
Foster continuous growth of team members through alignment of career paths and succession planning.
Maintain and propose performance metrics and KPIs to drive informed decisions regarding resources and areas of focus.
Cascade departmental projects and objectives to direct reports as appropriate, including delegation of deliverables and ensuring high quality work, thus leading to the overall successful achievement of such items
Provide escalation support to team members for ad-hoc topics
Main point of contact for external auditors across all in-scope entities.
Oversee financial analysis and support to external auditors during annual audit and interim reviews. Provide analysis and support to internal audit as required.
Lead discussions and oversee the progression of the audit, coordination of deliverables by the team(s), actively following up on outstanding items and status, and steering towards successful completion.
Manage technical accounting topics that require escalation and actively support the resolution according to IFRS, and the appropriate and thorough documentation thereof
Develop and maintain robust internal controls over financial reporting (ICFR) across relevant functional areas, including overseeing the team updates of detailed narratives.
Oversee annual ICFR updates and testing
Driving process improvements and efficiencies for direct report roles
Coordinate monthly and year-end timetables with team and other relevant parties to ensure parent, audit and tax requirements are met completely, accurately and on time.
Build and maintain good working relationships with VWAG Group Accounting including liaising on Group Accounting Guidelines, reporting requirements, and technical accounting and IFRS interpretations.
Maintain positive working relationships with external audit teams
Liaise with Tax and external consultants on tax matters.
Lead and/or assist with ad-hoc projects and preparation of financial presentations
Support the Senior Manager, Financial Reporting with ad-hoc initiatives 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.