Junior Accountant handling bookkeeping and accounts payable for an expanding global mobility platform. Supporting financial operations as the company enters new European markets.
About the role
- Revenue Accountant providing accounting guidance for various revenue streams at Volkswagen Group Canada. Ensuring proper revenue recognition of EV charging and infrastructure in accordance with accounting standards.
Responsibilities
- Review customer contracts and billings to ensure that revenue has been recognized in accordance with IFRS accounting standards (i.e. non-standard terms, multiple elements)
- Manage monthly revenue accounting including completion of billing requests and contract analysis
- Prepare monthly revenue recognition entries, and ensure that deferred revenue drawdown is accurate and monthly schedules are maintained
- Completion of revenue and deferred revenue reconciliations with prompt follow up and resolution of outstanding reconciling items
- Update and maintain the company’s revenue recognition policy as business processes and accounting standards evolve
- Develop, maintain, monitor and implement internal controls over financial reporting, and improvements to current revenue recognition methodologies and practices
- Support with complex analyses and accounting position papers related to sales transactions
- Responsible for documenting, monitoring and implementing new and existing processes as well as preparing detailed desk procedures for all role related tasks
- Facilitate process improvements by providing guidance and change management for stakeholders
- Collaborate with Controlling and Business to ensure effective and efficient processes are in place
- Work closely with IT department to ensure projects and system-driven processes are aligned with accounting objectives
- Responsible for supporting with audit inquiries from all external auditors, including effectively presenting relevant process walkthroughs
- Maintain and propose performance metrics and KPIs to drive informed decisions regarding resources and areas of focus
- Fulfill ad-hoc reporting requests to aid business decisions, and support Tax and other groups
- Assist with ad-hoc projects and preparation of financial presentations
Requirements
- Bachelor’s degree in Accounting/Finance or Business
- CPA Accounting Designation (CA, CMA, CGA)
- 3-5 years Progressive accounting experience, including financial analysis, financial reporting, project representation, financial statement preparation and account reconciliation
- Experience and exposure to IFRS guidelines
- Previous accounting experience with an audit firm is preferred
- 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
- Strong self-initiative to operate independently
- Must be a team player and willing to help out colleagues to achieve overall team goals
- 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)
Benefits
- Competitive salaries
- Fringe benefits
- Unique opportunities for personal and professional growth
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Location requirements
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