Revenue Accountant

3 weeks ago


Ajax, Canada Volkswagen Group Canada Inc. Full time

Revenue Accountant – EV Infrastructure at Volkswagen Group Canada Inc. Join Volkswagen Group Canada Inc. as a Revenue Accountant for the EV infrastructure business, supporting Electrify America’s charging network. The role is hybrid. 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. Qualifications 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. 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). 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. #J-18808-Ljbffr



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