Revenue Accountant

It’s more than a Career, it’s a Passion We love our cars, but it’s the people behind them who make them what they are. To build great cars, we need great people. That’s why Volkswagen Group Canada pays competitive salaries, offers fringe benefits, and provides unique opportunities for personal and professional growth. We encourage and reward initiative, creativity, teamwork and performance within a fast-paced, stimulating environment. And did we mention that there are really cool Volkswagen and Audi vehicles all over the place? The VGCA Accounting Shared Services Centre provides essential back office accounting functions for General Ledger, Inventory, Accounts Receivable and Affiliates, Accounts Payable and Fixed Assets for multiple VW Group Companies including Volkswagen, Audi, Bentley, Lamborghini, Chattanooga factory production, and electric vehicle infrastructure in Canada as well as in the United States. Electrify America operates an electric vehicle DC fast charging network in the United States, with more than 600 charging locations. Electrify America’s goal is to promote greater Zero-Emission Vehicle (ZEV) adoption by offering an ultrafast and convenient charging network. Electrify America is also committed to building education and awareness of zero-emission vehicles through brand-neutral outreach, discover-and-drive events, and other marketing approaches. The Revenue Accountant – EV infrastructure is responsible for providing accounting guidance to ensure proper revenue recognition of various revenue streams (Electrify DCFC charging, Electrify Home and Electrify Commercial) in accordance with the applicable accounting standards and all accounting processes are properly supported and documented. Due to the startup nature of this company, you will work to define and establish processes and controls for new revenue transactions to ensure integrity and accuracy of the financial data. This role is classified as 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) Employees who perform accounting and associated tasks, work on financial statements, and ensure their quality. In addition, customer and vendor payment transactions are processed. Possible Tasks within this Role Qualification requirements Skills Communication Skills Analytical Thinking Working Diligently Accounting Quality Assurance (QA) Double-entry Bookkeeping Evaluation Skills Monitoring Accounting Software 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. Job ID: 19038 Location: Ajax, ON, CA, L1S 7G7 Department: Finance and Controlling Working Model: Full-time Contract Type: Unlimited Remote Working: According to company policy By clicking "Apply now" I consent to share my name and email with VWAG entities around the world You consent to share your personal information for the following purposes: Applying for jobs, whether in Canada or internationally; Determining your eligibility for employment with[VWFS and VGCA]; Providing you with information about training, learning, or other development and employment opportunities. __ Your information may be transferred within Canada, including outside of Quebec, and/or outside of Canada. You have the right to access your personal information and to request correction or deletion of your personal information, and data portability as per applicable Canadian laws. 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