Asset Management and Lease Accountant

2 weeks ago


Ajax, Ontario, Canada Volkswagen Group of America Full time
About Us:

Volkswagen Group Canada Inc. is a leading automotive manufacturer with a diverse range of products and services. We are committed to providing exceptional customer service and building long-lasting relationships with our clients. Our team is dedicated to excellence in every aspect of our business, from sales and marketing to finance and accounting.

We are currently seeking an experienced Fixed Asset and Lease Accountant to join our team. As a key member of our Accounting Shared Services Centre, you will be responsible for ensuring the accurate and timely accounting of fixed assets and leases in accordance with IFRS 16. Your duties will include reviewing all new fixed asset requests for compliance, creating fixed asset accounts, and monitoring for correct capital spending. Additionally, you will analyze construction-in-progress (CIP)/asset-under-construction (AUC) projects for compliance and capitalize completed projects in accordance with the VW IFRS Accounting Handbook.

You will work closely with the Controlling, Business, and Legal teams to ensure the complete and accurate reporting of leased property in accordance with IFRS 16. Your responsibilities will include:
  • Reviewing lease abstracts and maintaining an updated file of abstracts for reference and audit purposes.
  • Ensuring that lease contracts have been correctly entered into the Group systems (GLC) to ensure accurate postings of financials are reflected in the ledger and included in the ultimate reporting to Germany.
  • Coordinating with the property management company regarding all property projects and leases to capture complete and accurate property detail.
  • Maintaining records of IFRS16 leases in Group System (GLC) and running monthly entries.

Benefits:

We offer a competitive salary and benefits package, including medical, dental, and vision coverage, as well as a generous retirement savings plan. You will also have access to ongoing training and professional development opportunities, as well as the chance to work with a dynamic and supportive team. If you are a detail-oriented individual who is passionate about accounting and has excellent communication skills, we encourage you to apply for this exciting opportunity.

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