Accounting Analyst

Description Role Summary / Mission

This position ensures that corporate accounting related functions (transactions, entries, reporting and maintenance) for VW Credit and Subsidiaries are properly executed from both a transactional and systems basis, including, but not limited to the development of journal entries, establishment of general ledger accounts, updating of all financial statements with new accounts. Using US and Canadian Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards and VW Group Accounting Handbook prepare all journal entries required to record all activities for the Company, and run and balance all financial reports. Support yearend financial processes, internal and external audit requirements, and contribute to accounting related process improvements as they arise.


Role Responsibilities

• Ensure timely and accurate reporting of financial information for VW Credit, Inc in compliance with all required accounting standards.
• Analyze and reconcile assigned general ledger accounts on a monthly basis. Make necessary corrections and consultations with other departments. Maintain appropriate supporting schedules and work papers.

Complete month-end closing process for VCI and subsidiaries:
• Prepare and process monthly journal entries for US, Canadian and IAS purposes
• Prepare and review month-end schedules
• Review month-end schedules developed and submitted by other departments
• Review month-end journal entries developed by others
• Review all required system financial reports for accuracy and balancing, making necessary corrections as appropriate
• Recommend adjustment entries to financial reports (statements) as necessary based on self analysis and analysis from Accounting Team Leader and Controlling Department
• Assist with preparation of monthly Group Financial (KOLIBRI / VOKUS) files, balance, validate, and transmit to VW-FS with support from Accounting Team Leader
• Review daily accounting for treasury and cash receipt/disbursement activity
• Review outstanding items pertaining to bank reconciliations
• Research and resolve outstanding issues with VCI’s Remarketing Department, Wholesale, Special Collections, and other departments as required
• Assist in the development and maintenance of financial controls procedures for financial reporting under GAAP and IFRS guidelines

Complete annual closing process for VCI and subsidiaries:
• Support internal and external audits with regards to control testing, account verifications, external confirmations, and other related projects.
• Support preparation of yearend GAAP / IFRS financial statements and lead schedules for external auditors.
• Support preparation of all required accounting disclosures and accounting schedules for VWAG and VWAG.
• Prepare yearend guidelines and reports based on financial data for VWAG and VWFS.
• Support preparation of annual balance roll-forward for all necessary accounts in Oracle and the VOKUS / KOLIBRI or other Group reporting systems.
• Support the maintenance of all Oracle financial reports (establish and point new accounts)

Complete as required:
• Accounting schedules and analysis of general ledger accounts
• Analysis of cost centers
• Analysis of general ledger accounts
• Analysis of paid invoices


Performance Metrics

• Creation of accurate and timely journal entries
• Accurate and timely accounting analysis and validation of financial statements
• PMP objectives are set based on role responsibilities
• Professional and positive attitude in a team-oriented atmosphere

Requirements Formal Education or Equivalent:

Bachelor’s Degree with Major in Accounting or Finance

Experience:
• 3 – 5 years professional accounting and financial analysis experience
• 2 – 3 years financial reporting experience
• 2 – 3 years financial services or consumer finance experience
• 2 – 3 years enterprise software experience (Oracle or SAP), and personal computer financial application knowledge and experience

Desired Qualification

CPA designation

Competencies:
• Supports Continuous Improvements
• Aligns Needs with Solutions
• Builds and Sustains Relationships
• Communicates Effectively
• Listens Actively
• Shows Commitment to Quality
• Plans and Organizes
• Prioritizes
• Gathers Information
• Demonstrates Self-Improvement Orientation
• Exhibits Self-Confidence
• Takes Initiative
• Accomplishes Goals
• Analyzes Critical Data
• Uses Computer / Technical Systems
• Demonstrates Commitment
• Behaves Flexibly
• Multi-tasks
• Analyzes Problems
• Makes Sound Decisions
• Maintains Focus
• Displays Professional Integrity


We are proud to be an EEO employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.