Mgr, Technical Accounting

Role Summary:

We are seeking an experienced Technical Accounting Manager. In this position, you will provide technical accounting guidance and resolve accounting issues on significant standard and non-standard transactions, implement new accounting standards, and monitor existing accounting policies for VWFS US and its subsidiaries under International Financial Reporting Standards (IFRS) and the VW Group Accounting Handbook.

In this role, you will be responsible for establishing and maintaining strong business partnerships to promote teamwork and organizational alignment, while also managing the resolution of complex accounting issues. You will primarily work in a small team capacity, while also influencing and leading others that do not directly report to you.

Role Responsibilities:

40% Technical Accounting Guidance

Provide strategic accounting guidance to management, assisting in the evaluation and due diligence involved in acquisitions, new products, and other business development opportunities.

Provide technical training to accounting team and other areas of the company impacted by changes in policy or process. Serve as a company-wide technical accounting resource for ad-hoc questions.

Proactively research, discuss and document complex technical accounting and reporting matters, monitor pending changes in technical guidance, analyze the potential impact on the company and prepare reports, memos, and presentations.

Supervise and support implementation projects for adoption of new accounting standards, new business units, and new products.

Ensure appropriate documentation of accounting treatment of complex and highly judgmental areas, including analysis, relevant literature and conclusions.

Drive the creation/process to write, publish, and maintain an up-to-date library of accounting policies, documentation of resolution of accounting issues, transactions and inquiries received from various areas of the company.

40% Highly Complex Financial Reporting

Direct the financial reporting internal control process and documentation, enhancing the standard of control on an ongoing basis and ensuring compliance with processes.

Interact and consult with external auditors to defend the Company’s accounting positions and to provide for an efficient audit process.

Coordinate the preparation of external financial statements and prepare the related notes and disclosures ensuring compliance with IFRS.

Continuously monitor, document and communicate the development of new IFRS accounting standards, interpretations and emerging guidance, including current and future impact on the company.

Develop and assist with the preparation or guidance of non-routine accounting entries such as:

impairment,

investments and joint ventures,

consolidation of equity method entities,

acquisitions, valuations and purchase accounting,

derivative accounting and fair value accounting

20% Segregation of Duties

Review, develop, administer, and direct the company’s segregation of duties policies

Coordinate between IT and business units to ensure risks are mitigated from a financial standpoint

Head working group and report quarterly to the Sr. Director of Financial Reporting

Experience:

12+ years of relevant work experience

Public accounting experience required, senior manager level is desired

Progressive roles within Accounting and/or Financial Reporting

4-6 years financial services or consumer finance

Education:

Required –

Bachelor’s Degree in Accounting or Finance

CPA (active)

Desired –

Master’s Degree in Accounting or Finance

General Skills:

Significant business and/or financial acumen

Strong planning, project management, analytical skills and technical writing

Comfortable working in a fast-paced corporate environment

Problem solving, logic skills, and ability to work independently

Excellent leadership, assertiveness, influencing, and negotiation skills

Solid organizational skills with ability to effectively manage multiple priorities

Ability to work cooperatively and collaboratively with all levels of employees and management

Demonstrated knowledge and ability in researching and documenting new accounting guidance and the accounting treatment of issues

Strong skills in Microsoft Office applications

Specialized Skills:

Required –

Strong understanding of accounting standards, preferably IFRS, and financial reporting principles

Strong communications skills - interpersonal, presentation, and written are necessary

Ability to communicate with others on important, complex, and non-routine issues

Working knowledge of internal controls, business processes, and experience in developing accounting policies

Desired –

Knowledge of the German Language

Understanding of accounting for financial services products (Finance Lease, Operating Lease, Retail financing) under IFRS

Understanding of accounting for insurance products

Understanding of basic concept of residual value risk and credit risk

Work Flexibility:

Light travel may be required.

Volkswagen Group of America is an Equal Opportunity Employer. We welcome and encourage applicants from all backgrounds, and do not discriminate based on race, sex, age, disability, sexual orientation, national origin, religion, color, gender identity/expression, marital status, veteran status, or any other characteristics protected by applicable laws. We maintain a drug-free workplace and perform pre-employment substance abuse testing.