Accounting Specialist - FIS - NAR

Volkswagen Group of America
United States, Illinois, Libertyville
Aug 26, 2024
Primary Location - United States-Illinois-Libertyville Description Job Summary This is a senior accountant role. This position ensures that corporate accounting related functions (transactions, entries, reporting and maintenance) for VWFS are properly executed, including, but not limited to the enhancement of internal controls and key control documentation. According to International Financial Reporting Standards (IFRS) and VW Group Accounting Handbook support month-end/year-end financial processes, internal and external audit requirements, and contribute to accounting related process improvements as they arise Job Responsibilities Lead the development and maintenance of GL PARMS and Defect resolution associated with FIS AutoSuite system * Document and test key controls and interfaces of FIS and Oracle * Ensure timely identification and documentation and subsequent resolution of FIS and FIS/Oracle defects * Maintain all Oracle accounts related to FIS subledger transactions working closely with Herndon Financial Reporting to ensure accurate financial position presentation Complete month-end closing process for VWFS as necessary: * Prepare and process daily/monthly journal entries for IFRS purposes * Prepare, reconcile 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 * Adjust financial reports (statements) as necessary based on self-analysis and direction from Manager * Reconcile all assigned accounts * Perform and review daily accounting for treasury and cash receipt/disbursement activity * Reconcile, research and resolve outstanding items pertaining to bank reconciliations * Research and resolve outstanding issues with VWFS's Remarketing Department, Wholesale, Special Collections, and other departments as required Support annual closing process for VWFS as necessary: * Assist with internal and external audits with regards to control testing, account verifications, external confirmations, and other related projects. Qualifications Required Education - Bachelor's Degree Required Experience 5 - 7 years professional accounting and financial reporting experience 3 - 5 years financial reporting experience 3 - 5 years financial services or consumer finance experience 3 - 5 years enterprise software experience (Oracle or SAP), and personal computer financial application knowledge and experience Required Skills In-depth knowledge of accounting procedures and principles and their application in a financial services business Assertiveness Self-starter Willingness to learn and then be able to apply Process Improvement Orientation Analytical and conceptual thinking - using logic and reason, creative and strategic Communication skills - interpersonal, presentation and written Strong skills in Microsoft Excel, Word, Access Integration - joining people, processes or systems Influencing and negotiation skills Problem solving Resource management Desired Education Bachelor's Degree with Major in Accounting or Finance MBA or CPA Desired Skills Experience with FIS AutoSuite system Experience with Oracle Financials/GL Wand 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. #LI-JC1 #LI-HYBRID