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Volkswagen AG

Fixed Asset and Lease Accountant

Ajax, ON, L1S 7G7, Canada

The salary range for this role is $65,000 - $90,000, actual pay may vary based on experience, education, and internal compensation practices.

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Job details

Pay: The salary range for this role is $65,000 - $90,000, actual pay may vary based on experience, education, and internal compensation practices.
Apply by: Oct 24, 2026
Experience: 3+ years of relevant accounting experience.
Posting language: English
Posted: Sep 9, 2026

Original job description

It’s more than just a career; it’s a passion. While we love our vehicles, we recognize that it’s the people behind them who truly make them exceptional. We cherish our open and speak-up culture, embrace our commitment to social responsibility, celebrate diversity, innovate boldly, take pride in what we do, and thrive together as a team.

At Volkswagen Group Canada, Inc. we value initiative, creativity, teamwork, and high performance within a dynamic and engaging environment. Our shared goal across all departments and brands is to uphold superior standards and provide a consistent, outstanding brand experience.

Why Join Us?

Competitive compensation and comprehensive benefits

Opportunities for growth and development

A flexible, collaborative work culture

The chance to work with innovative Volkswagen and Audi vehicles

Bring your passion and ideas to a team that’s shaping the future of mobility. Apply today and drive your career forward with Volkswagen Group Canada, Inc.

Role Description

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 and the United States.

This Fixed Asset and Lease Accountant is responsible for all accounting functions related to the Fixed Assets and IFRS16 lease processes. Responsible to review all fixed asset requests for compliance, creates fixed asset accounts and monitors the asset activity for correct capital spending. They also analyze CIP/AUC projects for compliance and capitalize completed projects according to the VW Handbook. In addition, they also provide the data (continuity schedule) required for accurate and timely reporting, through the monthly packages to Germany.

This position is also responsible for managing leases under IFRS16. The Fixed Asset and Lease Accountant coordinates with Controlling, Business and Legal teams regarding leased properties. They review lease abstracts and keep an updated file of abstracts for reference and for audit purposes (internal and external). Further, they ensure that the 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.

Key Responsibilites

Review all new fixed asset requests (including intangibles) for compliance, create fixed asset accounts in SAP and monitor for correct capital spending.
Analyze construction-in-progress (CIP)/asset-under-construction (AUC) projects for compliance and capitalize completed projects in accordance with the VW IFRS Accounting Handbook.
Verify, analyze and record all disposals related to property, plant and equipment and intangible assets while maintaining a backup file for audit.
Periodically liaise with financial consultants regarding zero book value assets to ensure appropriate disposal and decommissioning of those identified as not in use.
Post monthly depreciation and retirements in Asset Management.
Reconcile Fixed Asset sub-ledger with SAP general ledger.
Liaise with the property management company regarding all property projects and leases to capture complete and accurate property detail as well as review abstracts as required.
Monitor rental payments, handle lease amendments and ensure charges conform to lease agreements and accounting policies established as required.
Enter and maintain records of IFRS16 leases in Group System (GLC) and run monthly entries.
Reconcile lease liability payable for the month with payments for IFRS16 leases.
Prepare monthly input file for FACTs reporting in accordance with IFRS, including reconciliation of capital spend details for financial controlling, as required, and reconciliation of SAP and GLC system.
Prepare and post monthly rent entries for finance leases.
Support controlling teams with solutions on property, plant and equipment, intangible assets as well as leases related accounting topics by performing research in the IFRS Accounting Handbook, and prepare accounting memos to document the research.
Provide details as required to company auditors, both external and internal.
Provide support to complete Canadian and US census surveys.
Manage the annual fixed assets physical inventory count and verification process.
Coordinate with the controlling, business and legal teams to ensure the complete and accurate reporting of leased property in accordance with IFRS 16.
Keep up to date with IFRS changes and VW IFRS Handbook revisions with respect to property, plant and equipment, intangible assets, and leases, particularly developments regarding convergence.
Work with controlling to assess impairment of fixed assets based on group guidelines
Participate in the process of monthly, quarterly and annual accounting close, including booking and review of journal entries, monthly reporting requirements and financial analysis

Qualifications

Formal Education

Bachelor's Degree in Accounting and/or equivalent working experience

Experience

3+ years of relevant accounting experience.
Experience with fixed asset accounting, lease accounting, financial reporting, month-end close activities, and reconciliations.
Experience applying IFRS accounting standards, including IAS 16, IAS 38, and IFRS 16.
Experience working with SAP and supporting audit requirements.

Competencies

Strong analytical and problem-solving skills with the ability to assess complex accounting transactions and identify process improvements.
Excellent organizational and time management skills with the ability to manage multiple priorities and meet strict deadlines.
Strong written and verbal communication skills with the ability to explain accounting concepts to various stakeholders.
Strong attention to detail and commitment to accuracy.
Ability to adapt to changing business requirements in a fast-paced environment.
Customer-focused team player with strong interpersonal skills.

Specialized Skills, Knowledge, or Certifications

Intermediate to advanced understanding of Microsoft Office (Excel, Word, PowerPoint).
Proficiency with IAS 16, IAS 38, and IFRS 16.
Working knowledge of SAP.
Knowledge of property, plant and equipment, intangible assets, leases, and financial reporting.

Work Flexibility

This position is hybrid, requiring a minimum of 3+ days in office.

Salary range is dependent on factors such as industry-based experience, skills, training, credentials, and other qualifications. The salary range for this role is $65,000 - $90,000, actual pay may vary based on experience, education, and internal compensation practices.

Why You’ll Love Working Here

Full-time employees of Volkswagen Group Canada, Inc. enjoy these benefits:

Health Insurance Coverage: We offer comprehensive health, dental, and vision insurance, including a flexible plan to ensure employees and their families have access to quality healthcare tailored to their needs.

Health Spending Account: Extra support for your wellness needs.

Retirement Plans & Savings: We offer a competitive defined contribution retirement plan and a generous savings match to help employees prepare for their future

Compensation: We recognize individual contributions and share company success through our Bonus & Merit Program, fostering a pay-for-performance culture

Vehicle Leasing and Purchase Programs: Employees and eligible family members can lease up to four vehicles annually at discounted rates, providing convenience and cost savings.

Work Environment: Our facility inspires creativity and productivity, fostering an empowering hybrid work environment (where applicable) allowing employees can perform at their best.

Personal Days: We value work-life balance and offer personal days for your discretion, whether for personal reasons, recharging, or celebrating important holidays or events.

Volunteer Days: These days allow employees to support meaningful charities aligned with our values and social responsibility.

Company Designated Holidays: We recognize the importance of celebrating the holiday season with our team. Therefore, we reserve specific company holidays in December to ensure employees can enjoy the festivities.

Wellness Programs: We prioritize our employees’ holistic well-being through initiatives like discounted gym memberships and mental health resources to support physical, mental, and emotional health.

Tuition Reimbursement: Part of our commitment to employee growth, this benefit covers approved course expenses to support ongoing education and long-term career development.

Please note that we appreciate the interest of all candidates, however only those under consideration will be contacted. Volkswagen Group Canada uses AI tools integrated with our applicant tracking system to screen applications for validity and completeness.

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, provincial, or local laws.

Volkswagen Group Canada Inc. is committed to accessibility and inclusive hiring under. We welcome and support applicants with disabilities through every stage of the recruitment process. If you require an accommodation at any point - such as for an interview, assessment, or application - please notify your recruiter or email us in advance at VGCAHumanResources@vw.ca. We’ll work with you to arrange reasonable accommodation to meet your needs.

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More about this job

Responsibilities

Manage fixed asset and IFRS 16 lease accounting, including asset setup, project capitalization, depreciation, disposals, lease records, monthly entries, and reconciliations. Support financial reporting and accounting close, coordinate with business and controlling teams, maintain audit documentation, and provide accounting research and analysis.

Requirements

A bachelor's degree in accounting or equivalent work experience and at least three years of relevant accounting experience are required. Candidates should have experience with fixed assets, leases, financial reporting, reconciliations, month-end close, IFRS standards, SAP, and audit support, along with strong analytical, organizational, communication, and Microsoft Office skills.

Skills

Fixed Asset Accounting
Lease Accounting
IFRS 16
IAS 16
IAS 38
SAP
Financial Reporting
Month-End Close
Account Reconciliation
Capital Expenditure Accounting
Depreciation
Asset Disposal
Impairment Assessment
Audit Support
Microsoft Excel
Analytical Problem-Solving

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Spending Account
Savings Match
Bonus and Merit Program
Vehicle Leasing and Purchase Programs
Personal Days
Volunteer Days
Company-Designated Holidays
Wellness Programs
Tuition Reimbursement

Visa sponsorship

Not detected in the job text

Keywords

Fixed Assets
Lease Accounting
IFRS 16
IAS 16
IAS 38
SAP
Group Lease Contract System
Property, Plant and Equipment
Intangible Assets
Construction in Progress
Assets Under Construction
Capital Expenditure
Depreciation
Asset Disposals
Lease Liability
Financial Reporting
FACTs Reporting
General Ledger
Subledger Reconciliation
Journal Entries
Month-End Close
Accounting Close
Impairment Assessment
Audit Support
Physical Inventory
Accounting Memos
Microsoft Excel
Microsoft Word
Microsoft PowerPoint

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