Coordinator, Accounting

We are proud to announce the launch of Volkswagen Group’s largest cell factory, PowerCo, in St. Thomas. This is more than just a job – it’s a unique opportunity to shape the future of sustainable energy. Join us as we ramp up operations and help build a world-class company.

At PowerCo, we believe in fostering an environment where ambition meets collaboration, and where flexibility and creativity thrive.  You'll be part of a diverse, talented team that is shaping the future of battery production. You’ll have the chance to advance your career while working alongside passionate colleagues who share a vision of making a lasting impact on the world.

Are you ready to be part of something exciting? Power up your career with us!

Temporarily reporting to the CFO, the Accounting Coordinator is responsible for ensuring the accurate and timely payment of supplier invoices, as well as the receipt of timely payment for goods and services rendered, in accordance with corporate policies and procedures for the accounting shared services.

This is a flex hybrid work structure, where employees can work both remotely and on-site at our St. Thomas location.

• Execute daily electronic payment and check runs for all accounting shared service companies, in line with internal controls and ensuring accuracy and timeliness • Independent processing of all associated accounting processes, including processing of account clarifications and intercompany reconciliation • Preparation of the advance sales tax return, assist in the creation and optimization of internal AP/AR processes
• Analyze and communicate the daily cash requirements, ensuring that all bank accounts are funded correctly and in line with policies,
• Analyze and clear all bank related balance sheet accounts, ensuring accurate financial reporting
• Act as the Accounts Payable and Accounts Receivable treasury liaison by coordinating, implementing and communicating all initiatives that impact the Accounting Division
• Prepare, gather necessary approval, post and submit all manual wire requests, tax payment debits in line with internal control requirements, Investigate and re-submit failed payments in line with internal policies
• Assist in the creation, optimization and implementation of streamlined AP / AR processes, striving for transparency and automation
• Ensure that all job related processes are documented via job descriptions, process narratives and detailed process maps
• Provide payment confirmations requested by business owners and/or vendors
• Perform monthly fluctuation analysis of assigned general ledger accounts for financial review and audit purposes
• Provide support to the AP / AR team as well as Finance and AP leadership during external audits and period close
• Research and resolve vendor and employee inquiries regarding problem invoices as required
• Perform other duties as assigned or as required by the position

•    Attractive Remuneration: The expected competitive compensation range for this position is xxx , which includes base pay and target amount of short term incentive plan.
•    In addition we offer competitive benefits: our program is flexible to allow you to make the selections and get the coverage you need.
•    Pension and Retirement Savings: We contribute to a Registered Pension Plan and matching contribution to a retirement savings plan.
•       Employee Assistance Plan: We offer an Employee Assistance Plan which can support you in mental health, physical wellness and overall wellbeing.
•    Vacation Allowance: We offer our employees competitive paid time off. Plus, you don’t need to take any vacation days from December 24 to December 31.
•    Opportunities for development.
•    Relocation Support.
•    Opportunities to participate in exciting company events that give back to the community.

We are committed to fair and equitable compensation practices. Our compensation is determined based on a combination of factors including but not limited too relevant years of experience, education, and alignment with the responsibilities and qualifications outlined in the job description.

This posting is for a currently vacant role.

We believe that the best results are created in a diverse and inclusive environment.
Therefore, all qualified applications will be considered for employment regardless of age, race, religion, gender (identity), sexual orientation, national origin or disability.

PowerCo Canada Inc. is committed to providing accommodations for people with disabilities including during the application process. If you require an accommodation because of a disability, we will work with you to determine what reasonable accommodation may be available to meet your needs whether it be as an applicant or an employee. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Recruiter who will consult with you to determine an appropriate and reasonable accommodation.