Accounting Coordinator
Date: Apr 7, 2025
Location: St. Thomas, CA
Company: PowerCo Canada Inc.
Level of Experience: Professionals
Job Function: Finance
Job ID: 3571
Accounting Coordinator
Our Story and Why We're Growing
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!
About the Role
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 exciting opportunity is based in the charming town of St. Thomas, Ontario, and requires hybrid attendance with a minimum of 2 days in office per week.
Key Responsibilities
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
What you bring to the Team
Post-Secondary Education in Accounting, Finance or a related field, or equivalent work experience
3+ years relevant professional in an Accounting or Finance position
CPA Designation either completed or in progress is preferred
Familiarity with GAAP and IFRS is beneficial
High degree of initiative, problem solving skills and the ability to collaborate effectively with others
Ability to prioritize and effectively manage simultaneous tasks and projects
Strong written and oral communication skills
Focus on process optimization and improvement
Proficiency in all Microsoft Office products a must; practical experience with SAP (especially SAP S/4 HANA) highly desirable
German language skills are considered an asset.
Some travel both nationally and internationally (5-10%)
Power Perks
Attractive Remuneration: We offer a competitive and attractive remuneration that reflect your skills, experience, and contributions.
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.
Competitive employer paid benefits and overall compensation package with extended health care, dental, vision and mental health support.
Pension and Retirement Savings: We contribute the equivalent of 5% to a Registered Pension Plan and matching contribution to a retirement savings plan.
And much more!
This is a flex hybrid work structure, where employees can work both remotely and on-site. However, please note all hybrid work arrangements are subject to the terms and conditions of our hybrid work policy as may be amended from time to time.
Please note that we appreciate the interest of all candidates, however only those under consideration will be contacted.
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), ****** 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.
Company: PowerCo Canada Inc.
Location: St. Thomas, CA
Job Function: Finance
Level of Experience: Professionals
Job ID: 3571
Change the Future with Us
PowerCo was founded in 2022 to become a global battery champion. Headquartered in Germany, we are currently ramping up gigafactories in Salzgitter, Valencia and St. Thomas in Canada with a total volume of up to 200 GWh. We are integrating the entire value chain and building a supply chain as local as possible. With that we are driving the development of a strong, sustainable battery industry in Europe and North America.
Diversity, Equity and Inclusion
PowerCo 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, ****** orientation, family status, gender identity, gender expression, national origin, age, disability, or any other characteristic protected by federal, or local laws.
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.
Please note that we appreciate the interest of all candidates, however only those under consideration will be contacted.