Financial Analyst - Abs

Role Summary

The Financial Analyst – ABS role supports VCI’s asset-backed securitization (ABS) programs, debt financing, and derivatives portfolios in a team-oriented environment with emphasis on analysis, documentation, and compliance.

Role Responsibilities

• Develop understanding of Treasury activities.
• Develop recommendations and action plans to improve processes and controls to eliminate or mitigate risks related to the company’s financing and hedging programs.
• Provide support for preparation of supporting schedules for the company’s financial statements and footnotes.
• Provide data and analysis to assist in asset pool selection and reconciliation.
• Prepare monthly and annual SEC filings for public ABS transactions.
• Undertake special assignments including the resolution of problems and assistance in the development of new processes and support systems.
• Review sections of the offering and legal documents.
• Continuously develop knowledge base to keep current on existing and emerging issues in both accounting and banking to assist in meeting accounting and regulatory requirements.
• Support requests from treasury, tax, legal, risk management, investment bankers, and outside legal counsel.
• Prepare hedge accounting documentation, perform effectiveness testing and analysis.
• Analyze various general ledger accounts / supporting schedules and reconcile as necessary.
• Maintain accounting and servicing support for ABS transactions under US/Canadian/International accounting standards and related regulations including;
• Provide analytics and accounting support in the development of hedging strategies.
• Provide support for due diligence effort with external accountants.
• Asset selection and removal based on established criteria.
• Perform analysis to support pool performance monitoring for compliance with investor triggers and regulations.
• Prepare accounting entries and reporting under US/Canadian/International accounting standards.
• Provide data input and maintain model used by treasury in interest rate risk management.
• Support the company’s hedge accounting programs including;
• Perform control procedures for ABS transactions under SEC Regulations.
• Support annual servicing audits performed by external accountants.
• Assist with maintenance of ABS systems and database records.
• Prepare wire requests and reconciliations for daily collections related to public ABS transactions and the Like Kind Exchange program.
• Prepare monthly servicing reports, journal entries and supporting documentation.
• Assist the structuring team in the development and design of ABS programs including;

Hybrid

Primary Location

United States-Virginia-Herndon

Required

Experience -

• 1-3 years professional accounting and financial analysis experience.

Desired

• Treasury and/or banking experience.
• Experience in and/or understanding of automotive financing business Skills -

Required

Skills -

• Displays Professional Integrity
• Uses Computer/ Technical Systems
• Demonstrates Commitment
• Takes Initiative
• Analyzes Critical Data
• Problem Solving Skills
• Work Flexibility
• Ability to Multi-task

Desired

• Conceptual Thinking Skills
• Certified Public Accountant
• Resource Management

Work Flexibility

Some work flexibility; occasional travel, extra hours, potential need to work holidays.

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.