Senior Accounting & Financial Reporting Analyst

The following position within Volvo Financial Services reports to the Global Controller and will be based at the VFS global headquarters office in Greensboro, NC, USA.
Company background:
Volvo Financial Services (VFS) is a global organization focusing on providing financing and related solutions for customers and dealers of the Volvo Group, one of the world’s largest producers of commercial transport solutions. Total managed assets at the end of Q3 2019 were approximately $20.5 billion. VFS offers financial services in 48 countries throughout Europe, North America, South America, Australia and Asia, with over 1,500 employees.
The global headquarters of VFS is based in Greensboro, North Carolina, USA, where the CEO of the Business Area, the CFO department, and the functional heads for Business Development, Strategy, Credit, Risk Management, Human Resources, Legal and Communications are located.
The CFO department consists of four sections, Consolidation and Reporting, Financial Planning and Analysis, Capital Strategies and Process & IT. This position will be part of the Consolidation and Reporting area based in Greensboro and will assist the Global Controller and the rest of the Consolidation and Reporting team in ensuring quality and efficiency of financial reporting and maintaining a strong internal control environment within VFS.
  • Support the monthly financial reporting process utilizing Volvo’s SAP consolidation system (VGCS), including reviewing and analyzing control reports and investigating and resolving errors
  • Ensure timeliness and quality of reporting by local finance companies by:
    • Developing, analyzing and investigating trends within the Financial Services organizations
    • Investigating significant variances from prior period actual results.
    • Analyzing the data for accuracy and adherence to IFRS, VFS Finance policies and the AB Volvo Financial Policies and Procedures.
    • Implementing corrective activities as needed.
  • Prepare and analyze financial and non-financial reports for management and the parent company on both an ad hoc and regularly scheduled basis
  • Support internal control activities with the purpose of ensuring that the organization has a good system of internal control over accounting and financial reporting, including:
    • Assisting in conducting accounting and financial reporting reviews at select VFS locations
    • Performing internal control assessment, testing and remediation activities in accordance with Volvo Internal Control Standards (VICS)
    • Ensuring proper supporting documentation for differences in statutory and VGCS reporting
  • Assist in the review, development and updating of VFS financial directives, guidelines, procedures and control measures to ensure that all transactions are properly controlled, tracked and reported in accordance with Volvo and VFS Financial Policies and Procedures and International Financial Reporting Standards
  • Provide training and guidance in accounting and financial reporting in accordance with IFRS, the FPP and VFS global policies as needed
  • Promote and enhance sharing of best practices in financial reporting between VFS markets to ensure continual improvement
  • Perform ad hoc activities requested by the Global Controller and the other members of the Consolidation and Reporting team
Education and Experience Required:
  • BA/BS in Accounting or Finance
  • CPA preferred
  • A minimum of seven years progressive experience in financial reporting, accounting or business analysis preferably in the financial services industry.
  • Multi-national corporate work experience preferred.
Required Competencies and Skills:
  • Proven organizational skills with the ability to prioritize and work effectively on multiple tasks in a fast paced, demanding environment
  • Solid working knowledge of IFRS accounting principles and financial information systems
  • Sound business judgment and decision making abilities
  • Proficiency with MS Office, with advanced knowledge in Excel and PowerPoint. Experience with reporting software packages such as SAP or Hyperion is also required
  • Innovative problem solving, research and analytical skills
  • Strong evidence of personal initiative and outstanding communication skills, including the ability to interact and influence at all levels in the organization
  • Strong analytical skills, attention to detail and focus on quality.
  • Ability and desire to work within and in support of a team environment.
The successful candidate will have good knowledge of the financial services industry within a large multi-national corporation. English is essential and a second main language preferable.
The position will give the opportunity to build solid experience within Financial Services, and is intended to serve as a platform for career advancement within Volvo Financial Services and the Volvo Group. The person should expect to travel internationally between 5% and 15%, as this is an integral part of the headquarter function of a global organization.

Om oss

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines under the leading brands Volvo, Renault Trucks, Mack, UD Trucks, Eicher, SDLG, Terex Trucks, Prevost, Nova Bus, UD Bus and Volvo Penta.

Volvo Financial Services is the global financial solutions provider of the Volvo Group, supporting the Volvo Group brands with expert financial services. This includes providing customers and dealers with a full-range of offerings, such as financing, leasing, and insurance solutions. Our team of about 1,400 professionals are located in 45 countries worldwide. As a part of the Volvo Financial Services team, you will experience challenging assignments, gain international exposure, and interact with colleagues around the world in the Volvo Group.

Volvo Group North America is an Equal Opportunity Employer
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