Job Description

Organization

Volvo Financial Services

Position Description

The Senior Financial Accountant (VFS) is responsible for performing relevant accounting activities in accordance with local and IFRS reporting standards and ensures compliance to local financial and tax legislations. He / She will assist the Financial Manager across the full spectrum of financial accounting operations, ensuring adherence to both internal and external deadlines. The Senior Financial Accountant plays a key role in the consolidation of monthly results as well as actively participate in the development of the annual operating budget and quarterly forecasts. This individual supports in the achievement of operational efficiency. Through analysis of monthly results, they provide analysis reports that will assist management in decision-making. They are also responsible for implementing related systems and processes including improving them on a continuous basis.

Reporting: This position reports to the Financial Manager (VFS) and is is based in Johannesburg, South Africa and is part of the VFS Europe South West, Australia, Africa which includes France, Italy, Spain, Portugal, UK, Ireland, Australia, and South Africa.

Job Objectives:

• Performs month-end close responsibilities in an accurate and timely manner to ensure accurate reporting.
• Conducts the tax reporting according to local rules, including the tax pack and handling of any queries and variances.
• Prepares and delivers financial reporting according to local rules, laws and regulations, as well as in compliance with IFRS and Volvo Group reporting standards.
• Posts journal entries, reconciles accounts and maintains a complete and accurate general ledger.
• Processes daily banking transactions and monitors liquidity.
• Supports continuous process improvements within the accounting and finance function.
• Assisting with annual audit preparations.
• Ensures practices are compliant with good internal controls.
• Performs ad-hoc reporting and analysis in support of the Regional Management Team.
• Performs other duties and special projects as required by the business.
• Assist with relevant compliance activities and research.

Qualification & Job Experience:

• B.Com Accounting or Honours.
• Relevant professional qualification in financial accounting, eg. CPA, CIMA, ACA, ACCA etc.
• Minimum of 4 years working experience in financial accounting, reporting and consolidation, financial planning, business analysis and tax, preferably in the financial service industry.
• Experience in Financial Services, Banking, or a related industry will be prioritized.
• Understanding of financial services and the relevant IFRS reporting, (in particular IFRS 16, IFRS 9).
• Knowledge of reporting and planning procedures within a multi-national environment preferred.
• Working experience in appropriate VFS and Volvo Group accounting and finance systems preferred.
• Working experience showing fluency in English (oral / written / interpersonal).
• Working experience showing the ability to understand and interpret needs of different stakeholders as well as aspects of the financial services business.

Key Competencies:

• Knowledge of financial services products and services, in particular usage based finance will be prioritized.
• Ability to classify and manage multiple priorities.
• Attention to detail.
• Analytical skills.
• MS Office applications: Advanced/Expert level in Excel, PowerPoint.
• Superior written and oral communications skills.
• Strong personal credibility, integrity and ethics.
• Strong interpersonal skills.

Short listed candidates must complete and sign personal verification permission, consent and indemnity declarations, to inter alia perform reference, criminal, credit, qualification, vetting process (if applicable to position) and any other checks deemed necessary.

Volvo Group Southern Africa (Pty) Ltd is an affirmative action, equal employment opportunity employer. We encourage people with disability to apply.

Functional Area

Commercial Finance

Travel Required (maximum)

Occasional Travel

About us

We value your data privacy and therefore do not accept applications via mail.

Who we are and what we believe in
Our focus on Inclusion, Diversity, and Equity allows each of us the opportunity to bring our full authentic self to work and thrive by providing a safe and supportive environment, free of harassment and discrimination. We are committed to removing the barriers to entry, which is why we ask that even if you feel you may not meet every qualification on the job description, please apply and let us decide.

Applying to this job offers you the opportunity to join Volvo Group. Every day, across the globe, our trucks, buses, engines, construction equipment, financial services, and solutions make modern life possible. We are almost 100,000 people empowered to shape the future landscape of efficient, safe and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents with sharp minds and passion across the group's leading brands and entities.

At Volvo Financial Services, we are working together to shape the world we want to live in. As the captive finance arm of the Volvo Group, VFS provides financial services and solutions that meet the needs of our customers' evolving business. Through our dedication to innovation, we support society in its adoption of sustainable transport and equipment solutions. VFS is headquartered in Greensboro, North Carolina, USA and serves Volvo Group customers and dealers in more than 50 markets.

Employment/Assignment Type

Regular

Last application date

12-Oct-2023

Arquus