Senior Accounting Analyst

Volvo; Greensboro (NC); On-site; USD 54,000 - 66,000; Full time

Job summary

Volvo Financial Services in Greensboro, NC seeks an Accounting Analyst Senior to manage accounts receivable and cash application duties and support accounts payable processes. This role reports to the Cash Applications Manager and contributes to accuracy in payment posting and vendor setup.

The successful candidate should have a BA/BS in Accounting (or related field) and 3+ years in cash application or payables, with strong MS Office and Excel skills; Power BI a plus.

Qualifications

• BA/BS in Accounting or related field preferred.
• 3+ years’ experience in cash application or accounts payable, preferably in financial services.

Responsibilities

• Post daily cash receipts (lockbox, wire, ACH) within deadlines.
• Balance daily cash.
• Analyze customer payment history as needed.
• Process customer refunds and invoices.
• Assist with Form 1099s filing.
• Maintain internal controls and assist audits.
• Respond to internal/external requests to resolve issues.
• Identify process improvement opportunities.

Skills

Cash applications

Accounts payable

Excel

Power BI

MS Office

Attention to detail

Education

BA/BS in Accounting or related field

Tools

MS Office

Power BI

Job description

What you will do

Volvo Financial Services is the finance arm of the Volvo Group. The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, and is the world's leading producer of heavy-diesel engines. Volvo Financial Services provides a full range of financial services for the construction equipment, truck and bus industries.

The Accounting Analyst Senior is responsible for understanding and performing duties for accounts receivable/cash application and some accounts payable processes. The Accounting Analyst works in a team and significantly affects customer satisfaction through accurate payment processing and posting payment receipt, along with processing invoices and wires in the accounts payable rotation.

This position reports to the Manager of Cash Applications and will be located at the VFS office in Greensboro, NC, USA.

Core Responsibilities

• Post daily cash receipts, which include lockbox, wire, speed pay and ACH, within established deadlines and with accuracy.
• Balance daily cash.
• Analyze customer payment history upon request by other departments.
• Process customer refunds.
• Complete internal task requests with speed and accuracy.
• Develop, issue and file the annual Form 1099s prior to IRS deadlines.
• Maintain sound internal controls and implement new controls, as needed, to comply with company policies and procedures.
• Process setup of and changes to third party vendors of Volvo Financial Services.
• Respond to internal and external customer requests to meet their needs and resolve any issues in a timely manner.
• Actively participate in internal and external audits by providing timely and accurate data to auditors.
• Identify opportunities for process improvements.
• Other responsibilities and activities as requested by management.

Who are you?

Education and Experience Required:

• BA/BS in Accounting or related field is preferred.
• 3+ years’ experience in cash application or accounts payable, preferably in the financial services industry.

Required Competencies and Skills:

• Proven organizational skills with the ability to prioritize and work effectively on multiple tasks in a fast paced, demanding environment.
• Demonstrated professionalism, including verbal and non-verbal communications, as well as emotional intelligence.
• Sound business judgment and decision making abilities.
• Expert in MS Office, with advanced skills in Excel and Power BI a plus.
• Innovative problem solving, research and analytical skills.
• Strong evidence of personal initiative, willingness to learn systems and independently work with other departments to resolve issues.
• Outstanding verbal and written communication skills.
• Strong attention to detail and 10-Key accuracy.
• Ability and desire to work within and in support of a team environment, including expert relationship development skills
• The successful candidate will have strong knowledge of the financial services industry within a large multi-national corporation. English is essential.

Physical Requirements

Ability to meet physical demands while performing the duties of this job, the employee is regularly required, with or without accommodation to:

• Stand, walk, or sit, sometimes for prolonged periods.
• Ability to be in the office 5 days/40 hours per week.
• See, speak, and hear, including distinguishing visual and audible signals necessary for safe and effective communication.
• Use hands or fingers to operate computers, tablets, mobile devices.
• Reach with hands and arms to access products, tools, and controls
• Lift, move, or carry up to fifteen (15) pounds unassisted.
• Work in various settings various office environments.
• Some travel including overnight stays.

The above statements are intended to describe the general level of work being performed by persons assigned to the classification. They are not intended to be construed as an exhaustive list of responsibilities, duties and skills required of the job.

Ready for the next move?

If you want to make a real impact in your career, Volvo Financial Services is where you want to be. We look forward to meeting you.

At the Volvo Group, we strive for a clear, transparent, and straightforward compensation approach, motivating you to contribute to the company’s growth. For this position, the base pay is set at $54,000.00 - $66,000.00 annually, and where applicable, bonus eligible. The range for this role, as well as final salary offered, is determined by several factors including, but not limited to, geographic location, work-related knowledge, certifications, skills, education, and experience. In addition to these factors, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.

Benefits

In addition to a solid package of compensation and benefits, plus you will enjoy:

• Competitive medical, dental and vision insurance.
• Generous paid time off.
• Competitive matching retirement savings plans.
• Working environment where your safety, health and wellbeing come first.
• Focus on professional and personal development through Volvo Group University.
• Programs that make today’s challenging reality of combining work and personal life easier.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

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

Who we are and what we believe in

We are committed to shaping the future landscape of efficient, safe, and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents across the group’s leading brands and entities.

Applying to this job offers you the opportunity to join Volvo Group. Every day, you will be working with some of the sharpest and most creative brains in our field to be able to leave our society in better shape for the next generation. We are passionate about what we do, and we thrive on teamwork. We are almost 100,000 people united around the world by a culture of care, inclusiveness, and empowerment.

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 Gothenburg, Sweden, and serves Volvo Group customers and dealers in more than 50 markets.

What’s in it for you?

We offer a solid and competitive package of compensation and benefits, plus you will enjoy a diverse working environment with a culture of care and inclusion. As an investment, we support your personal development and growth to achieve your career aspirations. Volvo Financial Services is an on-site business and we understand that you might need occasional or temporary flexibility, which your leader is equipped to manage and fits well to our culture, as being together enables us to build upon our innovative and collaborative culture, as well as develop you for continued success.