Transactional Controller

Volvo; Johannesburg; On-site; ZAR 300 000 - 600 000; Full time

Job summary

An established industry player is seeking a Transaction Controller to join their Financial Control & Accounting Team. This role involves ensuring accurate accounting for Accounts Payable, Accounts Receivable, and Fixed Assets, while also taking charge of the Treasury function. You will collaborate with a diverse team, driving compliance with IFRS and local legislation, and actively participate in process improvements. If you are passionate about financial processes and eager to contribute to sustainable transport solutions, this opportunity offers a dynamic environment where your skills can make a significant impact.

Qualifications

• 4+ years’ experience in financial control and accounting.
• Proficient in financial software and IFRS compliance.

Responsibilities

• Responsible for accurate accounting and reporting of financial line items.
• Ensure compliance with financial regulations and accounting standards.

Skills

Accounting Knowledge

IFRS Understanding

Analytical Skills

Communication Skills

Organizational Skills

Problem-Solving

Team Collaboration

Solution-Oriented Mindset

Education

Bachelor's degree in Finance

Bachelor's degree in Accounting

Tools

SAP

Microsoft Office

Job description

Transport is at the core of modern society. Imagine using your expertise to shape sustainable transport and infrastructure solutions for the future? If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match.

What you will do

Financial Control and Accounting (FCA) is the accounting department within the Volvo Group, responsible for financial compliance in terms of the International Financial Reporting Standards (IFRS) as well as compliance to local legislation.

We are looking for an experienced and passionate person with particular interest in financial processes and continuous improvement wanting to join our Financial Control & Accounting Team (South EMEA) within the Volvo Group.

Within FCA South EMEA you will be part of a global and diverse team of skilled and high-performing professionals who work with energy, passion and respect towards each other to become the world leader in sustainable transport solutions.

In the role as Transaction Controller, you will build a strong network within both accounting and business control communities. You will be responsible for accurate accounting and reporting of Accounts Payable, Accounts Receivable, and Fixed Assets. As the Transactional Controller you will also take full responsibility for the Treasury function. You will actively participate in the development and implementation of relevant reporting and accounting processes within FCA.

You will report directly to the Director FCA South Africa with an indirect reporting line to the Chief Accountant.

Job Objectives:

Accounts Payables (P2P) and Accounts Receivable (O2C)

• Responsible for the timely and accurate accounting for the assigned financial line items.
• Timeously prepare and/or review all balance sheet reconciliations (BSR) and resolve reconciling items in a timely manner.
• Accuracy and completeness of age analysis and month-end provisions.
• Ensure compliance with the relevant accounting standards.
• Resolve internal and external stakeholder queries.
• Actively track performance targets and take necessary actions to achieve the set goals.

Fixed Assets

• Responsible for the timely and accurate accounting for the assigned financial line items.
• Timeously prepare and/or review all balance sheet reconciliations (BSR) and resolve reconciling items in a timely manner.
• Ensuring all fixed asset transactions comply with the relevant accounting standard and the Asset Management Directive.
• Maintain an accurate and complete Fixed Asset register in accordance with the relevant accounting standards.
• Collaborate with the Tax Analyst to maintain an accurate and complete Fixed Asset register in compliance with the Income Tax Act.
• Actively track Assets under Construction (AUC) and take necessary actions.
• Conduct regular asset verifications and resolve discrepancies.

Treasury

• Ensure compliance with financial regulations and accurate reporting of financial activities.
• Monitor the company’s liquidity and optimize the use of cash resources.
• Support strategic decision-making through performing cash flow forecasting and analysis.
• Provide financial guidance and analysis to generate positive financial results.
• Liaise with Group Treasury on the Legal Entities Funding and Capital Structure.
• Maintain compliance with the Currency and Exchange Act (i.e., SARB Approvals).
• Maintain compliance with the Travel and Entertainment Policy pertaining to corporate credit cards.
• Primary liaison for third-party stakeholders (i.e. financial institutions, South African Reserve Bank, Stats SA etc.)

General

• Interact and collaborate with stakeholders across Volvo Group to perform duties and resolve queries.
• Monthly feedback to the Director of FCA on the performance targets.
• Support the Chief Accountant with preparing the Annual Financial Statements and resolving audit queries.
• Ensure compliance with IFRS, Volvo Financial Policies and Procedures (FPP), Volvo Internal Control Standard (VICS) and other relevant policies and procedures.
• Standardize ways of working by developing and implementing processes and internal controls.
• Work collaboratively with the offshore Accounting Services teams.
• Provide support to other team members as needed.
• Any other duties that may be reasonably requested by your manager.

Qualification & Job Experience

• 4+ years’ experience.
• Bachelor's degree in Finance, Accounting, or related field.
• Sound accounting knowledge and a thorough understanding of IFRS (International Financial Reporting Standards).
• Experience presenting and explaining complex information to stakeholders.
• Excellent organizational skills.
• Communicate effectively in English (verbal and written format).
• Ability to work independently and as part of a diverse team.
• Proficient in financial software (SAP) and Microsoft.
• An analytical and driven individual with high integrity, known for a structured and well-organized approach to work.
• You possess a solution-oriented mindset, handling various matters logically and systematically.
• Demonstrate a can-do attitude and are not afraid to take action and initiative.
• Ability to remain calm under pressure and manage multiple priorities effectively.
• Identify key control points within processes and ensure adherence to mitigate financial reporting risks.
• Strong ethical compass and not afraid to speak up.

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 disabilities to apply.

Application Closing Date: 11 April 2025.

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 Trucks you will be part of leading the way towards a sustainable transport industry. For nearly a century we have been innovating for people – to make life easier, better and safer. Driving progress is our promise to customers, to the industry and to society. At Volvo Trucks we share a curiosity to learn, we work with passion and we embrace change to stay ahead. Join us, together we move the world we want to live in.

About the company

Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. We are committed to shaping the future landscape of sustainable transport and infrastructure solutions.