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Accounting Analyst
NJ - Rockleigh
Opportunity Snapshot
This is a ground floor opportunity to showcase your analytical horsepower as you perform month-end closes, provide accurate financial reporting that communicates key drivers, trends and operational metrics and drive process improvements and financial best practices.
The Accounting function is critical to our success and as we move our North American corporate headquarters to New Jersey we're building bench strength by hiring impact players for tomorrow: career minded professionals who can contribute beyond their job description and push us to the next level. To be a good fit for this opportunity you will not only bring solid expertise in GAAP and SOX 404 compliance to help us develop sound internal controls, but also call upon your interpersonal savvy to build relations with a geographically dispersed Accounting team in India, Michigan and Canada.
Volvo Cars of North America (VCNA) is a subsidiary of Volvo Car Corporation of Gothenburg, Sweden. VCNA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States, and oversees Volvo operations in Canada and Mexico. Our work with safety has echoed around the world and the global tagline, "Volvo for life" distinctly captures the essence of our mission statement: "to create the safest and most exciting car experience for modern families".
What Else You'll Bring to the Table
In addition to the qualifications listed above, you will have:
- Bachelor's Degree in Accounting or equivalent combination of education & experience.
- Minimum 5 years of general accounting experience, including month-end close, account analysis, and journal entry preparations.
- Solid exposure to inter-company financials; you will report consolidated results for VCNA to our headquarters in Sweden and also manage transactions between Ford and Volvo.
- Impeccable communication skills, both oral and written to distill complex financials into succinct reports and present to management.
- The ability to learn new things quickly with minimal direction and function effectively in a fast-paced, demanding environment.
- Advanced proficiency in MS Office suite, especially Excel.
Preferred, but not required:
- CPA.
- Experience with SAP accounting systems.
What's in It for You
- Impact -- you'll have a clean slate to not only drive our routine accounting functions, but you'll also assist with forecasting and collaborate with the Operations team to ensure we have appropriate internal controls in place and have the opportunity to refine and improve these processes as we go along.
- Visibility -- your contributions will not only impact our bottom line, but you'll also gain rare insight into our business and broad recognition for your achievements.
- Platform for career growth -- our dynamic work environment positions learning in the forefront and there will be ample opportunities for higher level assignments and responsibilities; in addition to accounting, you'll gain exposure to an ever-evolving spectrum of financial analysis projects as you "wear many hats" and drive to results.
- Great environment -- staying true to our Swedish culture, we've created a flat, energetic and open environment where people can air their opinions and feel like they can truly make a difference -- we call it the power of "we"! You'll work with some of the best and brightest results-oriented professionals who have the intellect to achieve results and the humor to enjoy the process.
- Excellent compensation -- in addition to a competitive salary, we offer a generous benefits package that includes medical/dental/vision coverage; 401(k) plan with company match; holidays; and more.
More About Your Role
Reporting directly to the Accounting Manager, you will join a team of over 20 finance/accounting personnel at our New Jersey office.
This role will evolve over time, but at a high-level you'll spend about 60% of your time driving day-to-day accounting issues; and the remaining 40% with client support and process improvement activities. Your specific responsibilities will be to:
- Ensure timely preparation of monthly uploads and journal entries in conjunction with the monthly close.
- Maintain balance sheet reconciliations, including timely preparation and resolution of reconciling items.
- Ensure accuracy and timeliness of billings, accruals and analysis related to Variable Marketing Expense.
- Ensure accuracy of accounting and reporting for Rental Repurchase process, including reserve analysis related to deferred revenue, cost and variable marketing.
- Ensure accuracy of accounting and reporting for Vehicles in Company Service, including monthly metrics reported to Finance and Commercial Fleet Operations.
- Report financial results to Sweden on a monthly basis through Hyperion FM.
- Prepare the monthly VCNA Performance Report.
- Perform analysis of actual results compared to forecast/budget.
- Provide weekly wholesale volume reporting to VCC through Hyperion.
- Provide monthly trade reports to Census Bureau.
- Ensure compliance with internal controls, GAO and GAAP for all assigned accounts and processes.
- Act as financial/accounting liaison to internal/external customers (3rd party vendors & dealers), forecasting department and operations.
- Complete special projects as assigned, including accounting changes and system implementations and testing.
- Comply with VCNA Operation Management System and VCNA Environmental System.
Keys to Success
Your success in this role will largely derive from your technical and analytical abilities -- and the help of your inquisitive nature and keen attention to detail -- as we look to you to distill key findings from accurate analyses and propose insightful solutions that will help us achieve our financial objectives. Other facets of success are to:
- Showcase the power of personal engagement; you'll forge strong working relationships with people at all levels of the organization, adjusting your approach and style to different groups, and quickly develop an understanding of where your key resources lie.
- Consistently be on the lookout for process optimization opportunities; you will articulate your ideas clearly and persuasively demonstrate how your ideas can positively affect the firm's bottom line.
- Demonstrate a proactive work ethic and model a strong adherence to timelines; of course, you'll respect the department's needs during month-end close, and showcase flexibility to effectively manage change and shift priorities as needed.
- Maintain robust attention to detail without losing sight of the big picture and how those details fit in; you'll not only assist in planning our financial goals but also take an active role in ensuring we achieve them.
If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!
Who We Are
Volvo Cars of North America, LLC. (VCNA) is a subsidiary of Volvo Car Corporation, a Swedish luxury automobile maker founded in 1927 in the city of Gothenburg in Sweden. We are currently owned by Ford Motor Company.
With 2,500 dealerships worldwide in 100 markets, 60 percent of sales come from Europe, 30 percent from North America, and the other 10 percent is from the rest of the world. For more information, please visit www.volvocars.com
Opportunity Snapshot
This is a ground floor opportunity to showcase your analytical horsepower as you perform month-end closes, provide accurate financial reporting that communicates key drivers, trends and operational metrics and drive process improvements and financial best practices.
The Accounting function is critical to our success and as we move our North American corporate headquarters to New Jersey we're building bench strength by hiring impact players for tomorrow: career minded professionals who can contribute beyond their job description and push us to the next level. To be a good fit for this opportunity you will not only bring solid expertise in GAAP and SOX 404 compliance to help us develop sound internal controls, but also call upon your interpersonal savvy to build relations with a geographically dispersed Accounting team in India, Michigan and Canada.
Volvo Cars of North America (VCNA) is a subsidiary of Volvo Car Corporation of Gothenburg, Sweden. VCNA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States, and oversees Volvo operations in Canada and Mexico. Our work with safety has echoed around the world and the global tagline, "Volvo for life" distinctly captures the essence of our mission statement: "to create the safest and most exciting car experience for modern families".
What Else You'll Bring to the Table
In addition to the qualifications listed above, you will have:
- Bachelor's Degree in Accounting or equivalent combination of education & experience.
- Minimum 5 years of general accounting experience, including month-end close, account analysis, and journal entry preparations.
- Solid exposure to inter-company financials; you will report consolidated results for VCNA to our headquarters in Sweden and also manage transactions between Ford and Volvo.
- Impeccable communication skills, both oral and written to distill complex financials into succinct reports and present to management.
- The ability to learn new things quickly with minimal direction and function effectively in a fast-paced, demanding environment.
- Advanced proficiency in MS Office suite, especially Excel.
Preferred, but not required:
- CPA.
- Experience with SAP accounting systems.
What's in It for You
- Impact -- you'll have a clean slate to not only drive our routine accounting functions, but you'll also assist with forecasting and collaborate with the Operations team to ensure we have appropriate internal controls in place and have the opportunity to refine and improve these processes as we go along.
- Visibility -- your contributions will not only impact our bottom line, but you'll also gain rare insight into our business and broad recognition for your achievements.
- Platform for career growth -- our dynamic work environment positions learning in the forefront and there will be ample opportunities for higher level assignments and responsibilities; in addition to accounting, you'll gain exposure to an ever-evolving spectrum of financial analysis projects as you "wear many hats" and drive to results.
- Great environment -- staying true to our Swedish culture, we've created a flat, energetic and open environment where people can air their opinions and feel like they can truly make a difference -- we call it the power of "we"! You'll work with some of the best and brightest results-oriented professionals who have the intellect to achieve results and the humor to enjoy the process.
- Excellent compensation -- in addition to a competitive salary, we offer a generous benefits package that includes medical/dental/vision coverage; 401(k) plan with company match; holidays; and more.
More About Your Role
Reporting directly to the Accounting Manager, you will join a team of over 20 finance/accounting personnel at our New Jersey office.
This role will evolve over time, but at a high-level you'll spend about 60% of your time driving day-to-day accounting issues; and the remaining 40% with client support and process improvement activities. Your specific responsibilities will be to:
- Ensure timely preparation of monthly uploads and journal entries in conjunction with the monthly close.
- Maintain balance sheet reconciliations, including timely preparation and resolution of reconciling items.
- Ensure accuracy and timeliness of billings, accruals and analysis related to Variable Marketing Expense.
- Ensure accuracy of accounting and reporting for Rental Repurchase process, including reserve analysis related to deferred revenue, cost and variable marketing.
- Ensure accuracy of accounting and reporting for Vehicles in Company Service, including monthly metrics reported to Finance and Commercial Fleet Operations.
- Report financial results to Sweden on a monthly basis through Hyperion FM.
- Prepare the monthly VCNA Performance Report.
- Perform analysis of actual results compared to forecast/budget.
- Provide weekly wholesale volume reporting to VCC through Hyperion.
- Provide monthly trade reports to Census Bureau.
- Ensure compliance with internal controls, GAO and GAAP for all assigned accounts and processes.
- Act as financial/accounting liaison to internal/external customers (3rd party vendors & dealers), forecasting department and operations.
- Complete special projects as assigned, including accounting changes and system implementations and testing.
- Comply with VCNA Operation Management System and VCNA Environmental System.
Keys to Success
Your success in this role will largely derive from your technical and analytical abilities -- and the help of your inquisitive nature and keen attention to detail -- as we look to you to distill key findings from accurate analyses and propose insightful solutions that will help us achieve our financial objectives. Other facets of success are to:
- Showcase the power of personal engagement; you'll forge strong working relationships with people at all levels of the organization, adjusting your approach and style to different groups, and quickly develop an understanding of where your key resources lie.
- Consistently be on the lookout for process optimization opportunities; you will articulate your ideas clearly and persuasively demonstrate how your ideas can positively affect the firm's bottom line.
- Demonstrate a proactive work ethic and model a strong adherence to timelines; of course, you'll respect the department's needs during month-end close, and showcase flexibility to effectively manage change and shift priorities as needed.
- Maintain robust attention to detail without losing sight of the big picture and how those details fit in; you'll not only assist in planning our financial goals but also take an active role in ensuring we achieve them.
If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!
Who We Are
Volvo Cars of North America, LLC. (VCNA) is a subsidiary of Volvo Car Corporation, a Swedish luxury automobile maker founded in 1927 in the city of Gothenburg in Sweden. We are currently owned by Ford Motor Company.
With 2,500 dealerships worldwide in 100 markets, 60 percent of sales come from Europe, 30 percent from North America, and the other 10 percent is from the rest of the world. For more information, please visit www.volvocars.com
