Volvo Group India | Accountant

Responsibilities

• Volvo Group Accounting and Company Control, Record to Report Department in Bangalore, is looking for candidates for the position of Accountant.
• 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.
• Records of business transactions related to the General Ledger.
• Participation in internal and external audits.
• Monitoring and analysis of business transactions according to IFRS and Volvo Group Financial Policies and Procedures.
• 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.

Requirements

• Minimum 3- 5 years of experience within Fixed Asset accounting, reconciliation, Month end close reporting processes, financial reporting.
• Experience in working with Excel, Access and Power Point are required.
• Preferable working experience in GL, AP, AR, FA Module, with SAP Exposure.
• Understanding of Interfaces and impact on financial statements.
• Good working knowledge of Fixed Asset cycles, Investment management, Capex budget, Capex budget initiation, Capitalization, internal order creation, WBS element creation, Order I WBS settlement of AUC, retirements, transfers, Forex gain/ loss, inter/ intra asset transfer, scrap I sale of asset etc.., Fixed asset reconciliation & Monthly reporting.

AB Volvo (Volvo Group)

The Volvo Group dates its start to 1927, when the first Volvo car left the factory in Gothenburg, Sweden, under founders Assar Gabrielsson and Gustaf Larson. AB Volvo, still based in Gothenburg, is listed on Nasdaq Stockholm. Volvo Cars, sold to Ford in 1999, is now a separate company. The group makes trucks under the Volvo, Renault Trucks and Mack brands, along with buses, construction equipment and Volvo Penta marine and industrial engines, and it offers financial services. Volvo Trucks began in India in 1998 and Volvo Buses in 2001. Volvo Group India Private Limited runs a truck and bus plant at Hosakote and a construction equipment plant at Peenya, both near Bengaluru, and offices at Bagmane Tech Park housing engineering, IT, purchasing and finance teams. A joint venture with Eicher Motors, VE Commercial Vehicles, has a plant at Pithampur in Madhya Pradesh.

Finance hiring in Bengaluru covers accounting operations: fixed asset accounting, reconciliations, month-end close and financial reporting, and accounts receivable for non-intercompany processes. Roles are at accountant and senior accountant level, with experience asked for ranging from about six months to more than five years, and one accountant role is an 18-month direct contract. The postings ask for a commerce graduate or postgraduate degree, and the senior accountant role also accepts an MBA in Finance.

• Industry: Commercial vehicles and equipment: trucks, buses, construction equipment, Volvo Penta marine and industrial engines, and financial services
• Headquarters: Gothenburg, Sweden (AB Volvo, listed on Nasdaq Stockholm)
• In India: Volvo Group India Private Limited, with a truck and bus plant at Hosakote and a construction equipment plant at Peenya near Bengaluru, and business offices at Bagmane Tech Park, Bengaluru; joint venture VE Commercial Vehicles with Eicher Motors (Pithampur, Madhya Pradesh)