Volvo Group India | Senior Accountant

Key responsibilities

• We are looking for a detail-oriented and proactive Senior Accountant with strong expertise in Indian accounting practices and Accounts Payable operations.
• The ideal candidate should have hands-on experience in SAP, invoice processing (PO and Non-PO), reconciliations, and stakeholder management, along with a continuous improvement mindset.
• 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.
• Handle end-to-end Accounts Payable (AP) processes, including PO-based and Non-PO invoice processing in SAP.
• Perform GST reconciliations and ensure compliance with Indian taxation regulations.
• Manage GR/IR reconciliations and resolve mismatches in a timely manner.
• Conduct Bank Reconciliation Statements (BRS) and ensure accuracy of financial records.
• Identify and resolve invoice discrepancies, ensuring proper documentation and closure.
• Collaborate with internal and external stakeholders to follow up on long-pending items and drive timely resolution.
• Perform Root Cause Analysis (RCA) for recurring issues and implement corrective actions.
• Ensure compliance with TDS regulations, GST tax slabs, and statutory requirements.
• Create, update, and maintain Standard Operating Procedures (SOPs) and Work Instructions.
• Support internal and external audits by providing the required documentation and explanations.
• Drive continuous improvement initiatives aligned with Lean principles.
• 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

• Strong knowledge of Indian Accounting Standards and taxation (GST and TDS).
• Hands-on expertise in SAP (Accounts Payable module).
• Strong understanding of GR/IR, invoice lifecycle, and reconciliation processes.
• Excellent analytical and problem-solving skills.
• Ability to perform Root Cause Analysis and recommend process improvements.
• Effective communication and stakeholder management skills.
• Strong attention to detail and ability to manage high-volume transactions.
• Familiarity with Lean operations and continuous improvement methodologies.

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)