IPS & PT / Cash Flow Controller GTP BC

Competences

• University/college graduated preferably Business Control
• 3-5 years of financial analysis experience in a corporate / multicultural environment

Fluent in English Mission

Close to the operations but independent, safeguard integrity and foster bottom-line impact mindset in purchasing activities and behaviors. Secure timely and qualitative monthly deliveries in closing. Provides guidance and support to the organization on area of expertise and scope. Actively contribute to projects and process improvements.

Responsibilities

IPS

• Act as a business partner (understand needs, question and support)
• Perform defined control loop for the cases booked each month in their region.
• Perform regular audits on cases reported in Webpp.
• Produce monthly bridges (versus previous forecast, month)
• Prepare and provide monthly performance synthesis including IPS financial contribution KPIs, Payment Terms, Spend analysis, OPEX/HC.
• Contribute to the continuous improvement of the guidelines of IPS financial contribution KPI to ensure consistent, traceable and credible performance measurement and reporting.
• Actively involved in all projects affecting IPS financial KPIs
• Contribute to annual budget or forecast related processes

PT/Cash Flow

Manage monthly payment terms closing, analysis and reporting.

Follow-up of cash flow improvement initiatives (not visible in payment term KPI).

Support buyers and managers to improve Payment days or/and group cash flow by proactively analyzing the payment term supplier base.

Drive and coordinate regional specific payment terms / Cash Flow projects together with internal stakeholders within Volvo Group.

Support buyers with cash flow principles during negotiations preparation: interest rates, cash flow mechanism, cost of capital...

General support on rules/restrictions within payment terms area such as FPP compliance, local limitations or contractual requirements.

Manage early payment requests: challenge reasons for the request and secure policy compliance, analyze of impact and feasibility.

The Volvo Group aims at being the most admired employer in the industry by attracting and engaging the best people. Volvo Group Purchasing provides competitive advantages to the Volvo Group by selecting high performing suppliers to deliver the best possible products & services with the right quality output that add real business value for our customers. We are a global division with approximately 1,300 professionals world-wide providing expertise to secure Purchasing Excellence for Customer Success.

Volvo Group Purchasing has 120 BSEK in Purchasing annual spend, 2,550 suppliers in serial production, and 1,9 billion parts delivered to the Group Truck plants annually. We support the Volvo Group’s mission ‘Driving prosperity through transport solutions’ by applying the principles of Code of Conduct and responsible sourcing to the purchasing processes.