Thursday, 9 June 2016

Financial Internship Opportunity at Volvo 2016

The Volvo Group seeks an Accounts Payable and Accounts Receivable Intern to join its finance department in Boksburg.
Volvo Finance contributes to realizing the vision of the Volvo Group by developing and providing a wide range of expert services from financial planning to accounting, business controlling, M&As, real estate services, financial reporting and investor relations. With Volvo Group Finance you will be part of a global and diverse team of highly skilled professionals who work with passion, trust each other and embrace change to stay ahead. We make our customers win.
The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines under the leading brands Volvo, Renault Trucks, Mack, UD Trucks, Eicher, SDLG, Terex Trucks, Prevost, Nova Bus, UD Bus, Sunwin Bus and Volvo Penta.
Duties and Responsibilities
Monthly Accounts Payable Processes
  • Receiving and scanning invoices from branches, for processing on Workflow.
  • Follow-up errors on scanning and clear Workflow Inbox.
  • Manual recording of Invoices and Credit Notes on vendor accounts in SAP.
  • Monitor EDI-process and follow-up queries from suppliers.
  • Preparation of Creditors’ reconciliations from vendor’s statement to SAP (Age Analysis).
  • Preparation of Payment settlement on SAP for vendor accounts.
  • Preparation of Internal Company Transactions (ICT) payments.
  • Reconciling ICT accounts and follow-up queries.
Monthly Accounts Receivable Processes
  • Send invoices and statements to customers.
  • Perform Sundry invoices on request.
  • Follow up on overdue accounts.
  • Allocate payments on a daily basis.
  • Request Experian (credit assessment) reports for new credit applications.
  • Request Experian (credit assessment) reports for credit limit increases.
  • Load new customers on SAP.
  • Prepare provisions for bad debt.
  • Perform credit management actions as required.
Year end preparations
  • Accurate and timely completion of year end Accounts Payable procedures.
  • Ensure that all procedures necessary to close the financial year are performed.
  • Liaise with Auditors and address all related ICT and queries.
Internal/External Audit
  • Ensure audit requirements are met.
  • Timely preparation of schedules and information.
Financial Enquiries
  • Manage and create a positive interaction environment with customers and suppliers by providing efficient and accurate responses to all enquiries.
  • Maintain an open communication channel with staff members.
  • Relevant Bachelor’s Degree
Applications close on 22 June 2016. 

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