Finance Analyst

at  Volvo Cars

WHO ARE WE?

Volvo Car Financial Services UK (VCFSUK) is a financial services joint venture business, part-owned by Volvo Cars and Santander Consumer Finance, operating across the UK Volvo retailer network, and also supporting Polestar and London Electric Vehicle Company (LEVC). Everything we do starts with people. It’s what makes us different from other companies. If you share our belief in the power of people and our passion for human-centric innovation, you will thrive together with brilliant, like-minded colleagues who are committed to making a true difference.
Due to an internal promotion, we have an exciting job opening within the Finance team as a Finance Analyst, based in our Maidenhead offices. You will be the one who will be responsible for analysing profitability and assisting with producing valuable financial reports internally.

Reporting to the Finance Manager you will assist them and other members of the Senior Management Team (SMT) to develop an annual budget based on the strategic goals of the company established by SMT in line with the prescribed timings. You will be responsible for developing VCFSUK finance management with specific focus on keeping profitability, achieving cost efficiency and providing senior management with valuable information to assist in decision-making.
You will assist in the validation of monthly closing with a specific focus on Revenue, and commission including marketing support, service charges from third parties, and monitoring costs based on the budget. You will also assist with the tracking of provision movement including Residual Value.
Responsible for supporting the Finance Manager to execute finance operations properly such as monthly review of cost centre reports, OPEX analysis, creation of OPEX summary and management reports and manage accruals and prepayments. Effective management of procurement and purchasing in VCFSUK, including managing internal invoicing process and handling external accounts payable queries.