Senior Financial Analyst, Planning and Treasury

Volvo Financial Services (VFS) is the captive finance arm of the Volvo Group, one of the world’s leading providers of commercial transport solutions. The company provides financial services for the truck, construction equipment, bus, aerospace and marine industries. The primary brands it supports are Volvo Trucks, Volvo Construction Equipment, Mack Truck and Prevost Bus. VFS creates value for Volvo Group customers by providing solutions including customer financing and leasing, dealer financing, and other fee-based products, such as insurance. Financial services are delivered to customers through VFS with Volvo Group dealers, allowing customers to enjoy the benefits of a convenient, and one stop-shop experience.
This position will be responsible for performing financial and business analyses on asset portfolios, as well as will be part of planning and budgeting process. Additionally, the analyst will be accountable for cash management, debt forecasting and maintaining relationships with Volvo Treasury team.

RESPONSIBILITIES:

  • Prepare various analyses and reports for leadership related to portfolio performance.
  • Monthly preparation of reserves analysis according to IFRS 9. It includes booking and reconciling the related accounts.
  • Update and refine Cost and Loss Factor analyses.
  • Coordinate all daily borrowings required to ensure VFS Canada is properly funded
  • Project funding need for long term borrowing each month
  • Perform match funding calculations to monitor the interest rate and liquidity risks associated with each portfolio and report to Global HQ
  • Provide operational support on the execution of monthly syndication tranches, including validation of the pool and documentation.
  • Perform calculation and payment of syndication early buy out, monthly settlement of rentals and interest settlement of wholesale participations.
  • Perform special projects as required to support management.


EDUCATION:

  • Bachelor Degree in Business, Accounting or Finance,
  • CPA, CMA or CGA, required.


EXPERIENCE:

  • Minimum 5 to 7 years of experience in financial planning, business analysis, cash management or in a related field.
  • In-depth knowledge of financial modeling, analysis and planning.
  • ​Financial services industry would be a plus.


SKILLS:

  • Minimum 5 to 7 years of experience in financial planning, business analysis, cash management or in a related field.
  • In-depth knowledge of financial modeling, analysis and planning.
  • Financial services industry would be a plus
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Our culture is how we work together with energy, passion and respect. Employees use their highest levels of professionalism, honour, integrity and respect for our customers and their co-workers. Great opportunities are hard to find, don’t miss this opportunity!
VFS Canada is committed to workplace diversity and inclusion and provides accommodations to applicants with disabilities throughout its hiring process.


About Us

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 and Volvo Penta.

Volvo Financial Services is the global financial solutions provider of the Volvo Group, supporting the Volvo Group brands with expert financial services. This includes providing customers and dealers with a full-range of offerings, such as financing, leasing, and insurance solutions. Our team of about 1,400 professionals are located in 45 countries worldwide. As a part of the Volvo Financial Services team, you will experience challenging assignments, gain international exposure, and interact with colleagues around the world in the Volvo Group.

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Application Process

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Interview

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Introduction

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Testimonials

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