AP/AR Analyst

Volvo Group•Greensboro, NC

10d•$54,000 - $66,000•Onsite

About The Position

The AP/AR Analyst is responsible for accounts receivable and cash application duties, along with some accounts payable processes. The role works as part of a team and contributes to customer satisfaction through accurate payment processing and posting, invoice processing, and wire processing in the accounts payable rotation. The position reports to the Manager of Cash Applications and is based at the Volvo Financial Services office in Greensboro, North Carolina. The role includes processing and balancing cash receipts, analyzing customer payment history, handling refunds and internal requests, preparing annual Form 1099s, maintaining internal controls, managing third-party vendor setup and changes, and responding to internal and external customer needs. The analyst also supports audits, identifies process improvements, and performs other duties as requested by management. This is an on-site role requiring attendance in the office five days and 40 hours per week. Some travel, including overnight stays, is required. The position offers a stated base pay range of $54,000 to $66,000 annually and may be eligible for a bonus. Volvo Financial Services describes its workplace as collaborative and diverse, with a focus on employee safety, health, well-being, and development.

Requirements

At least 3 years of experience in cash application or accounts payable.
Strong organizational skills and the ability to prioritize and manage multiple tasks in a fast-paced, demanding environment.
Professional verbal and non-verbal communication and emotional intelligence.
Sound business judgment and decision-making abilities.
Expertise in Microsoft Office and strong attention to detail and 10-Key accuracy.
Innovative problem-solving, research, and analytical skills.
Personal initiative, willingness to learn systems, and ability to work independently with other departments to resolve issues.
Outstanding verbal and written communication skills.
Ability and desire to work in support of a team, including strong relationship-development skills.
Strong knowledge of the financial services industry within a large multinational corporation.
English language skills.
Ability to meet the stated physical demands, with or without accommodation, including standing, walking, or sitting for prolonged periods; seeing, speaking, and hearing; using hands or fingers to operate computers, tablets, and mobile devices; reaching with hands and arms; and lifting, moving, or carrying up to 15 pounds unassisted.
Ability to work in the office 5 days and 40 hours per week.
Availability for some travel, including overnight stays.

Nice To Haves

A BA/BS in Accounting or a related field is preferred.
Experience in cash application or accounts payable in the financial services industry is preferred.
Advanced Excel skills and Power BI skills are a plus.

Responsibilities

Post daily cash receipts, including lockbox, wire, speed pay, and ACH payments, accurately and within established deadlines.
Balance daily cash.
Analyze customer payment history at the request of other departments.
Process customer refunds.
Complete internal task requests accurately and promptly.
Develop, issue, and file annual Form 1099s before IRS deadlines.
Maintain sound internal controls and implement new controls as needed to comply with company policies and procedures.
Set up and process changes to third-party vendors of Volvo Financial Services.
Respond to internal and external customer requests and resolve issues in a timely manner.
Participate in internal and external audits by providing auditors with timely and accurate data.
Identify opportunities for process improvements.
Perform other responsibilities and activities as requested by management.
Process invoices and wires as part of the accounts payable rotation.