Business Controller

Volvo Group • Greensboro, NC

2d • Hybrid

About The Position

Business Controller positions offered by Volvo Group North America, LLC (Greensboro, North Carolina). Optimize engineering budgets through solid foundation of vehicle verification and validation testing steps, engineering expenses, and cost categories. Prepare CAPEX and Capitalization requests, including planning, approval, follow up and quality to ensure business decisions are reached in accordance with guidelines. Ensure transparency and accuracy of RIG cost calculations, reviewing purchased services for machine maintenance, consumable materials and labor hours required to keep equipment running. Utilize Power BI, VBA and Python to support big data management, financial modeling and business decisions. Collaborate closely with the prototype fleet management to ensure proper phasing and cost allocation. Develop and maintain engineering hourly rate models, chargeability and billable ratio concepts, including project and equipment maintenance hours, as well as key expense components. Ensure that financial processes and procedures are being adhered to in terms of proactive assessment, evaluation of key controls and audit support, including issue resolution. Work proactively with Forecast and Budgeting during the engineering development cycles to support direction setting actions to reach expenses targets. Develop project payment plan and perform cost analysis. Drive team understanding of financial impact from decisions and direction taken. Perform project portfolio financial reporting and serve as an active resource for balancing analysis. Contribute to developing routines, processes and ways of working globally and regionally through digitalization and automation.

Requirements

• Requires a bachelor’s or foreign equivalent degree in engineering, business, finance, or a related field and 3 years of experience working as a business controller in engineering prototyping and testing.
• Working with the following IT platforms: SAP Master Finance and SCORE (Scheduling Cost and Resource) management tool
• Programming in Power BI, VBA, and Python for big data management
• Working with vehicle verification and validation testing steps, engineering expenses, and cost categories
• Calculating RIG costs
• Working with CAPEX and Capitalization rules

Responsibilities

• Optimize engineering budgets through solid foundation of vehicle verification and validation testing steps, engineering expenses, and cost categories.
• Prepare CAPEX and Capitalization requests, including planning, approval, follow up and quality to ensure business decisions are reached in accordance with guidelines.
• Ensure transparency and accuracy of RIG cost calculations, reviewing purchased services for machine maintenance, consumable materials and labor hours required to keep equipment running.
• Utilize Power BI, VBA and Python to support big data management, financial modeling and business decisions.
• Collaborate closely with the prototype fleet management to ensure proper phasing and cost allocation.
• Develop and maintain engineering hourly rate models, chargeability and billable ratio concepts, including project and equipment maintenance hours, as well as key expense components.
• Ensure that financial processes and procedures are being adhered to in terms of proactive assessment, evaluation of key controls and audit support, including issue resolution.
• Work proactively with Forecast and Budgeting during the engineering development cycles to support direction setting actions to reach expenses targets.
• Develop project payment plan and perform cost analysis.
• Drive team understanding of financial impact from decisions and direction taken.
• Perform project portfolio financial reporting and serve as an active resource for balancing analysis.
• Contribute to developing routines, processes and ways of working globally and regionally through digitalization and automation.

Benefits

• Competitive medical, dental and vision insurance.
• Generous paid time off.
• Competitive matching retirement savings plans.
• Working environment where your safety, health and wellbeing come first.
• Focus on professional and personal development through Volvo Group University.
• Programs that make today’s challenging reality of combining work and personal life easier.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level