Supplier Financial Analysts (2 positions)

Proffice is recruiting on behalf of Volvo Car Corporation two Supplier Financial Analysts. The persons will be working within Purchasing Finance, which is responsible for providing financial support to Volvo Operating Management for Purchasing-related items. The Purchasing Finance Organization is responsible for control, forecasting, follow-up and reporting of: Production material cost efficiencies, FM&SP Purchasing, Vendor tooling expenditures and amortization and Purchasing operating expenses. you will be responsible for supporting the Finance Manager on the analysis and review of suppliers and supporting a pan brand approach to dealing with suppliers in financial distress. These are excellent roles for individuals wishing to develop their business acumen skills in a highly commercial environment, whilst making excellent use of their previously developed analytical skills. They need two types of analysts: 1. Someone who will provide a pan brand financial, analytical and advisory service to the organisation (Finance, Purchasing). This includes reporting to operating purchaising management and the purchaising management the analysis of the early indicators as well as the financial distress of supplicers. . Actively participate in the review of the supply base, monitoring for early warning signs of financial distress. This will include detailed reviews of an organisations balance sheet, income and cash flow statements. . Periodic reporting to Purchasing Operating Committee Management of current distress situations. . Liaising with Purchasing Controllers Office and purchasing senior management on distress indicators. . Supporting Purchasing with analytical reviews on suppliers to support sourcing decisions and commodity business reviews. . Assuming a leading position in initiatives for the development and implementation of a systematic analytical approach to supply base reviews 2. The second position involves providing a pan brand financial, analytical and advisory service to the organisation (Finance, Purchasing). . Support the Finance Manager in co-ordinating an agreed approach to dealing with financially distressed suppliers. . Liaising with supplier management, administrators and senior Purchasing management in order to ensure information, approval and funding flows are in place. . Controlling the tracking and payment of commitments to distressed suppliers, compliant with audit requirements and in accordance with approved agreements. . Assisting in the co-ordination of all relevant departments to ensure that required actions are implemented on a timely basis for dealing with the critical nature of business distress situations. . Ultimately being responsible for the management and co-ordination of entire smaller business distress situations. . Avoid productions disruptions by ensuring all supplier agreed financial requirements are fully supported.