Sr. Accountant

Job description

To navigate the growth of IKEA and steer the business towards sustained long-term profitability, including securing financial business performance and compliance with policies and standards.

The Sr. Accountant support the Store BNOM and the rest of the store in steering the store towards growth, optimal performance and sustained long-term profitability, in line with the IKEA objectives and values securing the desired balance between customer, commercial, people, financial and operational perspectives.

Secure with my team, timely and compliant execution of administrative tasks and financial reporting, budget monitoring and production of relevant information to facilitate navigation within the store.

Support actively through performance monitoring the commercial departments to optimise sales and longterm, sustained profitability within our home furnishing businesses, while ensuring an enjoyable, convenient and successful shopping and buying experience.

Responsibilities of the Job:

Support Procurement processes in the Store and managing of contracts with suppliers. Support the BNO Manager in the business plan, budget and forecast process by translating the stores strategy and goals in Profit&Loss (P&L) scenarios using financial analysis and benchmarking. Lead the stores monthly financial reporting together with the SO and stores accounting team by timely, efficient, accurate and compliant invoice management. This responsibility involves tasks such as monitoring in Navision the consistency of sales and expense postings and accounts/cash reconciliation, ensuring at all times correct group accounting principles and regulations are applied. Monitor the store budget, through close follow-up of the P&L and provide regular updates to store management on the store financial position and recommend improvement measures in case of deviations and potentials, always working closely with the different business areas. Provide relevant and user-friendly business information on the stores performance KPIs by training users how to use and interpret standard reports, securing correct and clear communication of daily sales figures, analyzing trends or deviations where insight is needed. Supporting the sales team in converting performance insight into actions towards maximizing business opportunities in the most efficient and effective way. This responsibility involves tasks such as setting the daily sales estimates together with the commercial activities shopkeeper and the BNOM, using deep understanding of the different GM lines to consult on gross profit steering, informing on gaps vs. the sales plan and recommending actions to correct underperformance or to tap into commercial opportunities. Executing administrative tasks such as securing the completion of travel expenses, correct incident management and the coordination on common store purchases (e.g. general office supplies). Supporting the BNOM in securing a safe, secure and compliant environment for our customers, suppliers and co-workers by monitoring and implementing financial and commercial audit requirements by internal/external auditors. Supporting correct procurement of indirect material by requesting and comparing supplier quotations, by periodic reviews on contract management, by administering purchase tool user management and by supervising that purchases are compliant to procurement principles and IWAY standards. Actively contributing to our drive for growth and efficient operations by benchmarking and challenging our ways of working and sharing good examples with the rest of the IKEA organization.
Qualification

Motivation

Steer the business towards long-term growth and profitability. Constantly look for more effective ways of working. Interesting in understanding the insights of reports and facts in order to propose actions for improving. Interesting in peoples everyday life at home and in home furnishings and identify myself with the IKEA customer.

Knowledge

Degree in Accounting/Business/Finance/Economics or related field. Good overview of customer experience processes. High level of proficiency in Microsoft Office applications. Ability to read and communicate in fluent English.

Capabilities

Highly developed analytical and numerical skills. Result oriented. Curious and willing to broaden its scope of responsibilities. Self-reliant and motivated with proven ability to work as part of a team as well as independently. Ability to influence. Flexible approach to work and open to change. Being able to communicate clearly and succinctly both verbally and in writing. Develop the business and deliver results. Lead and develop people. Inspire and clarify. Create togetherness. Find better ways. Enable change.

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