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Job description

Company Description

The IKEA vision is to create a better everyday life for the many people. We do this by offering a wide range of well-designed, functional home furnishing products at affordable prices . We are part of IKEA Al-Homaizi Limited, operating in three countries - Kuwait, Jordan, and Morocco.


Our keywords are Home, People, Happiness, Development, Leadership, Inclusion & Diversity, All with Passion!


Join us to bridge your dreams and unique ideas within an organization that believes in People !



Job Description

    •    To ensure efficient & accurate IKEA accounts.
    •    Ensure a smooth operation for administering the Company’s fiscal affairs in accordance  with applicable local guidelines.
    •    The department manages the annual audit, annual budget and advises management on all  aspects of financial planning. 
    •  To support the Finance Manager by taking full responsibility of daily accounts, by maintaining the accounts of daily transactions.
 


Key Assignments 


  • Responsible for coordinating day to day accounting activities, preparing/ reviewing / posting   journal entries, securing the timely update and reconciliation of general ledger accounts;
  • Analyzing financial data and provide insights to the management;
  • Completing monthly, half yearly and yearly closing of books of accounts and finalize the financial and management reports according to the set timelines;
  • Preparing and reviewing financial statements including income statement, balance sheet, cash flow statements in accordance with the International Financial Reporting Standards and reporting to stakeholders;
  • Reviewing and managing accounts payable and receivable and updating master data;
  • Reconciliation and follow up of the company’s purchases, sales and payments;
  • Monitoring and following up the bank and cash balances and secure sufficient and optimum level of funds for a smooth operation at all times;
  • Preparation of internal and external ad hoc reports;
  • Preparation of audit schedules and liaise with external auditors to complete the audits of financial statements, filings, and other compliance activities according to the set timelines;
  • Liaise with tax consultants, banks, insurers and other relevant external parties;
  • Secure that all payments to suppliers, co-workers and authorities are done on time and in accordance with the applicable terms and conditions;
  • Lead the team of Accountants and maintain a good coordination with other departments;
  • Participating in projects and support execution to simplify and automate financial operations and reporting;
  • Participating for annual budget preparation process;
  • Supporting and maintaining a connection with local functions and IKEA global functions.

Qualifications
  • Bachelor's degree in Finance, Accounting or related field
  • Fully or part qualification of CA, CIMA, ACCA or CPA equivalent is preferred
  • 5+ years of experience in accounting
  • Proficiency in English language is a must.
  • Strong knowledge of IFRSs
  • Excellent communication and interpersonal skills
  • Experience in leading a team
  • Proficient in Microsoft Office, especially in Excel
  • Experience with MS Dynamics or other ERP systems is preferred
  • Ability to work in a fast-paced environment and meet deadlines

Additional Information

* Local employment regulations applies




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