Accountant

Posted 18 Hours Ago
Be an Early Applicant
Dubai
Senior level
Retail
The Role
Lead the accounting team to ensure efficient finance operations, providing accurate financial information, managing cash flow and accounts receivables, supporting VAT declaration and audits, and coordinating budgeting processes while ensuring compliance with financial regulations and internal controls.
Summary Generated by Built In

Company Description

IKEA Supply Middle East (ISME) is a member of the Inter IKEA Group within the core business Range & Supply. ISME’s main task is to supply IKEA Home Furnishing products to specific IKEA franchisees in the Middle East. Additionally, ISME is responsible to operate the IKEA Distribution Center in Dubai South, UAE.

What makes IKEA unique, both as a place of work and as a brand, is our shared values ​​and strong culture.

Our culture is based on the spirit of togetherness, give and take responsibility, simplicity, cost consciousness and lead by example. And we are always looking for people who share our positive attitude and values.

Job Description

Lead the Accounting team to secure an efficient finance operation for the local wholesale entity. Provide timely, accurate, relevant and comparable financial information to secure compliance to INTER IKEA Guidelines and local financial rules & standards.

Your Assignment:

  • Collaborate in the Monthly closing (Inter IKEA reporting/ SAP) and Inter IKEA functional reporting
  • Responsible for procure-to-pay process, from purchase order to payment, including policy implementation and systems
  • Responsible for cash flow management; secure sufficient fund for the operation
  • Support the account receivables function for on-time payments and collections, ensuring compliance with the relevant financial regulations and internal working methods
  • Support the Federal Tax Authority the monthly VAT declaration
  • Support for statutory audit, provide and prepare the necessary information for audit purposes, follow-up on audit findings and recommendations
  • Compliance and internal control: Ensure policies, working methods and internal controls are followed, documented, and implemented for all transactions, such as payment, receipt, purchase, evaluation of service providers, asset disposal procedure, authorization matrix etc. Secure the existence of 4 eyes principle in all areas
  • Responsible for coordinating the Budget and forecasting process of ISME’s financial statements and the subsequent variance analysis and follow-up of countermeasures, with special focus on expenses
  • Act as an ambassador of IKEA values

Qualifications

  • BSc degree in Accounting or Finance. A reputable Chartered Accountant qualification is a plus
  • At least 5 years of experience in Accounting or Finance roles, with strong understanding of GAAP/IFRS and financial reporting standards
  • SAP Experience is a must, preferably experienced using the system and been part of an ERP implementation.
  • Deep knowledge of local financial regulations and legislation (statutory, legal, taxation)
  • Knowledge UAE VAT Regulations.
  • Proficiency in accounting software and advanced Excel skills
  • Experience working in multinational environment, preferable in wholesale companies.
  • Experience in coordinating cross-functional projects / initiatives in a team environment.
  • Well versed with MS Office (Excel) and accounting packages (CODA).
  • Effective interpersonal skills and communication skills (verbal & written)
  • Good analytical and problem solving skills and attention to details
  • Ability to work independently, with minimal supervision and in a structured and organized way
  • Proactive and self-motivated
  • Live and Share IKEA Values

Additional Information

Start date? As soon as possible!
Sounds interesting? Then send in your application along with a cover letter highlighting your SAP experience no later than 25 November 2024.
We can't wait to hear from you!


Top Skills

SAP
The Company
Zuid-Holland
80,051 Employees
On-site Workplace
Year Founded: 1943

What We Do

The IKEA vision is to create a better everyday life for the many people. Our business idea is to offer well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment.

The IKEA Brand unites more than 200.000 co-workers and hundreds of companies with different owners all over the world. It’s one brand, but it reaches millions of hearts and homes. Our value chain is unique. It includes everything from product development, design, supply, manufacture and sales – and of course it begins and ends with our customers.

The IKEA retail business is operated through a franchise system. Today, 12 different groups of companies market and sell the IKEA product range under franchise agreements with Inter IKEA Systems B.V.

Any jobs published on this page are offered by different companies operating under the IKEA Trademark.

IKEA was founded in Sweden in 1943.

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