Senior Accountant

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.

Qualification

• 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

More Information

• Local employment regulations applies