Finance Executive

UAEN Finance Executive | Retail | IKEA | Dubai Overview of the role Ensure that all business information and accounting figures are constantly monitored & accurately maintained so as to reflect a true and fair view of the company in the Business Financial & Performance Reports. What you will do General Ledger (G/L) Scrutiny • Constantly monitor and maintain the book of accounts (G/L, sub ledger) accurately so as to reflect true and fair view of the company in the performance reports • G/L schedules - scrutinize and prepare G/L schedules for review by line manager • Reconciling various GL accounts and prepare schedules. MIS • Reporting: prepare various reports for all stores (sales, performance, FLASH, management meeting pack, etc) and submit to management for review & action • Month end BPC upload • Prepare IKEA Specific weekly & monthly reports. Monthly closure of books • Reviewing expenses accounts for the month and passing necessary accrual entries and maintaining accrual schedules. Inventory • Reconciliation of inventory entries between Navision & SAP • Monitoring of Costing Load Factor of both Store & IFB • Stock provision analysis on monthly basis in line with the financial policy Capex • A Point of contact for stores for Maintenance requisition/contracts and capital expenditure requisitions approvals and forward the same to stores after obtaining necessary approvals at service office. • Updating capital expenditure cost by project and keeping track of payments • Pre-opening cost track sheet to be maintained & monthly updated reports to be forwarded to the concerned Project Head. Budgeting • Support the finance manager in building up the budget and secure that the annual goal-setting process is working • Supporting the business goal-setting process that leads up to the defined budgets for each department • Support departments understanding of budgeting process and how it influences the motivation in the organisation • Responsible for monitoring department’s budget and expenses and flagging to the Finance manager any discrepancies • Budget uploads in BPC & SAP Regional Support • Support with the Regional Expansion Plans whenever necessary including planning and pre-opening phases • Support with improving current ways of working and business practices Skills Required Skills to be successful • Exceptional creativity and innovative design skills • Excellent communication and presentation skills • Organizational and time-management skills for meeting deadlines in a fast-paced environment What equips you for the role • A Bachelor’s Degree minimum required • Must have at least 1 years’ experience in a Finance function • A university degree in Business Administration or Finance or relevant job experience from several years in finance department in a large-scale retail operation • Desirable to have detailed know how of the IKEA Concept in order to implement the IKEA Concept • Excellent mathematical and numerical & analytical skills • Excellent Excel and Microsoft skills • Proactive approach to issues. Job Details Job LocationDubai, United Arab Emirates Company IndustryAccounting Company TypeEmployer (Private Sector) Job RoleFinance and Investment Employment TypeFull Time Employee Monthly Salary RangeUnspecified Number of Vacancies1

• Training Include • Bonus