Provide timely, accurate, relevant and comparable financial information to secure compliance to Inter IKEA Group ("IIG") Guidelines and local financial rules & standards. Key assignments including:
Stock
- Secure that stock taking process is being carried out by ESP timely and accurately in accordance with IIG Working Method and statutory audit requirements.
- Responsible for stock valuation accuracy and correctly accountable in P&L and Balance Sheet e.g., stock valuation of end-date-sales/stop-sales articles, concrete stocks and NRV of articles.
- Follow up with Supply Operation on the clearance of end-date-sales/stop sales articles and concrete stocks, to minimize losses to the legal unit. Ensure inventory ageing analysis is available by 15th of each month and deliver to the respective stakeholders.
- Working closely with Business Navigator to identify /find root course on significant or ‘uncommon’ inventory adjustments.
Accounting
- Preparation of journal entries for month end accruals on cost/expenses, monitoring the accruals balance and ensure there is no long outstanding.
- Being the super user of procurement system, manage P2P process from end to end.
- Manage missing price and support customs team on pricing information
Insurance
- Ensure updated master record is in-placed. Evaluate & review every insurance coverage before each renewal. Ensure full coverage of Company’s asset & mitigate operation risk via adequate and correct insurance.
- Initiate claim process promptly and follow up closely until case is closed.
Compliance
- Assist in statutory audit, custom audit (if relevant)
- Compliance and internal control: Ensure all working methods and internal controls are according to ISMY Financial manual & Internal Control Framework (ICF). Secure the existence of 4 eyes principle in all areas.
People & Culture:
- Contribute to the Accounting team in accordance with “Leading business & people together”, ensure team competence meet current and future business needs.
- Act as an ambassador of IKEA values.
