Senior Accountant - Service Office

To oversee and perform accounting operations, including ledger management, reporting, and compliance, while mentoring and guiding a team of accountants.

A. Financial Accounting & Reporting

• Oversee day-to-day accounting operations, ensuring timely and accurate journal entries and reconciliations.
• Review and analyze financial data, ensuring compliance with accounting principles/ IFRS and company policies.
• Prepare and review monthly, half yearly, and annual financial statements (Income Statement, Balance Sheet, and Cash Flow Statement).
• Participate in the annual budgeting and forecasting process, providing financial insights and analysis to support business planning.
• Preparing management reports and financial analysis for decision-making.
• Ensure compliance with statutory reporting, tax, and audit requirements.

B. Closing, Controls & Compliance

• Lead month-end, half-year, and year-end closing activities and ensure accurate reporting within deadlines.
• Review and approve account reconciliations, accruals, and provisions.
• Ensure internal control procedures are implemented and adhered to.
• Prepare audit schedules and liaise with external auditors for timely completion of audits.
• Coordinate with tax advisors, banks, insurers, and regulatory bodies on compliance matters.

C. Treasury & Payables Management

• Monitor cash flow, bank balances, and ensure sufficient liquidity for operational needs.
• Review supplier payments, payroll transfers, and statutory payments in line with internal approval policies.
• Manage accounts payable and receivable cycles to optimize working capital.
• Coordinate with banks on transfetrs, facilities, and reconciliations.

D. Systems, Process Improvement & Projects

• Support automation, digitalization, and ERP enhancements for improved financial processes.
• Lead or participate in finance-related projects and cross-functional initiatives.
• Identify process inefficiencies and recommend improvements to strengthen internal controls.
• Maintain accurate accounting master data and documentation for audit readiness.

E. People Leadership & Collaboration

• Supervise and mentor accountants to ensure continuous performance improvement and knowledge sharing.
• Foster collaboration within the Finance team and with cross-functional departments.
• Promote a positive work environment and drive alignment with IKEA’s values and culture.