Senior Accountant - Service Office

Company description

At IKEA Al-Homaizi we make everyone feeling at home. We develop our talents
and together we build a place where we belong, where we care and where we
share. We are at our best at all times and we make a lasting positive impact
on people 's lives. This is how we create trust, this is how we create long
lasting relationships. With our communities. We grow the business as we lead
as individuals, we perform with a meaning: through our values and delivering
results.

Job description

We are looking for a Senior Accountant to join our Finance team at IKEA. In
this role, you will be responsible for overseeing the accounting functions of
the company and ensuring that financial reports are accurate and timely
produced. You will also be responsible for leading a team of Accountants and
collaborating with other departments to ensure that financial objectives are
met.
A day in your life with us:
* 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
* 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

A few more details for you
This position is full-time and is located in Kuwait. Some travel may be
required.