Senior Financial Analyst

1 month ago

Singapore Ikano-Retail Full time
Job Summary:

Ikano-Retail is seeking an experienced Senior Financial Analyst to join our team at IKEA Tampines. This role will play a key part in providing financial analysis and leading the staff optimisation process to deliver to the needs of the store. As a member of the Business Navigation team, you will be involved in the staff planning, budgeting, and forecasting processes, translating the store's strategies and goals into performance measurements through analysis and benchmarking.

About the Job:

As a Senior Financial Analyst, you will have the opportunity to work with multiple functions across the business, developing a thorough understanding of IKEA commercial operations. Your key responsibilities will include:
  • Providing financial analysis and supporting the Store Business Navigation Manager in steering actions to provide the store with the best possible financial position.
  • Supporting the budgeting and forecasting process through close follow-up of the P&L and providing regular updates and recommendations to store management on the store's financial position.
  • Identifying, assessing, and translating key industry trends into emerging risks and strategic business opportunities that shape the trajectory of our commercial operations.
  • Providing relevant and user-friendly business information on the store's performance KPIs through dynamic reports.
  • Responsible for timely and accurate closing of the monthly account, and all necessary procedures for monthly closing and annual closing while ensuring compliance with IKEA accounting standard, legal, tax, and statutory compliance in Singapore.
  • Supporting the correct procurement of indirect material by requesting and comparing supplier quotations, performing periodic reviews on contract management and supervision to ensure purchases are compliant to procurement principles and IWAY standards.

Your Profile:

We are looking for a professional with minimum 6 years of strong FP&A experience and business acumen. You should feel invigorated by a fast-paced and dynamic environment. A globally recognised professional accounting qualification, e.g. CPA, ACCA, CIMA, etc., is preferred. Strong communication skills with the ability to present financial information to non-financial stakeholders are essential. You should be able to influence and galvanize others to follow you toward a solution. Process driven, results-oriented with excellent analytical capability and critical thinking skills are also required.

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