Senior Accountant

IKEA - Al Homaizi Limited

To support the Finance Manager by taking full responsibility of daily accounts, by maintaining the accounts of daily transactions.

Key Assignments

• 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.