IKEA Hiring for Financial Controller Job at Bangalore Full Time

As a person you are passionate about people, business, IKEA’s purpose and continuously driving better performance. You are energized by increasing customer value, driving business growth and contributing to overall success and results through people as well as motivated by leading and developing people.

For this role we believe you have, Bachelor or master’s degree in accounting / Finance / Economics or a related field. Professionally qualified accountant ACA/ACCA or local equivalent with strong knowledge of Gaap. >7 years with increased responsibility in accounting or finance related field. Experience in larger international structure. Capable of working independently and with high level management stakeholders. Strong ability to prioritize, provide clear directions and multi task. Ability to communicate confidently and clearly in English.

You have knowledge in the following areas:

• Broad knowledge of financial and operational processes, their interdependencies and how to work through them.
• Excellent knowledge of the measurement, processing and communication of financial information regarding economic entities, which aims to document the organizations’ resource management.
• Excellent knowledge of accounting and financial reporting rules, standards and manuals, along with International Financial Reporting Standards (IFRS) and General Accepted Accounting Principles (GAAP).
• Advanced knowledge of how to assess, analyze and mitigate risks in a business environment.
• Excellent knowledge of how to plan, measure financial records in compliance with internal and external regulations and ensuring value for money in reaching business objectives and long-term profitable growth
• Good understanding of data science, new technologies, analytics and their wide-ranging application in business context
• Advanced knowledge of how to create and implement change initiatives and manage stakeholders in Ingka
• Good knowledge of project management processes including methods and tools; and how to integrate them
• Good knowledge of the customer needs demands and expectations on the markets.

Your responsibilities

The Group Financial Controlling team leads the Financial Controlling Function providing support to the three core-businesses IKEA Retail, Ingka Centres and Ingka Investments. To lead, steer and support overall Ingka financial reporting that is beneficial to people & planet and protects and adds value to our assets, securing profitable growth and financial independence. By providing Accounting & Reporting services, supporting a strong compliance framework, and effective governance to enable entrepreneurship and safeguard our people, customers and businesses.

You will:

• Set up and maintain the financial structures to follow-up cost and performance and support decision making in line with global frameworks.
• Works closely together with Business Navigation to create insight in costs and performance and support business steering.
• Perform variance analysis, reviewing and challenging reported actuals and forecasts and first level of commentary
• Coordinate the budget, forecast and cost follow up of the Group and Service Functions including preparation of management reporting.
• Responsible for an efficient and effective management/service fee recharging process (calculation, recharging, agreements etc).
• Ensure relevant, complete, accurate and timely Accounting and Reporting Financial and Management reporting based on standard global frameworks and local legal requirements.
• Works with the Group framework teams and functional leadership to minimize deviations from standard global frameworks for business needs and compliance reasons and secures effective ways of working.
• Contributes to global projects to develop financial operations and reporting.
• Document internal financial controls and review of effectiveness
• Secure and maintain a connection with and between core areas, business owners, group functions, process teams within the Ingka Group.
• Secure cross-organizational readiness and continued business growth in terms of competence, performance and succession through enabling an end-to-end approach.
• Ensure a safe environment for co-workers and external consultants and contractors in accordance with Ingka policies

Together as a team

To enable business transformation and secure Ingka Group long term profitable growth and independence through financial steering and decision support, operational excellence and compliance.

Studies show that members of underrepresented communities don’t apply for jobs unless they’re 100% “qualified”. If this is part of why you hesitate to apply, we would like you to reconsider and give it a chance. Maybe your profile fits our needs much better than you think. We look forward to receiving your application.