Accountants Payable

IKEA
King of Prussia, PA Full Time
POSTED ON 9/12/2024 CLOSED ON 10/4/2024

What are the responsibilities and job description for the Accountants Payable position at IKEA?

Hej! We are IKEA!

One brand, a full value chain, and many, many people – that’s us in a nutshell.

Spread all over the world, we have a passion for home furnishing and an inspiring shared vision: to create a better everyday life for the many people. We do this by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them.

The Inter IKEA Group is a part of Inter IKEA Systems B.V., owner of the IKEA Concept and worldwide IKEA franchisor.

IKEA Supply is responsible for securing that the product offer is produced and delivered to our customers. We lead the supply agenda across many functions and work together with all business areas, different business units, but also retail markets to secure customer availability in all markets and sales channels at lowest total cost.

IKEA Purchasing & Logistics Services (US) Inc. in King of Prussia, PA is part of our Supply Area Americas region which also has an office in Mexico City, Mexico and Curitiba, Brazil, and is a subsidiary of the Inter IKEA Group.


Job Description

You see things a little differently. So do we. We believe that what you value are more important than what your CV says. We offer positions that will challenge your skills and let you grow. We offer you more than a job!

About the job:

This is a one-year assignment where as an Accountant, you will be responsible for providing timely, accurate, comparable and understandable financial information and secure proper and efficient accounting and reporting in compliance with local, legal and tax laws and standards. You will also support the organization through relevant analysis and trainings.

About the assignment:

As an Accountant, you will:

  • Responsible for documentation and accurate handling of all incoming financial information (group mailboxes, invoices etc.) according to local as well as internal guidelines and manuals.
  • Responsible for the accurate and timely payments to vendors and co-workers: travel expense claims (TEC), vendor payments (IKEA Paying Agent), taxes (corporate tax, PIT, VAT, withholding tax), salary and petty cash management.
  • Responsible for cash & bank and other reconciliations on a regular basis, securing needed cash–flow is sufficient to cover needs.
  • Responsible for accruals for the monthly, bi-monthly-, half year- and year end closing and documentation.
  • Perform monthly variance analysis of the PL accounts to detect any discrepancies and ensure all bookings are correctly captured in the correct month.
  • Responsible for the office fixed asset management; all fixed assets are correctly tagged, maintain fixed assets records, including depreciations on Group level and local (tax) level and perform yearly physical checks
  • Responsible for reconciliation of accounts and intercompany transactions.
  • Support for financial reporting and local and legal statutory reports (SAP reporting, VAT, income tax, yearend closing).
  • Be a speaking partner for various stakeholders.
  • At any time, act as an ambassador of Inter IKEA values and contribute to the global BNFA agenda and projects.

Qualifications

Qualifications:

About you:

  • Degree in Accounting, Finance, OR relevant experience
  • Knowledge of tax, financial processes, and general accounting procedures
  • Excellent MS office skills
  • Good in organizing tasks and willing to take responsibility
  • Capability to handle sensitive information with high integrity
  • 1-3 years of experience in accounting/reporting is an advantage
  • 1 year in similar position is an advantage
  • Be a team player

Additional Information

At IKEA, we value diverse backgrounds, perspectives, and skills. We are committed to providing coworkers with a work environment free of discrimination and harassment. We encourage individualism and invite you to come join our team and be yourself with us!

We are an Equal Employment Opportunity employer and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristic protected by law. All employment decisions are based on qualifications, merit and business need.

Want to learn more about current opportunities? Come say Hej (hello in Swedish) here: https://about.ikea.com/en/work-with-us

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