Accounting & Reporting Specialist - Payroll at IKEA

Job Description

You are highly skilled and detail-oriented Finance Specialist to join our team, focusing on payroll accounting and treasury operations. The successful candidate will be responsible for managing comprehensive payroll accounting activities during month-end closures, ensuring accurate and timely processing of salaries and related financial obligations. This role includes critical treasury activities, such as the repayment of interest and borrowings by their due dates, maintaining an up-to-date bank guarantee (BG) tracker, initiating new BG requests, and liaising with banks to manage user access in the banking portal. - Bachelors degree in finance, Accounting, or a related field. - Proven experience in payroll accounting and treasury operations. - Strong understanding of financial regulations and reporting requirements. - Proficiency in financial software and advanced Excel skills. - Excellent organizational and time-management abilities. - Strong analytical skills and attention to detail. - Effective communication and interpersonal skills. Your responsibilities Payroll processing and Accounting: - Ensuring timely processing of salaries and payroll related compliances - Managing and ensuring comprehensive payroll accounting activities during month-end closures and compliance with regulatory standards. - Extending cross functional allocations as per requirements to the accounting team - Supporting CFO team with necessary information around budgeting and forecasting. Treasury Support- Additionally, this role includes critical treasury activities, including but not limited to: - Monitoring of cash flows and investing surplus funds in term deposits; liaising and negotiation with banks for best interest rates. - Review short term credit facilities with banking partners both funded and non-funded including maintaining an up-to-date bank guarantee (BG) tracker, initiating new BG requests, and - Monthly review of long-term credit facilities in place with group companies - Maintenance of documents around borrowing facility involving preparation of necessary paperwork around repayment loan / interest on borrowings by their due dates, - Liaising with banks to manage user access in the banking portal and other daily activities. - Up-dating the monthly / weekly information on the Global Treasury portal Other areas of support - Prepare and review balance sheet schedules, ensuring all financial statements reflect accurate and verifiable information. - Conduct thorough reviews of Travel and Expense Claims (TEC), verifying compliance with company policies and budgetary constraints. - Share relevant financial data with the Budgeting, Reporting & Control (BR&C) Team to support financial analysis and decision-making processes. - Share relevant financial data with Reporting & Control (BR&C) Team to support financial analysis and decision-making processes