Finance Executive AR

Company Description

The IKEA vision is 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 can afford them. We operate in Singapore, Malaysia, Thailand, Philippines – and have an ambitious expansion plan to bring a little bit of Sweden to new markets in the region. We are part of the Ikano Group of companies and the only IKEA franchisee owned by the Kamprad family that founded IKEA.

We also develop, own and operate Shopping Centres that are anchored by IKEA and create walkable communities by including residential, office and other types of real estate in our development plans.

We work towards making sustainability a natural part of our everyday work. We are active in our communities, driving and supporting social initiatives that benefit children, women and the environment.

Job Description

Overall responsible for Sales and Accounts Receivable function.   Provide Supporting Store Finance on daily Sales and collection reconciliations.

• Ensure the daily sales reconciliation of E-commerce are done accurately and timely manner including the posting of sales statement in the accounting system.
• Manage the platforms of e payments to reconcile commissions and deposits
• Input billing/sales invoices and assign account code/ business dimension for each invoice and post into the accounting system in a timely and consistent manner.
• Prepare and ensure timely billing to local and foreign customers including inter-companies.
• Liaise with customers/banks on collections related enquires.
• Liaise with banks for any issues related to collections.
• Reconcile collections for banks and customers and perform monthly bank reconciliations.
• Generate customer aging report and follow up long outstanding receivables.
• Reconciliation of monthly GL accounts and customer balances.
• Assist Finance Manager/Assistant Finance Manager in the preparation of monthly reports and audit schedules.
• Support and provide training to Store Accounting Assistant on daily sales and collections reconciliations.
• Co-ordinate with SO/Store to ensure the agreed deadline on monthly closing and reporting is met.
• Other ad hoc tasks related to Accounting and Finance.
• Assist and prepare schedules and documents for statutory audit, internal audit or tax audit.

Qualifications

• Bachelor’s degree in accountancy or related course
• At least 3 years working experience on Accounts Receivable role
• Proficient in Microsoft Excel
• Knowledge on Microsoft Dynamics MVBC will be an advantage
• Ability to work under pressure with tight deadlines
• Strong identification with IKEA culture and values
• Passion for finding new and better ways of doing things and attention to details
• Ability to work independently in a team and in a multinational environment, with minimal supervision

Additional Information

Please apply by 15th December 2025