Store Business Analyst

**Job ID**: REF5514N

**Date posted**: 27/09/2024

**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 and Thailand - 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** About the job**

Support the store BNOM and the rest of the store in steering the store towards growth, optimal

performance and sustained long-term profitability, in line with the IKEA objectives and values securing the desired balance between customer, commercial, people, financial and operational perspectives.

**Your assignment**
- Support the BN manager in the business plan, budget and forecast process by translating the store’s strategy and goals in Profit & Loss (P&L) scenarios using financial analysis and benchmarking.
- Lead the store’s monthly financial reporting together with the SO and store’s accounting team by timely, efficient, accurate and compliant invoice management. This responsibility involves tasks such as monitoring in Navision the consistency of sales and expense postings and accounts/cash reconciliation, ensuring at all times correct group accounting principles and regulations are applied.
- Monitor the store budget, through close follow-up of the P&L and provide regular updates to store management on the store financial position and recommend improvement measures in case of deviations and potentials, always working closely with the different business areas.
- Provide relevant and user-friendly business information on the store’s performance KPIs by training users how to use and interpret standard reports, securing correct and clear communication of daily sales figures, analyzing trends or deviations where insight is needed.
- Supporting the sales team in converting performance insight into actions towards maximizing business opportunities in the most efficient and effective way.
- Supporting correct procurement of indirect material by requesting and comparing supplier quotations, by periodic reviews on contract management, by administering purchase tool user management and by supervising that purchases are compliant to procurement principles and IWAY standards.

**Qualification** Your profile**
- Good overview of customer experience processes.
- Ability to read and communicate in English.
- Steer the business towards long-term growth and profitability.
- Interest in understanding the insights of reports and facts in order to propose actions for improving.
- Highly developed analytical and numerical skills and result oriented.
- Flexible approach to work and open to change.
- Being able to communicate clearly and succinctly both verbally and in writing
- Develop the business and deliver results
- Lead and develop people
- Inspire and clarify

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