Store Business Analyst

2 weeks ago

Johor Bahru, Malaysia IKEA Full time

**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**
To navigate the growth of IKEA and steer the business towards sustained long-term profitability, including securing financial business performance and compliance with policies and standards.

**Your assignment**
- Support the BN manager in the business plan, budget and forecast process by translating the store’s strategy and goals into Profit & Loss (P&L) scenarios using financial analysis and benchmarking.
- Lead the store’s monthly financial reporting together with the Service Office and store’s accounting team by timely, efficient, accurate and compliant invoice management.
- Monitor the store budget, through close follow-up of the P&L, provide regular updates to store management and recommend improvement measures.
- Provide relevant and user-friendly business information on the store’s performance KPIs.
- Supporting the sales team in converting performance insight into actions towards maximizing business opportunities most efficiently and effectively.
- Supporting the BNOM in securing a safe, secure and compliant environment for our customers, suppliers and co-workers
- Supporting correct procurement of indirect material.
- Actively contributing to our drive for growth and efficient operations by benchmarking and challenging our ways of working and sharing good examples with the rest of the IKEA organization.

**Qualification**
- Degree in Business/Finance/Economics or related field.
- Result-oriented, good overview of customer experience processes.
- Flexible approach to work and open to change, curious and willing to broaden its scope of responsibilities.
- Self-reliant and motivated with proven ability to work as part of a team as well as independently.
- Being able to communicate clearly and succinctly both verbally and in writing in English.
- Willing to work on weekends, public holidays and shift.

**More Information**
Additional Information

**Working with us has its rewards**

Wherever you work within IKEA Southeast Asia, you enjoy a wide range of benefits. Here are just some of them:
**IKEA discounts**

Co-workers are our most values customers and are entitled to a 15% discount on any home furnishings and food sold in our stores, from the first day of work.

**Flexi benefits**

We offer flexi benefits to cater our co-workers who are in different life stages with differing benefits needs. Within an annual Flexible Spending Account, co-workers can claim against dental, optical, fitness memberships or classes, vaccination or immunisation, non-insured outpatient medical expenses, health screenings, health supplements, IKEA purchases, health aid & equipment and mental health.

**Maternity and paternity leave**

We give mother four consecutive months of maternity leave and father receives four weeks of paid time off after a baby has arrived to help share the joys - and responsible - at home.

**Gifts**

We enjoy special occasions together and give tokens to mark birthdays, marriage and the arrival of a baby. We reward loyalty through our Long Service Awards/

**Work environment**

As home furnish experts, we take pride in providing inspiring workplaces that showcase IKEA products and create a relaxed, open atmosphere where we work side by side.

**Incentive plan**

All co-workers may earn an annual financial reward when we meet our shared business objectives.

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