Financial Planning

**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 and 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** About the job**

The Financial Planning and Analysis Manager is responsible for the financial planning, performance analysis, and management reporting for the shopping centre and property businesses. The role involves managing the financial aspects, creating strategies, developing key business metrics and operational decisions while ensuring business targets are met. The Manager is also tasked to identify financial risks of the businesses, develop crisis management plan, and implement mitigation measures.

**Your assignment**
- ** Budget Development**: Develop and manage annual budgets and forecasts for shopping centre operations, supported by economic factors, market analysis, and business needs.
- ** Financial Strategy**: Develop and implement financial strategies to align with business objectives and long-term goals.
- ** Financial Analysis**: Conduct in-depth financial analysis to evaluate shopping centre performance, identify trends, and provide insights for optimizing profitability and efficiency.
- ** Reporting**: Prepare regular financial reports for senior management and stakeholders, highlighting key performance indicators (KPIs) and financial metrics.
- ** Strategic Translation**: Translate organizational strategy into actionable business plans and establish measurable targets for continuous improvement.
- ** Expense Control**: Monitor and control operating expenses, ensuring adherence to budgetary guidelines, and coordinate centralized cost allocation exercises.
- ** Capital Investment Evaluation**: Evaluate potential capital investments and expansion projects for shopping centres, conducting cost-benefit analyses and providing financial recommendations.
- ** Process Efficiency**: Drive automation and efficiency improvements within the Business Navigation department, developing, maintaining, and revising policies, procedures, processes, and internal controls to ensure proper governance practices and adherence.

**Qualifications** Your profile**
- Bachelor’s Degree or professional qualification in Finance or Accounting and a member of a recognized professional body (CPA/ACCA/CIMA etc).
- Minimum 8 years of relevant experience with at least 5 years in a management role.
- Strong and broad knowledge of Retail and Commercial Real Estate Business.
- Possess good knowledge of accounting, finance, and tax principles, expert knowledge of Profit and Loss, and key performance measurements.
- Expert knowledge of financial analytics, along with a good understanding of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
- Analytical and strategic thinking skills.
- Financial responsibility and budgeting experience.
- Expert knowledge of MS Office Excel and reporting skills.
- Able to work independently, agile towards changes, and favourable toward challenges.

**Additional Information