Supplier Financing Specialist (80-100%)

IKEA Supply AG (ISAG) is the wholesale company within the Inter IKEA Group belonging to IKEA Supply, owning the goods in the IKEA Distribution and Regional Customer Distribution Centers worldwide. The main functions located at ISAG are Transport & Logistics Services, Supply Chain Development and Finance.

The Finance organization at IKEA Supply AG (ISAG) is responsible for financial matters of the entity including among other financial planning, performance reporting, decision-making support, pricing, external accounting and reporting, tax management, customs and connected business development. We register financial transactions and secure compliance with local and international accounting and tax regulations/standards.

The purpose of the Supplier Financing Specialist function is to globally administrate and control loans applications from IKEA suppliers and monitor and administrate financing of tools to be used by suppliers for production of IKEA products.

About the job

As Supplier Financing Specialist you support business teams and IKEA suppliers towards optimize development and performance. You also secure the effective procedures, maintenance of all necessary controls and co-ordination and cooperation between the different IKEA Supply Chain units and IKEA Supply AG.

In the assignment you will:

• Verify (correctness, compliance), analyse (financial risk), assess loan applications and secure proper approval process

• Review loan agreements according to IKEA standards

• Follow-up loan outcome, repayment, securities and balance confirmations, including monthly reconciliations

• Approve credit disbursements

• Verify investment applications, prepare agreements and disbursements for equipment (moulds) according to IKEA standards and VAT regulations

• Secure that mould investments and loan data bases and registers are up to date

• Keep an overview of the supplier finance loan- and mould investments

• Prepare correct global loan and mould exposure reports on time

• Take part in the half- and year-end closing activities

• Ensure proper communication to stakeholders

About you

To be successful in this role you should have/be:

• Commercial education or equivalent work experience

• Experience in analysis of financial statements

• Solution oriented mindset

• Willingness to ask "Why”

• Good analytical and numerical skills, enjoy working with systems

• Good knowledge of accounting rules

• Basic knowledge of VAT regulations

• Fluency in English is mandatory

At IKEA, we continuously look for better ways of working, following our vision to create a better everyday life for the many people. It is in our culture to work together and to be open, straightforward and inclusive. If this sounds like an environment you could enjoy working in, please send your CV and Cover Letter (in English) until the 14th of May 2023.

For further information about the role please contact Aleksandra Wiewióra (aleksandra.wiewiora@inter.ikea.com), Supplier Financing Manager. For questions about the recruitment process feel free to contact Olivia Trombini (olivia.trombini@inter.ikea.com), People & Culture Generalist.

We are looking forward receiving your application!

About IKEA

At IKEA, we do things a little different. We think, differently. Act, differently. And work differently as well. We like to break things. Like rules. And then make things. Like music-playing lamps. And beds disguised as sofas. Even plantballs that help us look after our planet. It’s all part of our vision - to create a better everyday life for the many. And it’s been keeping our co-workers going for over 75 years. By 2030, we hope to help millions more look forward to going home. Maybe you can help us.

IKEA Supply is responsible for securing that the product offer is produced and delivered to our customers. We lead the supply agenda across many functions and work together with all business areas, different business units, but also retail markets to secure customer availability in all markets and sales channels at lowest total cost.

At IKEA we believe that we’re better when we’re physically together for collaboration, dialogues and conversations. We believe in the power of human interactions; the informal chats, the energy, belonging and creativity generated by people being in the same place. Our approach is that we spend most of our time in the IKEA workplace and with flexibility to work from home when relevant.

Another thing fuelling our success is our values-based culture. While we are unique individuals with endless differences, something we share is our commitment to lead by example, work together, find better ways and to get things done. We believe in life-long learning, where we all play a part in helping each other (and our business) grow.

Read more about us athttps://about.ikea.com