Accountant - Service Office

11 hours ago

Kuwait City, Al Asimah IKEA - Al Homaizi Limited Full time 20,000 - 30,000 per year
Company Description

About IKEA Kuwait

IKEA is the leading Life at Home brand in Kuwait. We offer well-designed, functional, and affordable, good quality home furnishing beautiful solutions, produced with care for people and the environment. There are several companies with different owners, working under the IKEA Brand, all sharing the same vision: to create a better everyday life for the many people.

IKEA has been in Kuwait for more than 40 years, operated by Al Homaizi Limited and is very well established in Kuwait. IKEA has 6 stores in Kuwait, IKEA The Avenues, The Warehouse, 360, Assima Mall, Khiran Mall and IKEA For Business in Shuwaikh.

Who we are and how we work

We believe in people. We have an optimistic attitude in the way we are and in the way we do things. We believe in diversity, equality and inclusion because they increase our understanding of our customers and each other. We empower and develop our teams through on-job intensive trainings, working together and providing an international and diverse workplace.

In IKEA, every job is different, and every day is different. Are you up to the challenge to join our dynamic and creative work environment?

Job Description

To perform and coordinate routine accounting activities, ensuring the accurate and timely processing of transactions, reconciliations, reporting and compliance within the accounting function.

Accounting Operations

  • Perform daily accounting transactions including recording journal entries, reconciling accounts, and maintaining general ledger accuracy.
  • Ensure timely processing of supplier payments and accurate recording of accounts payable.
  • Monitor and follow up on customer receivables and credit terms.
  • Maintain and reconcile petty cash and employee expense claims.
  • Prepare monthly bank reconciliations and investigate discrepancies.
  • Support accruals, provisions, and prepayment schedules in line with accounting principles/ IFRS.

B. Reporting and Compliance

  • Assist in monthly, quarterly, and annual closing activities.
  • Prepare and submit internal management reports, schedules, and ad hoc analyses as required.
  • Support statutory audit processes, ensuring proper documentation and audit trail.
  • Ensure compliance with internal policies, accounting principles/IFRS, and relevant tax and regulatory requirements.

C. Systems and Process Improvement

  • Maintain accuracy of master data in ERP and accounting systems.
  • Support the implementation or enhancement of ERP and digital finance tools.
  • Identify process gaps or control weaknesses and propose improvements.
  • Contribute to the development and documentation of standard operating procedures (SOPs).

D. Collaboration and Communication

  • Liaise with internal stakeholders/departments to ensure smooth flow of financial data.
  • Coordinate with external parties such as auditors, banks, suppliers, and regulatory authorities when required.
Qualifications
  • Bachelor's Degree in Accounting, Finance, or Economics
  • Part qualification such as CA/ ACCA / CPA / CIMA or equivalent is a plus.
  • Minimum 2–3 years of relevant experience in accounting or finance.
  • Experience working with ERP systems and financial reporting tools.
  • Strong proficiency in Microsoft Excel and general IT literacy.
  • Exposure to retail or multi-location business environments is an advantage.

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