Business Analyst Retail IKEA Dubai

  • Full time
  • Dubai, UAE
  • Posted 2 weeks ago
  • 10000-20000 AED / Month

Business Analyst in Retail at IKEA Dubai, UAE will do strategic planning, budgeting, forecasting, management reporting, business partnering, financial analysis, investments, feasibilities, automation & regional projects. Moreover, manage approvals, tracking, accounting and reconciliation of capital expenditure, fixed assets and inventory. This is an Intermediate level full time job. And salary can range between 10000-20000 AED/month.

Responsibilities of Business Analyst

  • Business/Financial Planning: Support and/or manage business/financial planning, including but not limited to strategic planning, budgeting. And quarterly forecasting in coordination with Group/ Retail Finance and business stakeholders.
  • Business/Finance planning process include guidelines, timelines, formats/templates, central inputs, analysis, consolidation, reviews, presentation, Anaplan upload, SAP & BPC validation etc.
  • Manage fortnightly Cash forecasting in coordination with relevant stakeholders.
  • Management Reporting & Financial Analysis: Prepare, analyze, and circulate daily, weekly, and monthly management information reports.
  • Develop new reports and continuous improvement of existing reports.
  • Support in testing and automation of management information/business intelligence reports
  • Variance analysis and initiate corrective actions.
  • Support with adhoc financial information, analysis and support for business functions and stores.
  • Prepare business or management review presentations.
  • Business Partnering: Participate, support, or lead initiatives/projects to drive business performance and efficiencies.
  • Proactively communicate key variances, risks and opportunities to relevant stakeholders for corrective actions.
  • Collaborate with and support business navigation community for performance improvements.
  • Fixed Assets: Plan, coordinate, procure approval for capital expenditure.
  • Manage Asset creation, capitalization, transfer, verification, and disposal of Fixed Assets.
  • Prepare and circulate Capex Tracker/Fixed Assets Register.
  • Provide samples, analysis, schedules, and information for internal and external audits.
  • Inventory: Manage inventory posting, reconciliations and alignment across systems.
  • Carry out regular inventory analysis to support liquidation.
  • Provide samples, analysis, schedules and information for internal and external audits.
  • Business Development, Feasibility Studies, Investment Committee, Approvals: Support to prepare post completion reviews or evaluations.
  • Participate in Market Potential Development Projects, prepare feasibility reports, investment committee presentations and procure approvals for new projects/investments.
  • Participate or support business development initiatives/projects like gift cards, BNPL etc.
  • Plan and maintain tracker for pre-operative expenses.

Requirements for Role of Business Analyst

  • 3 years’ experience in above roles preferably in Retail.

Skills And Knowledge Desired

  • Knowledge of MS Excel and accounting software. (preferably ERP – SAP and Navision)
  • Desirable to have detailed know how of the IKEA concept and working methods.
  • Planning, organizing, responsible, analytical, critical thinking and interpersonal skills.
  • Strong computer skills including ERP knowledge (preferably SAP, Navision) and advanced MS-Excel knowledge.
  • Good analytical and presentation skills.
  • Excellent written and verbal communication skills.
  • Financial modelling and problem-solving skills.

Accountant IKEA Dubai

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