Job Description

Accounting & Reporting Specialist - Payroll
"You care about making a positive impact in the world. You understand greatness requires thinking differently. An inclusive and accepting work environment is important to you.
A job at IKEA is so much more than home furnishings. Together, we work to make a better everyday life for the many. It's the perfect fit if you want to contribute, grow, and share. Join the team and start a better life for yourself."
Location
Bengaluru
Employment type
Full Time Permanent
Department
Finance, Accounting & Tax
Deadline
2025-06-09
Mobility support
Domestic
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Candidate profile (title) Who you are
Candidate profile (text) - Default language You are highly skilled and detail-oriented Finance Specialist to join our team, focusing on payroll accounting and treasury operations. The successful candidate will be responsible for managing comprehensive payroll accounting activities during month-end closures, ensuring accurate and timely processing of salaries and related financial obligations. This role includes critical treasury activities, such as the repayment of interest and borrowings by their due dates, maintaining an up-to-date bank guarantee (BG) tracker, initiating new BG requests, and liaising with banks to manage user access in the banking portal.
- Bachelor's degree in finance, Accounting, or a related field.
- Proven experience in payroll accounting and treasury operations.
- Strong understanding of financial regulations and reporting requirements.
- Proficiency in financial software and advanced Excel skills.
- Excellent organizational and time-management abilities.
- Strong analytical skills and attention to detail.
- Effective communication and interpersonal skills.
Key responsibilities (title) Your responsibilities
Key responsibilities (text) Payroll processing and Accounting:
- Ensuring timely processing of salaries and payroll related compliances
- Managing and ensuring comprehensive payroll accounting activities during month-end closures and compliance with regulatory standards.
- Extending cross functional allocations as per requirements to the accounting team
- Supporting CFO team with necessary information around budgeting and forecasting.
Treasury Support- Additionally, this role includes critical treasury activities, including but not limited to:
- Monitoring of cash flows and investing surplus funds in term deposits; liaising and negotiation with banks for best interest rates.
- Review short term credit facilities with banking partners both funded and non-funded including maintaining an up-to-date bank guarantee (BG) tracker, initiating new BG requests, and
- Monthly review of long-term credit facilities in place with group companies
- Maintenance of documents around borrowing facility involving preparation of necessary paperwork around repayment loan / interest on borrowings by their due dates,
- Liaising with banks to manage user access in the banking portal and other daily activities.
- Up-dating the monthly / weekly information on the Global Treasury portal
Other areas of support
- Prepare and review balance sheet schedules, ensuring all financial statements reflect accurate and verifiable information.
- Conduct thorough reviews of Travel and Expense Claims (TEC), verifying compliance with company policies and budgetary constraints.
- Share relevant financial data with the Budgeting, Reporting & Control (BR&C) Team to support financial analysis and decision-making processes.
- Share relevant financial data with Reporting & Control (BR&C) Team to support financial analysis and decision-making processes
Team vision ( title) Together as a team
Team vision (text) We see ourselves as influencers - we steer the IKEA business by finding the truth behind the figures. Together we secure compliance with local and international laws and reporting standards; we assure that accounting processes are efficient and that tax compliance meets business needs. We're a diverse group of people driven by providing reliable financial data to a wide variety of stakeholders. At the end of the day, that's one of the foundations to make IKEA even better!
WE ARE AN EQUAL OPPORTUNITY EMPLOYER:
At IKEA we value diverse backgrounds, perspectives, and skills. We are committed to providing coworkers with a work environment free of discrimination and harassment. We encourage individualism and invite you to come join our team and be yourself with us! We are an Equal Employment Opportunity employer and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristic protected by law. All employment decisions are based on qualifications, merit and business need.
Why you will love us
From the deep forests in Sweden, we have spread our culture and values around the world. At the heart of our offer are our beautiful home-furnishing products and solutions, made with care for our planet, reaching millions of customers.
At the heart of our business, are our wonderful co-workers representing diversity in all dimensions and passionate for life at home. We all contribute with our uniqueness and we want to grow and develop together.
Our vision, to create a better everyday life for the many people inspires and guides us in everything we do. This is IKEA.
What we all have in common

• Living our values
• Being your unique self, while respecting and including others
• A passion for home furnishing
• Performing & delivering while learning & developing
• Having fun!