IKEA Supply China (“ISCN”) is the wholesale business unit buying IKEA goods from Suppliers and selling to retailers in Asia Pacific region, comparable to IKEA Supply AG. As a unit equipped with finance, legal, risk, compensation & benefit, corporate communication specialists, ISCN also provides common/shared services to all Inter IKEA business units and sites in China.
Provide account payable service to Inter IKEA entities and act as a business partner providing decision making support from finance operation perspective. Responsible for invoice processing.
Verify and book commercial goods invoice, transport & logistics service invoice, indirect material & service invoice, buyer claim settlement, co-worker reimbursement and cooperate credit card reconciliation in an accurate and timely manner.
Generate payment proposal batch file to cashier according to payment schedule, and ensure accounting payable balance cleared on timely basis. Meanwhile perform journal entry for payment rejection and account payable adjustment
Follow up monthly AP Analysis Report and coordinate relevant stakeholders for resolution
Follow up monthly AP Accrual Report analysis and periodic follow up with suppliers to issue invoice.
Verify VAT invoice, deduct and reconcile VAT-in and deal with invoice issue.
Understand Working Methods and cross function processes and be responsible for development of Working Instructions.
Communicate with business partner and co-worker on AP related query and issues, and support external audit/inspection.