The IKEA vision is to create a better everyday life for the many people. We do this by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible can afford them. We operate in Singapore, Malaysia and Thailand – and have an ambitious expansion plan to bring a little bit of Sweden to new markets in the region. We are part of the Ikano Group of companies and the only IKEA franchisee owned by the Kamprad family that founded IKEA.
We also develop, own and operate Shopping Centres that are anchored by IKEA and create walkable communities by including residential, office and other types of real estate in our development plans.
We work towards making sustainability a natural part of our everyday work. We are active in our communities, driving and supporting social initiatives that benefit children, women and the environment.
About the job
The Finance function safeguards the financial health of the Shopping Centre business by ensuring accurate reporting, strong governance and effective control, while providing insights that support decision-making, performance management and sustainable growth
Your assignment
- Responsible for managing tenant billing processes, including issuance of rental, utilities, marketing, other income invoices
- Perform monthly GTO rental calculations and invoice issuance.
- Monitor and follow up on outstanding receivables, ensuring timely collection within agreed terms.
- Issue reminder letters and actively chase payments, maintaining consistent communication with tenants.
- Calculate and issue late payment interest for overdue invoices.
- Perform carpark income reconciliation and ensure timely SST calculation.
- Update and track tenant collection status on a daily and weekly basis. Participate in monthly Credit Control Meetings, providing updates on collection status and issues.
- Perform weekly bank reconciliations and ensure timely resolution of discrepancies .
- Maintain accurate records and documentation, ensuring all supporting documents are properly filed.
- Support Assistant Accounting Manager and Accounting Manager in AR-related tasks, reporting, and follow-ups.
- Diploma/degree in Accounting.
- At least 3 years of relevant working experience in a similar capacity.
- Good command of Bahasa Malaysia and English. Both written and spoken.
- IT literate and proficient in MS office applications. E.g. Microsoft Word & Excel.
- Able to work independently in a fast-paced with minimal supervision.
- Able to work under challenging working environment.
- Strong attention to detail, ensuring accuracy in billing, reconciliation, and records.
- Highly organized and able to handle multiple tasks.
- Team player with good analytical and communication skills.
- Meticulous, higher level of accuracy, reliable, proactive and resourceful.
- Strong negotiator, a team player with excellent analytical skills and business acumen.
- Ability to develop rapport with all people at all levels
We hire based on our values. Watch the video and answer the following question in your application:
Is there anything or process at your current workplace that you think could be done differently from cost saving prospective
Skills Required
- Diploma or degree in Accounting
- At least 3 years of relevant experience in a similar capacity
- Good written and spoken Bahasa Malaysia and English
- Proficiency in Microsoft Office applications, including Microsoft Word and Excel
- Ability to work independently with minimal supervision
- Ability to work in a challenging, fast-paced environment
- Strong attention to detail and accuracy in billing, reconciliations, and records
- Strong organizational skills and ability to manage multiple tasks
- Analytical, communication, teamwork, negotiation, and business acumen skills
- Meticulous, reliable, proactive, and resourceful approach
- Ability to develop rapport with people at all levels
What We Do
Ikano Retail is an IKEA franchisee that operates IKEA stores and shopping centers, focusing on creating better everyday lives through retail and real estate development.
