Finance Manager

Reposted 11 Days Ago
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Nantong, Jiangsu, CHN
In-Office
Mid level
Retail
The Role
Direct financial operations, manage budgeting, ensure compliance with regulations, identify cost savings, and support strategic planning.
Summary Generated by Built In
Company Description

IKEA Industry Nantong belongs to IKEA Industry, production of foil on board furniture products. It is located in the New & High-tech Industry Development Zone, Nantong, Jiangsu Province. It covers an area of around 140,000 square meters and has about 350co-workers. IKEA Industry Nantong was established in 2012, and officially went into production in August 2013. It is the first highly automated furniture production demonstration company in China invested by IKEA Industry.

Since its opening, IKEA Industry Nantong has always been aiming to realize IKEA's vision and has committed to providing customers with home furnishing products with good quality and afford-able prices. The company has created a high-quality, high-performing and competitive furniture manufactured factory with measures that increase efficiency and reduce costs by exploring new materials, investing in new technologies, Appling IKEA Production System(IPS)  concept..

IKEA Industry Nantong has always been committed to the IKEA concept of sustainable development. To operate our business in a sustainable way, to make our products from sustainable and renewable materials, we strive to have a positive impact on people and  planet, we invested in the solar panel project under the support from IKEA Industry.it is the biggest sustainability project in Asia, After the project is completed, the annual power generation reached 8 GWh one year it could be covering 50% of the energy consumption, in addition to reducing the CO2 emission approximately 5100 Ton. It also plans to convert only 6% of its remaining steam energy to renewables in FY25. All raw materials and packaging materials in our factory are FSC certified to ensure that the wood comes from high-quality managed and sustainable forests , We are also committed to turning production waste into treasure, reusing 100% of wood waste and 90% of other waste, and achieving zero landfill. Furthermore, we have  been action to protect water resources and biodiversity.

In recent years, IKEA Industry Nantong has been awarded the title of "Top 100 Enterprise" for many years by Tongzhou District, Nantong City. In 2016, it was awarded "Smart Manufacturing Workshop of Jiangsu Province"; in 2019, it was awarded the advanced “Authorized Economic Operator (AEO)”; and in 2020, it was awarded the "Level 2 Safe Production Standardized Enterprise". Also be awarded for one of the best supply quality producers and best supplier within IKEA。

In the future, IKEA Industry Nantong will continue to practice our business idea of " offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”, ensuring that the production process is safe and sustainable, constantly improving our certifications and management systems, adhering to the unique IKEA culture and values, and striving to become the role model for the home furnishing industry.

Job Description

  • Direct and manage financial operations to ensure the effective and efficient utilization of money, materials, and assets while maintaining appropriate internal controls to assure compliance with good financial policies and procedures in safeguarding the company’s assets.
  • Cost control and cost reduction projects supporting lean culture. Identify cost savings, productivity and other opportunities and propose solutions in order to establish plant control issues, correction and compliance.
  • Provide status of financial condition of the company by collecting, interpreting and reporting key financial data to support plant discussions and decision making regarding setting priorities, optimizing work flow, supporting manufacturing operations, and accomplishing other goals and objectives.
  • Ensures compliance with federal, state, local, professional and corporate requirements by researching existing and new legislation, consulting with outside auditors/advisors, and filing financial reports.
  • Facilitates the budget preparation along with developing financial business plans and forecasts.
  • Maximizes return and limits risks for including cash, investments, and other asset management.
  • Coordinates with management team strategic planning, including but not limited to goals for current and future years; financial planning for growth and expansion.
  • Consistently follow the vision and values of IKEA
  • Perform other tasks assigned by site manager.

Qualifications

  • 3 years of Finance management related experience at least, active and high energy with result driven;
  • Good at English both in writing and speaking skills;
  • Excellent analytical ability, profound knowledge in controlling, budgeting and reporting;
  • Good at communication, coordination and awareness of responsibility, with high performance in leadership;
  • Skillful in office software such as Excel, Word, PowerPoint.

Additional Information

Headcount: 1

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The Company
Zuid-Holland
200,000 Employees
Year Founded: 1943

What We Do

The IKEA vision is to create a better everyday life for the many people. Our business idea is to offer well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment. The IKEA Brand unites more than 200.000 co-workers and hundreds of companies with different owners all over the world. It’s one brand, but it reaches millions of hearts and homes. Our value chain is unique. It includes everything from product development, design, supply, manufacture and sales – and of course it begins and ends with our customers.

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