RetailThe foundation of Al-Futtaim’s retail network was established in the early 1990s with the launch of the internationally renowned and popular IKEA, Marks & Spencer, Toys R Us and ACE franchises in the UAE. Representing some of the world’s most popular international brands, Al-Futtaim’s retail network extends throughout the UAE, GCC and North Africa and has a significant presence in Singapore and Malaysia following the acquisition of The Robinson Group in 2008. In 2012, Al-Futtaim acquired a shareholding in Royal Sporting House, which is active in distribution, direct retail stores and shop-in-shops. The Singapore-based fashion, sports and lifestyle retail giant has 600 stores and many additional points of sale are spread around the world with over 399 in South East Asia, over 74 in the Middle East and over 126 in the South Pacific region. - 837 stores in 18 countries- Occupies 5.6 million sq. ft. of retail space- 13,000 employees - Serves 30 million customers each yearIKEAIKEA is the world's largest home furnishings store, founded in Sweden over 60 years ago. Our operations around the world are constantly increasing with new stores and markets added to the success story.At IKEA not only our furniture is down to earth, straightforward and inspiring, but so is our work ethics. Despite being the leading home furnishing retail franchisee across the world, we at IKEA still give you the room to grow! At IKEA "creating a better everyday life for the many" isn't only our vision, it's our way of life!About The Vacancy
We are seeking to hire a Business Navigator to manage and control the cash office functions and ensures daily/weekly and monthly routines are followed.  To audit the entire store to ensure that previous audit reports are followed with documented checks are in place. Continue to investigate areas of the store that could lead to possible stock losses and fraud if routines are not updated and communicated. Understand and help the Store Manager and Management Team to control expenses in the P&L for the store and identify areas of opportunities and highlight out of line situations. Your Job responsibilities will be including but not limited to the following :
* Ensure that accurate reports are provided to the Store/Regional Office personnel consistently to meet reporting deadlines
* Maintain data archives in the system to facilitate easy access when required
* Audit measures to make sure that Daily reconciliation of Collections are true and fair in all aspects.
*  Support Service office in creating, Amending SOP's based on improving the operational efficiency but without compromising the operational standards.
* Supervise the following - Below are not exclusive, however a priority

               -Daily reconciliation of store takings & reporting.

               -Forex Recon and monitoring of exchange rates.

               -Cheques collection and control.

               -Tallying of safe fund daily.

               -Credit Card Reconciliation.

               -Gift Vouchers redemption and reconciliation.

               -Banking of the various tender types.

               -Store Petty Cash.
* Work with Line Managers in order to provide P&L and other
* KPI's to support in productivity measurements.
* Provide weekly and monthly periodic reports to the Management Team regards Business performance.
* Conduct relevant Delft audits and work with Cross Management Teams.
* Work with Line Manager Stakeholders in order to maintain proactive relationships with external suppliers and contractors on a regular basis to reduce costs of stationary and to question LPO's and the reason for the spend.
* The total store admin controls must be looked into based on a scheduled basis and feedback should be communicated to the CRM and Store Manager. All areas of the store: goods receiving/home delivery/checkouts/cash of

Job Details

Date Posted: 2016-01-12
Job Location: Egypt
Job Role: Accounting/Banking/Finance
Company Industry: Retail/Wholesale

Preferred Candidate

Career Level: Management

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Business Navigator | IKEA | Cairo Festival City | Cairo, Egypt - Al Futtaim Group
Business Navigator | IKEA | Cairo Festival City | Cairo, Egypt - Al Futtaim Group jobs

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