Store Business Analyst null

Responsibilities

• Support the store in steering the store towards, growth, optimal performance and sustained long-term profitability, in line with the IKEA objectives and values securing the desired balance between customer, commercial, people, financial and operational perspectives.
• Secure the team, timely and compliant execution of administrative tasks and financial reporting, budget monitoring and production of relevant information to facilitate navigation within the store.
• Support through performance monitoring the commercial departments to optimise sales and long-term, sustained profitability within our home furnishing businesses while ensuring an enjoyable, convenient and successful shopping and buying experience.
• Support the Business Navigation & Ops Manager in the business plan, budget and forecast process by translating the store’s strategy and goals in Profit & Loss (P&L) scenarios using financial analysis and benchmarking.
• Monitor the store budget and recommend improvement measures in case of deviations and potentials, always working closely with the different business areas.
• Provide relevant and user-friendly business information on the store’s performance KPI’s.
• Supporting the sales team in converting performance insight into actions towards maximising business opportunities in the most efficient and effective way.
• This responsibility involves tasks such as setting the daily sales estimates together with the commercial activities shopkeeper and the Business Navigation & Ops Manager, using a deep understanding of the different Gross Margin lines to consult on gross profit steering, informing on gaps vs the sales plan and recommending actions to correct underperformance or to tap into commercial opportunities.
• Actively contributing to driving for growth and efficient operations by benchmarking and challenging our ways of working sharing good examples with the rest of the IKEA organisation

Qualification

• Good overview of customer experience processes.
• Steer the business towards long-term growth and profitability.
• Constantly look for more effective ways of working.
• Interested in understanding the insights of reports and facts in order to propose actions for improvement.
• Highly developed analytical and numerical skills Result oriented.
• Interested in people’s everyday life at home and home furnishings.