CR/001706 Inventory Accounting Analyst
Job type: Contract – inside IR35 – PAYE Umbrella only
Salary: £31.12 per hour
Duration: LONG TERM – up to at least August 2023
Your role will be to provide all Inventory (Stock) Controlling & Accounting activities (Sales & COS) for relevant legal entities
You will ensure adherence to all internal and external reporting guidelines, accounting standards, relevant internal controls and financial governance.
As the Inventory Accounting Analyst you will be required to:
Generation and Control of accounts for all stock, raw material, work-in-progress and finished goods to satisfy legal obligations and Group reporting standards.
Revenue (Turnover) and Cost of Sales analysis and control.
Generate / support Standard Product Costing (HKprop) creation, analysis and steering for Press Work and associated components.
Steering of material cost analysis incl. off standards and subsequent management reporting
Creation and steering of material costs planning for Budget and Forecast Profit & loss and balance sheet. Steer Obsolescence, scrap and stock adjustment control process within the production technology areas.
Reporting & presentation of all accounting information to management. Impact on innovations and changes
Ensuring financial information and recommendations are clear and transparent to business at all levels to continually improve quality of deliverables to improve management decision making.
Must have clear understanding of manufacturing operations with particular emphasis on logistics to influence and emphasise the financial and control elements of the process and continually pursue process efficiencies
Continued mind-set and action towards continuous enhancement of Internal processes & control systems within sphere of control.
Ensure that processes are challenged, optimised and standardised across all entities so that change is accepted and encouraged.. Purpose and subject of the interaction/communication with internal/external interfaces, negotiating mandate
Provision of financial information to management to assist understanding and requirements for management action.
Ensuring adherence to financial policies and guidelines.
Ensure financial compliance, including supporting the design, implementation & management of appropriate processes to ensure and integrity within the internal control structures and legal requirements
Regular inter action with External and Internal Audit to give assurance and verification.
Skills, Knowledge and Experience
Minimum of Degree level or Part-Qualified Accountant (preferably UK professional body: ACA, ACMA or ACCA) with / or at least 4 years proven accounting or relevant finance experience.
Proven experience within a manufacturing finance function with strong understanding of supply chain / logistics processes.
The ability to work in networks and understand both direct and indirect influencing factors on key business decisions.
Knowledge and understanding of internal control structures, internal & external audit procedures. Knowledge and understanding of all financial processes and the related IT landscape (SAP – TOP, RWP, HHP and IFS).
Strong appreciation of manufacturing operations and logistics.
Capability to prepare and present understandable (based on target audience) management reports to associates and management as required.
You must be eligible to work in the UK to apply for this role.