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Inventory Accounting Manager
3 months ago
Exciting opportunity to join one of the world's most well loved brands Our client is a privately owned, UK luxury good label that is growing rapidly in the UK, US, Europe and the rest of the world.
They have developed a loyal customer base over the years whilst also appealing to new generations of consumers through creative and quirky design and exceptional levels of quality.
They are looking for an accountant to join their finance team, taking on the role of Inventory Manager.Reporting in to the UK Financial Controller, this role involves collaboration with their operational and commercial teams and excellent business partnering skills.
The role:
Oversee inventory accounting and valuation processes, ensuring accuracy and compliance with accounting framework.nAnalyse and report on inventory management within the business and its sales channelsnProvide assurance on inventory holdings and valuations within the businessnProvide financial support to reconcile system inventory to the accounts; improving the integrity of data related to inventorynBuild close working relationships with Production, Sales, Logistics, Merchandising in order to provide timely and reliable inventory reports and insights supported by robust valuationsnLead projects to design and implement robust procedures and internal controls over inventory management and valuationnInvestigate and report on aged, obsolete or faulty inventory to ensure that they are appropriately costed and accounted for.nBuild methodology for inventory provision policynLead projects for developing systems to ensure accuracy over tracking, recording and valuing of inventorynSupport the development of procedures and controls around inventory movementnClear out and audit inventory locations before implementation of new ERP systemnSupport for monthly and year-end financial reporting needsnPrepare analysis and support for annual statutory audit requirements.
Knowledge and experience:
Ideally ACA, CIMA or ACCA qualified.nExperience of inventory processes and working within the finance function of a company that manage inventory.nUnderstands fundamentals around inventory accounting including valuation, transfers, landed costs, stock reconciliations etc.nAbility to critically evaluate existing processes, identifying areas for improvement, and recommending positive changes to process.
This is a permanent full-time position with hybrid working, based at their Head office in West London.
