Senior Inventory Analyst
3 weeks 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 a qualified accountant/inventory analyst to join their finance team and to support the business as a whole. 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.
- Analyse and report on inventory management within the business and its sales channels
- Provide assurance on inventory holdings and valuations within the business
- Provide financial support to reconcile system inventory to the accounts; improving the integrity of data related to inventory
- Build close working relationships with Production, Sales, Logistics, Merchandising in order to provide timely and reliable inventory reports and insights supported by robust valuations
- Lead projects to design and implement robust procedures and internal controls over inventory management and valuation
- Investigate and report on aged, obsolete or faulty inventory to ensure that they are appropriately costed and accounted for.
- Build methodology for inventory provision policy
- Lead projects for developing systems to ensure accuracy over tracking, recording and valuing of inventory
- Support the development of procedures and controls around inventory movement
- Clear out and audit inventory locations before implementation of new ERP system
- Support for monthly and year-end financial reporting needs
- Prepare analysis and support for annual statutory audit requirements.
- Liaise with auditors as required
Knowledge and experience:
- Ideally ACA, CIMA or ACCA qualified.
- Experience of inventory processes and working within the finance function of a company that manage inventory.
- Understands fundamentals around inventory accounting including valuation, transfers, landed costs, stock reconciliations etc.
- Ability to critically evaluate existing processes, identifying areas for improvement, and recommending positive changes to process.
- Strong communication and interpersonal skills in order to build relationships with operational teams to identify and support their needs
- Ability to work in an environment where not all processes are fully developed and documented
- Strong Excel skills with experience of working with large data sets
This is a permanent full-time position with hybrid working, based at their Head office in West London.
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