Inventory Management Specialist
4 weeks ago
This is a fantastic opportunity for an experienced professional to join a dynamic and growing medical manufacturing company as an Inventory Accounting Manager. The company has experienced significant growth in recent years and is now looking to bring its manufacturing/assembly function in-house, requiring an Inventory Accounting Manager to set up and take ownership of the process.
Key Responsibilities:- Inventory Accounting and Valuation: Manage and maintain accurate inventory records, including valuation and reporting.
- Inventory Management: Analyze and report on inventory management, identifying areas for improvement and implementing changes to optimize inventory levels.
- Inventory Reporting: Provide regular inventory reports to stakeholders, including production, sales, logistics, and merchandising teams.
- Process Implementation: Lead the implementation of new processes and methodologies for in-house production, ensuring seamless integration with existing systems.
- Inventory Reconciliation: Reconcile inventory to accounts, ensuring data integrity and accuracy.
- Business Partnering: Collaborate with production, sales, logistics, and merchandising teams to provide inventory insights and support valuations.
- Inventory Control: Design, manage, and implement procedures and controls for inventory management and movement.
- Aged and Obsolete Inventory: Manage aged, obsolete, or faulty inventory, ensuring accurate costing and accounting.
- System Development: Develop and implement systems for accurate tracking, recording, and valuing of inventory.
- Quarterly Audits: Conduct quarterly audits of inventory to ensure accuracy and compliance.
- Financial Reporting: Support month- and year-end financial reporting, including statutory audits as required.
- Qualifications: Qualified ACA, CIMA, ACCA, or QBE, or experience in an inventory role.
- Inventory Experience: Experience working with inventory, understanding valuations, transfers, stock, etc.
- Independence and Ownership: Ability to take ownership of tasks and work independently.
- Improvement Focus: Ability to identify areas for improvement and work in a fast-paced business environment.
- Technical Skills: Strong Excel skills and ability to work with large data sets.
- Communication: Excellent communication skills.
- Enthusiasm and Drive: Enthusiastic and driven individual.
This is a fantastic opportunity to join a dynamic and growing company, with flexible working options available, including hybrid working, 25 days' leave plus bank holidays, a company bonus, and much more.
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Oxford, Oxfordshire, United Kingdom Hays Senior Finance Full timeJob DetailsYour new roleThis is a fantastic opportunity to join a leading medical manufacturing company as an Inventory Accounting Manager. The company is growing rapidly and is looking for an experienced professional to help set up and manage their in-house production line.As the successful candidate, your duties will include:Managing inventory accounting...
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