Inventory Controller

**Ted’s Mission Statement**
- Our Mission is to build a successful company through the creation of a leading designer brand. By conducting ourselves in an _
- efficient_
- and _
- courteous_
- manner and by maintaining Ted’s high standards and _
- integrity_
- , we pride ourselves in always being in a position to satisfy the needs of our customer. In order to protect the _
- ethos_
- and _
- persona_
- for which we have gained an enviable reputation, we always ask ourselves the question: _
- ‘Would Ted do it that way?’_**

**Where does this role fit within Ted's Team?**
- Reporting to the Global / Group Controller - Stock, the purpose of this role is to ensure accountability for the overall accuracy and completeness of UK Inventory, both physical and financial, as well as ensuring controls are in place for the management of physical inventory. Preparation and delivery of monthly financial reconciliation and adhoc reports for Inventory. Managing and processing of inventory adjustments, transfers and count adjustments. Managing 1 direct report and closely monitoring period-end activities. Business partnering with the UK 3PL providers, ensuring visibility and understanding of cost drivers for these locations.

**Main responsibilities;**
- Inventory control of physical stock and financial reconciliation of the stock ledgers in AX.
- Responsible for ensuring the system inventory quantities accurately reflects the actual physical balances across all locations in UK.
- Using Inventory management (BI) reporting and AX stock ledger to reconcile and support the balance sheet values for Inventory in the UK entity.
- Responsible for ensuring controls around inventory movement and transfers are maintained, by regularly checking unapproved/invalid locations for zero inventory values.
- Using Inventory management (BI) reporting and Financial Ledgers to reconcile and support the balance sheet values for Inventory in the UK entities.
- Financial reconciliation of landed cost elements, such as Freight and Duties, supporting periodic balance sheet values.
- Periodic reporting of management accounts reflecting accurate balance sheet values for the stock ledger.
- Responsibility for ensuring inventory adjustments and transfers are processed in AX in a timely manner.
- Ensure accurate preparation and update of all audit counts, including DC cycle counts. (Perpetual Inventory counts).
- Responsible for clear reporting of all audit results, including agreed remedial action points where required.
- Ensuring up-to-date reporting on all inventory losses and related KPIs.
- Manage scheduling and relationship with the 3rd party audit team (RGIS).
- Management and development of 1 Inventory Analyst.

**Works with;**
- UK Logistics Team.
- UK 3PL Warehouse Leadership Team & Finance Partners.
- 3rd Party inventory audit Teams. (RGIS)
- Senior Finance Reporting Team.
- UK Retail Store Teams.
- UK IT Team.

**Tools of the Trade**
- Qualified ACCA, CIMA or CA with demonstrable experience in inventory control and management accounting.
- Excellent time management with the ability to operate under pressure to meet tight deadlines while managing multiple deliverables with the flexibility to adapt to changing priorities
- Curiosity and willingness to explore challenging situations
- Ability to communicate effectively at all levels.
- Process optimization and continuous improvement mind-set.
- Good problem-solving skills.
- Advanced/Intermediate Microsoft Excel.
- Desirable: AX & BI proficient

**Benefits**
- At Ted we offer a range of benefits to keep you well including our healthcare scheme, access to Aviva’s wellbeing app to track your fitness goals and assistance from the Retail Trust when you need a little help with life’s ups and downs. If you want to cycle to work you can join our tax-free cycle scheme or if getting the train is more your thing then we’ll help with an interest free loan for an annual ticket.
- We want you to share in Ted’s success so we’ll invite you to join our corporate bonus scheme and from time to time we run a share save scheme you can join. For your longer-term financial wellbeing we’ll pay into a pension scheme for you with Aviva.
- And finally, we want you to enjoy wearing Ted We have a fantastic team discount scheme offering you a 75% employee discount, a friends and family discount scheme and the opportunity to shop in our fantastic onsite sample shop.

**Ted’s Values**
- Authentic We have the freedom to be our ‘best self’, being true to ourselves and others
- Kind We try to do the right thing: for each other, our communities, our planet and for Ted
- Curious We are hungry to explore, innovate and think differently
- Courageous We have the confidence to be brave, have fun and discover the unexpected
- Inclusive We embrace and respect individuality and celebrate difference & diversity
- Encourage **_organisation_**, high standards and efficiencies