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Stock Accountant

4 months ago

Yeovil, United Kingdom Screwfix Full time

Overview

It’s a great time to join Screwfix. Thanks to the hard work of our team and record-breaking sales, we’re proud to be one of the fastest-growing retailers in the UK. And we want to pass that growth onto you.

We're looking for a qualified Accountant to join our Stock team here at Screwfix as part of the broader operational finance team. You'll line manage a team of three and be responsible for the accurate and efficient reporting of stock. In addition, system and data interrogation are critical parts of this role. You'll manage stakeholders in Supply Chain, Trading and Logistics to ensure timely and accurate reporting to Group.

This is a 12-month fixed-term contract initially. 

We believe that a hybrid, flexible working approach offers you – and your colleagues – the best of both worlds. Face-to-face collaboration is an integral part of our warm, friendly culture, so you’ll work from our head office three days a week, working flexibly around our core working hours of 10am-3pm. Beyond that, how, when and where you work is up to you. With a subsidised canteen, free parking and a comfortable, relaxed environment, we’ve worked hard to build an office you’ll want to work in. We also know that, when it comes to school pick-ups and home deliveries, it’s nice to have the flexibility to do both.

Responsibilities

Ensure strong internal controls are in place to manage and safeguard Stock whilst enabling operational efficiency. Proactive development of Stock accounting and reconciliation processes to enhance control, ensure alignment with group policies and deliver process efficiencies. Management of month-end and daily stock team processes to ensure all accounting entries are complete and accurately reflect the Stock value across the business. Build strong relationships with the commercial and operational teams, both in Head Office and on-site across the Screwfix DC and Store Network to embed stock management processes and behaviours & drive a greater understanding of stock movements. Proactive business partnering to ensure all colleagues have a clear understanding of P&L. impacts of Stock movements. Deliver the information required to provide commercial support to the rest of the business. Ownership of stock provisions and other stock adjustments, ensuring accurate calculation and reporting alongside alignment with Group accounting policies. Manage FX/Hedging requirement information provision and reporting. Ensure all Group submissions are completed accurately and on time with appropriate supporting information and commentary. Deliver management reporting, within the team, to support the business.  Complete/review statutory and other returns relating to Stock ensuring accurate and timely submission. Effectively support the forecasting and budgeting processes, providing accurate and timely information, and delivering reports with meaningful and succinct supporting commentary as required. Manage the balance sheet reconciliation process ensuring robust review of all balances to ensure the stock statements accurately reflect the true stock position each month alongside ensuring the stock balance accounts are effectively managed in line with group policy. Effective team management of Stock Assistants, to encourage personal and professional development, whilst ensuring effective delivery of the Stock Team responsibilities. Encourage wide collaboration to develop and enhance the Stock Team outputs and reputation both within and outside finance. Ensure all standard operating procedures are complete and updated annually. Ensure compliance with Group Financial Reporting Manual and Screwfix internal controls.

Qualifications

Qualified accountant. Experience of stock accounting and reporting is highly desirable. Excellent interpersonal skills and ability to communicate effectively across the business. Intermediate Excel skills as a minimum. Ability to analyse and interrogate high volumes of data to guide commercial decisions, whilst maintaining a focus on attention to detail. Ability to develop solutions to problems and identify process improvement opportunities. Experience of CODA GL and Oracle BI would be an advantage.

What’s in it for me?

You do your best when you feel your best, so we’ve chosen benefits that truly matter and support your wellbeing.

Subsidised canteen: We offer a great selection of hot and cold food at our subsidised canteen, as well as a warm, inviting place for you to eat. So whether you prefer a packed lunch or an easy life, we cater to all.

Free parking: No one wants to spend their mornings circling around the car park. So whether you have a work vehicle or not, there’ll always be a free spot for you and your car.

Parental leave policy: We offer Enhanced Family Leave for our UK and ROI based colleagues. Our policies and resources are inclusive for all parents and include enhanced pay terms and generous leave policies. We’ve put everything we think you should know on our dedicated intranet page, ready for when you need it. Find out more on our website.

Other benefits:

Award-Winning Pension Scheme 20% Discounts at Screwfix & B&Q, plus discounts at other High-Street Retailers Award-Winning Apprenticeship Schemes MyGym discounts Cycle-to-Work Scheme Enhanced Family leave Retail Trust counselling services Life cover

Sustainability at Screwfix

We’re committed to building a better future for our community and our planet. That’s why we’re doing everything we can in six key areas: eliminating carbon emissions, reducing and recycling waste, sourcing responsibly, keeping products in use for longer, selling more sustainable products and providing sustainable packaging. We’re on a mission to put sustainability at the forefront of everything we do. Join us.

We’ve worked hard to create a culture of inclusivity and genuine community. We’re a company built on teamwork, and the best teams are ones in which everyone can share their view. Whatever your background, however you identify, you’ll be listened to, encouraged, and given the tools and training you need to get ahead. You’ll always know where you are with us. We’re open. We’re fair. And we believe in opportunities for everyone.

We believe in equity for all.