Inventory Accountant

5 months ago


Wakefield, United Kingdom Card Factory Full time

Job Introduction

Cardfactory are excited to announce a new opportunity for an experienced Inventory Accountant to join our growing team. As a key player in our wider finance team, you will support the Finance Manager with inventory reporting, stocktake planning, reconciliation, and valuation of approx. £50m+ of inventory.

You will ensure that external audit requirements are met for inventory reporting, and internal customers are provided with the right inventory information to support decision making.

Outside of reporting and audit cycles, project work and process improvements will be a key focus, leveraging the newly implemented SAP system.

 We are looking for an outstanding candidate who holds professional qualifications and have strong post-qualified experience in a similar role.

Based at Junction 41 in Wakefield, with free parking and a flexible, hybrid way of working, this is a fantastic opportunity to make a real impact in our team. Colleagues are required to work in the office for a minimum of 2-3 days per week, with the expectation of additional attendance when needed.

Role Responsibility

Perform monthly inventory reconciliation to the General Ledger. Coordinate interim and year-end DC stocktakes. Ensure compliance with all external audit requirements. Serve as the SAP super-user for Inventory, including identifying and resolving system issues, and managing GR/IR accounts. Monitor Moving Average Prices (MAP) and investigate discrepancies outside of agreed tolerances. Manage store stocktakes, including year-end, interim, seasonal, and ad hoc counts. Review stock provision policy and its impact on the P&L. Identify inventory balance sheet risks and opportunities. Support the upskilling and development of Inventory Assistants. Perform additional ad hoc tasks as required by the Finance Manager - Inventory and Head of Management Accounting.

The Ideal Candidate

Essential Qualifications and Skills

Relevant Accountancy Qualification: Such as CIMA, ACCA, or ICAEW Post-qualified experience in a large retail environment Stakeholder Management: Ability to manage relationships with various internal and external stakeholders, each with different objectives and priorities. Analytical and Excel Skills: Strong analytical abilities and proficiency in Excel, with a high level of attention to detail. Independence and Teamwork: Capability to work effectively both independently and as part of a team. Workload Management: Ability to manage workload efficiently and handle potentially conflicting priorities. Proactive Attitude: Hands-on approach with a proactive, positive “can-do” attitude.

Desirable Qualifications and Skills

Inventory Finance Experience: Previous experience in managing inventory finance. Retail/FMCG Experience: Experience working in a large retail or fast-moving consumer goods (FMCG) organization. SAP Experience: Familiarity with SAP software.

About the Company

Card Factory is the UK’s leading specialist retailer of greeting cards, dressings, and gifts with over one thousand stores across the UK and Ireland. In 2020 we launched our exciting 5-year business strategy including our vision of becoming a true Omni-channel retailer. This strategy sees significant investment into our colleagues across the business creating multiple opportunities to join a fast-paced environment and be part of our exciting journey.

In return, we offer a wide range of benefits to support your physical, mental, and financial well-being.

Benefits

25% Card Factory colleague discount in-store and online Save As You Earn scheme Financial Wellbeing Support Financial Education Tools Salary Advance Seasonal incentive schemes Retail Management Apprenticeship Programmes with local providers with access to a virtual internal network for learning together Discounted mobile phone contracts Discounts across 100’s of UK retailers Employee Assistance Programme – access to tools to support mental, physical, and financial wellbeing Enhanced Family leave
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