Interim Inventory Accountant

Job Title: Interim Inventory Accountant
Contract Type: Temporary
Location: Wiltshire
Salary: Negotiable
Reference: JN -122020-1730989_1607946982
Contact Name: Ryan Hirons
Contact Email:
Job Published: December 14, 2020 11:56

Job Description

This is a 6 month contract covering an internal secondment. Extensive stock and inventory experience is required for this position

Client Details

My client are based in the Wiltshire area and have an excellent market reputation


The main responsibilities within this position are:

  • Review, support and oversee month end finished good and WIP unit reconciliations performed by Inventory Controller and Assistant Financial Accountant
  • Oversee and review consolidated invoicing process for defined warehouses
  • Review the investigation of all material PPV postings, analysing and resolving root causes
  • Oversight of inventory provisions including calculation, compliance with Group policy and reporting
  • Prepare the Board inventory analysis slides including commentary
  • Prepare and review other cost of sales analysis for inclusion in Board slides
  • Work closely with supply chain to highlight, report and manage inventory risks
  • Monitor daily inventory transaction postings to ensure that all notified write offs and other manual adjustments are logged, posted accurately and in a timely fashion
  • Manage process for documentation and monthly reporting of, the investigation, analysis, approval and accurate posting of all stock adjustments greater than agreed thresholds (tracking spreadsheet and KPI)
  • For recurring issues ensure root cause analysis is performed and agree improvements to current processes
  • Support international finance teams as required with inventory and related processes (for example sales invoicing, orders, warehouse interfaces)
  • Key contact for external auditors and should own the audit of Group Inventory
  • Ensure that all system product prices effecting financial transactions are accurate and consistent (Warehouses, purchase orders, supplier contracts)
  • Responsibility for ensuring bill of materials for component accounted stock are accurately set up and maintained
  • Work with supply chain & sourcing to maintain price maintenance process, including controls, monitoring, and reporting activities
  • Work closely with commercial, sourcing and financial planning teams to identify of commercial risks and opportunities resulting from changes in inventory pricing. For example, low/negative margin SKUs, unapproved supplier changes in prices or management of supplier rebates


The successful candidate for this position will have:

  • A recognised accountancy qualification (ACA/ACCA/CIMA)
  • Proven post qualification experience in a business with complex inventory processes and reconciliation requirements
  • Experience leading, coaching and developing staff
  • IFRS Financial Accounting knowledge and experience (desirable)
  • Understanding of commercial impact of inventory processes, and ability to business partner effectively to optimise these
  • Confidence in building and maintaining relationships with key members of the non-finance team
  • Technical ability to oversee and manage inventory/cost of sales financials for a business with a variety of complex trading and interco terms
  • Strong excel skills, including Vlookup, pivot tables, data manipulation and presentation at a minimum
  • Self-motivation and drive to deliver continuous improvements. Presents solutions rather than raises issues

Job Offer

A very competitive day rate is on offer and a quick start for the successful candidate