We are seeking a highly skilled and driven Management Accountant to join an amazing finance team at a large organisation based in Leicester. In this role, you will take a lead in the financial management of stock and inventory, ensuring accurate accounting, analysis, and reporting. You will play a pivotal role in improving stock management processes while providing strategic financial insight to senior management across the business.
Key Responsibilities
Lead the preparation of management accounts, with a specific focus on stock accounting, including stock valuation, stock movement analysis, and variance reporting.
Perform detailed stock analysis, identifying trends, inefficiencies, and opportunities to improve stock utilisation and reduce waste.
Manage and improve processes related to inventory accounting, ensuring accurate reporting of stock in line with company policies and accounting standards.
Collaborate with operations and supply chain teams to ensure effective stock control and timely reconciliation of stock levels.
Provide comprehensive financial analysis on stock-related KPIs, including stock turn, obsolescence, and shrinkage.
Work closely with department heads on budgeting, forecasting, and financial planning, particularly relating to inventory and stock management.
Manage the month-end process, ensuring accurate financial reporting on stock balances, variances, and provisions.
Support the business in cost control measures by providing insights into stock-related cost drivers and opportunities for efficiency.
Lead and develop a finance team, promoting best practices in stock accounting and inventory control.
Ensure strong internal controls and compliance with regulatory standards in all stock-related financial processes.
Key Requirements
Fully qualified ACA/ACCA/CIMA accountant.
Extensive experience in stock or Management accounting within a large or complex organisation.
It would be beneficial if you have an understanding of stock valuation methods, stock management processes, and financial reporting related to inventory.
Advanced Excel skills and experience with ERP systems, particularly in managing stock data.
Excellent analytical and problem-solving skills.
Proven experience in managing the month-end close for stock, including reconciliations and adjustments.
Strong communication skills, with the ability to present financial data to non-finance stakeholders.
Ability to work under pressure, managing multiple priorities and deadlines.
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