Inventory Management Accountant

Location: South London
Salary: Competitive
Type: Full-time

Job Purpose

Joining a relatively new and highly motivated management accounts team this is a key role with a particular focus on the inventory and rent areas of the business.

Main duties and responsibilities

  • As part of the management accounts team you will be:
o Working closely with the Supplier Accounts Supervisor and other departments to develop a thorough understanding of the flow of information between systems and the accounting treatment of these stock and sales movements
  • Responsible for the month end review and reconciliations of: Shrinkage, Stock provisions, Retail store stock counts and write offs, Margin adjustments, FX uplift provisions relating to inventory purchases
  • Accounting for rent expense and accruals for approx. 95 locations under the challenges created by the current economic environment, Rent review provision, Deferred income (rent free period) accrual
o Working with the management accounts team on other various month end reconciliations
o Making improvements to existing spreadsheets, procedures and controls
o Preparation of the detailed budget workings to support rent and margin adjustment lines
o Cross training on month end processes performed by the Supplier Accounts Supervisor to ensure coverage for holidays
  • Provide assistance to the Financial Controller and Supplier Accounts Supervisor on ad hoc projects
Key Skills and Knowledge
  • Qualified Accountant ACA / CIMA / ACCA
  • Retail accounting experience
  • Be able to demonstrate first-rate accounting knowledge of inventory, practical experience preferred
  • Team Player, 'can do’ attitude
  • Ability to multi task
  • Excellent communication skills utilising various tools, critical in the current environment of distance working
  • Advanced Excel skills, including creating pivot tables, nested formulas etc
  • Pro-active approach to identify issues and escalate as appropriate
  • Accurate, thorough and well organised
  • Experience with JDA / MMS / SUN an advantage
Closing Date