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Costing & Inventory Accountant, Great Malvern
Client: Spectris Plc
Location: Great Malvern, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: 76c4bf836e73
Job Views: 7
Posted: 09.02.2025
Expiry Date: 26.03.2025
Job Description:
Technical Costing & Inventory Accountant
Location: Malvern UK - Hybrid
Role benefits: Competitive Salary + Bonus + Benefits + 25 holidays (plus Bank holidays) + Pension Scheme
Become part of making the impossible, possible.
About the role:
Are you able to take ownership and responsibility for reporting and analysis across multiple entities? Are you looking for a position in which you can gain knowledge and exposure, and interact across multiple areas and levels? Do you want to do this in an ambitious, fast-growing, international company with a friendly and inclusive culture? Then this might be your chance to become a part of our Financial Accounting and Control team!
In this role you will assist the Finance Department by managing the costing and inventory reporting for the global business through performing a varied range of activities as summarised below, and co-ordinate the activities to ensure accurate and timely reporting of results.
What You'll Be Doing:
1. Maintenance of standard cost prices in multiple companies and plants (about 40 plants)
2. Running periodic standard costing runs
3. Running individual costing runs for new materials; reviewing cost for manufactured materials and purchased materials
4. Maintaining purchase information records (PIR) for intercompany materials which is used for transfer pricing
5. Performing actual costing run as part of month end process
6. Analysis of revaluations and variances (standard vs actual costing)
7. Work In Progress calculations and analysis as part of month end process
8. Intercompany profit in stock elimination calculations, analysis and postings
9. Stock provision calculations, analysis and postings
10. Ensuring that stock valuations and provision calculations adhere to Spectris group policy
11. Working with Operations (BOM/Routing) and Purchasing (PIR for third party suppliers)
12. Collaboration with the Pricing Officer to validate data used in the Global Pricing System and S4HANA
13. Working with the Finance Business Partner for Operations and Local Financial Accountants/Controllers
14. Monitor global stock counts, ensuring counts completed in line with schedules and transacted appropriately
15. Inventory analysis, investigation, and correction as necessary
16. Review and update internal procedures and best practice guides, as well as hands-on business support
17. Identify and implement lean activities to streamline and simplify processes
18. Provide support for internal and external audit
About you:
A desire to improve processes, learn new skills and information, and grow in an expanding role
Good communication and interpersonal skills
Strong analytical skills, and ability to understand and interrogate data
Ability to self-manage and prioritise work, but also to engage with others
Proven commitment to achieving deadlines
SAP S4HANA & BI knowledge are desirable
Experience/understanding of inventory management and costing principles
Why Join Us?
Be a part of an ambitious, fast-growing, international company with a friendly and inclusive culture.
Drive growth within a leading global organisation whose purpose is to work with our customers, to make the world a better place.
Be a key member of our team in our amazing Malvern offices, with a hybrid working model.
Access to an onsite restaurant.
Volunteering days and much more.
Ready to make an impact? Apply now and be part of Malvern Panalytical's success story!
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