About the Business
An opportunity to be a Commercial Management Accountant for a manufacturing company based in Redditch. This business has and gives you a fantastic chance to be a part of a productive and engaging team.
This is a varied, hands-on Senior Management Accountant Role which involves:
1. Inventory: Prepares analysis and reports on inventory on a weekly and monthly basis and provides to local management. Ensures Inventory and WIP accounts are clean and cleardowns are done in a timely manner.
2. Standard costs: Control and processing of the annual standard cost roll procedure in SAP. In addition, perform regular standard cost updates as required by the business.
3. Reports: Prepares reports analysing inventory aging to calculate provisions for Obsolete and Slow-Moving Inventory (OSMI).
4. Coordination: Assists with the coordination of the annual physical inventory preparation, count and reconciliation including book to count investigation and explanation.
5. General Ledger: Preparation and posting of accurate and timely journal entries, including but not limited to, Cost of Sales, inventory and a variety of other manufacturing variances. At all times maintaining and controlling General Ledger integrity and system processing.
6. SOX Controls:
1. Monthly: Cycle counting controls for 2 sites.
2. Quarterly: Obsolete and Slow-Moving Inventory (OSMI) control.
3. Annually: (i) Annual standard cost roll (ii) Physical inventory count.
7. External Audit: Responds to external audit requests on a timely manner and closes out open items and issues in a professional manner.
8. Reconciliations: Performs monthly balance sheet account reconciliations, which may include various accruals and prepayments, obsolete and slow-moving inventory provisions and any other requisite balance sheet reserves. Performs controls over accounts and helps meeting the companies SOX and audit requirements.
9. Reports: Provides timely, accurate and professional reports that may include daily input/output updates, weekly shipping forecasts, inventory analysis plus annual federal and state tax type schedules required by both domestic and international locations.
10. Analysis: Performs ad hoc analysis and works with operating personnel to identify cost and product cost issues and opportunities.
11. Other: Liaise with senior management to assist in the preparation of annual budget and periodic forecast returns, providing detailed breakdown of the P&L and salient balance sheet items in readiness for corporate review.
12. Monthly Orderbook Reporting
13. Reconcile Consumption balances: Investigate orders that are causing reconciling differences, then monitoring orders until items are closed out.
14. Manage National Statistics Reports
15. Quarterly Reporting: Including OSMI, Goods in Transit, IC Profit in Inventory, IC Profit in Freight and Performance Obligations.
Location / Office / Culture
The role is hybrid with only 2 days a week in their Redditch office and 3 days working from home. The company operates from a modern office consisting of a strong team, with exciting senior management to learn from.
What We Are Looking For
1. Part/Fully qualified CIMA/ACCA (or equivalent) or QBE.
2. Manufacturing experience is essential.
3. Worked with Standard Costing system.
4. Ability to identify and investigate trends and potential issues.
5. Excellent communication skills.
6. Proficient in Microsoft office applications.
Why Join the business
1. Large, growing Business.
2. Fantastic managers.
3. Hybrid Working.
About Us
We are a local accountancy recruitment specialist. We appreciate that roles are often online for a long period of time. If you want to check if this role is still live or just want more details before applying, call us directly.
Ref: VL41130 #J-18808-Ljbffr