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For Companies At a Glance
- Tasks: Manage inventory transactions, perform audits, and produce reports to streamline processes.
- Company: Join a rapidly growing business in Milton Keynes, expanding from £50m to £250m turnover.
- Benefits: Gain hands-on experience in a dynamic environment with opportunities for professional growth.
- Why this job: Be part of a supportive team, enhance your skills, and contribute to impactful financial processes.
- Qualifications: Experience in stock accounting, excellent IT skills, and strong communication abilities required.
- Other info: Office-based role, ideal for those who thrive in collaborative settings.
The predicted salary is between 36000 - 60000 £ per year.
NLB Solutions are working with a large business in Milton Keynes that are seeking an Accountant to deal with the inventory of the business across the entities. The company have grown from £50m to £250m t/o in a short period and are looking forward to creating processes and procedures to streamline current and future reporting. The role will report into the Financial Controller who will support the new Stock Accountant. The role needs someone that is able to be in the office 5 days a week and needs someone that has experience of working on inventory and stock in a specialist role. The role needs someone that is an excellent communicator and also have good systems skills for this role to be fulfilled fully.
Duties:
- Monitor inventory transactions, update general ledger as required, gather and analyse data, perform inventory audits and assessments, and produce regular inventory reports.
- Develop or enhance all inventory process controls.
- Write or improve process documentation with current synopsis.
- Research complex transaction histories to reconcile inventory discrepancies or inconsistencies.
- Prepare adjusting ledger or inventory entries as required according to proper policies and regulations.
- Assist quality control operations in management of quarantine stock.
- Participate in cycle counts and full count inventories, coordinating all physical inventory activities.
- Ensure all inventory counts procedures follow all relevant internal control systems.
- Provide accounting support to multiple company locations.
- Participate in all month-end closes in support of the accounting team.
- Utilise computer systems and software to process or obtain accounting data.
- Submit routine inventory control related reports.
- Support periodic and ad hoc reporting requests including external audit support, month/quarter/year-end close reporting and forecast to actual analysis.
- Assist in special projects; lead inventory problem-solving opportunities.
- Respond to enquiries regarding inventories with a sense of urgency.
- Collaborate with Operations and Finance to implement a strong inventory control environment.
- Critical-thinking skills to establish action plans and routinely assess their effectiveness, along with problem-solving skills to anticipate problems to be decided with an appropriate outcome.
Person Spec:
- Experienced Stock or Inventory Accountant
- Excellent IT skills including Excel
- Excellent communication skills
- Ability to multi-task across all areas of the business
- Solid Finance background
Stock Accountant employer: RemoteWorker UK
Contact Detail:
RemoteWorker UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Stock Accountant
✨Tip Number 1
Familiarise yourself with the specific inventory management systems used by the company. Research common software tools in the industry, such as SAP or Oracle, and consider taking a short course or tutorial to boost your skills.
✨Tip Number 2
Brush up on your communication skills, as this role requires excellent interaction with various departments. Practise articulating complex financial concepts in simple terms, which will help you stand out during interviews.
✨Tip Number 3
Prepare to discuss your experience with inventory audits and process improvements. Think of specific examples where you've successfully identified discrepancies or streamlined processes, as these will demonstrate your problem-solving abilities.
✨Tip Number 4
Network with professionals in the accounting and inventory management fields. Attend relevant workshops or webinars, and connect with people on platforms like LinkedIn to gain insights and potentially get referrals for the position.
We think you need these skills to ace Stock Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with inventory and stock management. Include specific examples of how you've improved processes or handled discrepancies in previous roles.
Craft a Strong Cover Letter: In your cover letter, emphasise your communication skills and ability to work collaboratively across departments. Mention your familiarity with accounting software and any relevant systems skills that align with the job requirements.
Showcase Relevant Experience: When detailing your work history, focus on roles where you monitored inventory transactions, performed audits, or developed process controls. Use metrics to demonstrate your impact, such as improvements in reporting accuracy or efficiency.
Prepare for Potential Questions: Think about how you would respond to questions regarding your problem-solving skills and critical-thinking abilities. Be ready to discuss specific situations where you successfully resolved inventory issues or improved processes.
How to prepare for a job interview at RemoteWorker UK
✨Showcase Your Inventory Experience
Make sure to highlight your previous experience with inventory management during the interview. Be prepared to discuss specific examples of how you've monitored inventory transactions, performed audits, and reconciled discrepancies in past roles.
✨Demonstrate Strong Communication Skills
Since the role requires excellent communication, practice articulating your thoughts clearly. Think about how you can explain complex inventory processes in a straightforward manner, as you'll need to collaborate with various teams.
✨Familiarise Yourself with Relevant Software
Brush up on your IT skills, especially in Excel and any other accounting software mentioned in the job description. Be ready to discuss how you've used these tools to enhance inventory processes or reporting in your previous positions.
✨Prepare for Problem-Solving Scenarios
Expect to be asked about how you would handle specific inventory challenges. Prepare examples of past situations where you identified problems and implemented effective solutions, showcasing your critical-thinking and problem-solving abilities.
