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- Tasks: Manage SAP materials ledger and ensure accurate financial reporting of inventory costs.
- Company: Join Amcor, a global leader in responsible packaging solutions with a commitment to sustainability.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a team transforming the packaging industry while making a positive impact on the planet.
- Qualifications: Accounting qualification or relevant experience; SAP knowledge preferred.
- Other info: This role offers cross-functional collaboration and the chance to develop key business insights.
The predicted salary is between 28800 - 43200 £ per year.
Accelerate the possible by joining a winning Amcor team that’s transforming the packaging industry and improving lives around the world.
At Amcor, we unpack possibility through our innovative and responsible packaging to provide solutions that benefit our customers, our people and our planet. More than 10,000 consumers worldwide encounter our products every second and rely on us for safe access to food, medicine and other goods. We value their trust by making safety our guiding principle. It’s our core value and integral to how we do business.
Beyond this core principle, our shared values and behaviors unite us as we work together to elevate customers, shape lives and protect the future. We champion our customers and help them succeed. We play to win – adapting quickly in an everchanging world – and make smart choices to safeguard our business, our communities and the people we serve for generations to come. And we invest in our world-class team, empowering our colleagues to unpack their potential, because we believe when our people grow, so does our business.
Responsibilities
Role summary
The role of Management Accountant – Inventory involves performing the SAP controlling module month-end procedures and related management accounts reporting requirements. You will be responsible for maintaining the integrity of the SAP materials ledger including daily management and review of costings, stock variances and timely resolution of errors while ensuring Amcor policies and procedures are followed for inventory accounting. You will also provide cover for management accountant – overheads role as/when required.
Materials ledger management
- Responsible for maintaining SAP materials ledger and ensuring correct and timely financial reporting of inventory and material costs.
- Closely monitor the materials ledger for variances against standard costings to ensure that we maintain an accurate stock valuation and gross margin position. Validate product costing for new products, product changes.
Month End
- Close materials ledger in SAP atlas. Completion of key checks and reports for materials ledger close, ensuring accuracy and integrity of COS and stock data.
- Prepare and calculate inventory provisions – aging, NRV, quality & trials. Run provisions reports in SAP BI, review and discuss with planning / operations and adjust where necessary.
- Prepare monthly cost of sales and stock reporting and maintain key SOX and reporting controls.
- Completion of inventory balance sheet reconciliations.
- Monthly waste reporting.
- Zero overrun machine hrs and upload future prices.
- Work with other departments to quickly resolve SAP costings anomalies impacting the value of stock.
- Supporting planning manager with monthly stock counts and calculate value of any adjustment required. Accompanying external auditors for year-end stock count.
- Weekly inventory position reporting.
- Support with internal & external audit requests and samples.
- Other ad hoc finance tasks as requested by plant financial controller.
Other requirements
- Preparation of other site MI.
- Ensure Amcor policies and procedures are followed for inventory accounting.
- Provide cover for management accountant overheads role as/when required, and training management accountant overheads to provide cover for inventory.
- Quality
- Basic knowledge of quality standards, data integrity, and the importance of maintaining product integrity.
- Strict adherence to the organization’s hygiene rules, understanding the importance of personal hygiene and wearing appropriate protective gear to avoid compromising product quality.
Qualifications, Skills & Experience
- Accounting qualification or relevant experience
- SAP (preferred) or other Manufacturing ERP system experience desirable
- Decisiveness and good judgement
- High level of accuracy & an eye for detail critical
- Strong Analytical skills
- Self-motivated
- This will be a cross-functional role, requiring excellent communication skills and the development of an understanding of all aspects of the business
Amcor Limited (ASX: AMC; www.amcor.com) is a global leader in responsible packaging solutions, focusing on a broad range of flexible and rigid plastic packaging that enhances the products consumers use in everyday life, with 95 percent of its sales into the food, beverage, healthcare and tobacco industries. The company employs more than 31,000 people worldwide, operating in 40-plus countries and across more than 190 sites.
With more than 50 plants in 18 countries, Amcor Flexibles Europe, Middle East and Africa (AFEMEA), a division of Amcor, is a market leader and the world\’s largest supplier of flexible packaging. We deliver innovative packaging solutions and provide enhanced quality products for the food, beverage, pharma, personal care, medical and industrial markets. Its award winning approach towards sustainability makes AFEMEA the preferred partner for customers looking for responsible packaging solutions.
About Amcor
Amcor is a global leader in packaging solutions for consumer and healthcare products. With industry-leading innovation capabilities, global scale and technical expertise, we help our customers grow and meet the needs of millions of consumers every day. Our teams develop responsible, more sustainable packaging in flexible and rigid formats across multiple materials. Supported by a commitment to safety, ~70,000 colleagues across ~140 countries bring our global capabilities to local customers and provide local access to global brands. Our work is guided by our purpose of elevating customers, shaping lives and protecting the future.
NYSE: AMCR; ASX: AMCwww.amcor.com |LinkedIn |YouTube
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Management Accountant Inventory employer: Amcor
Contact Detail:
Amcor Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant Inventory
✨Tip Number 1
Familiarise yourself with SAP and its controlling module, as this role heavily relies on it. Consider taking online courses or tutorials to enhance your understanding of SAP functionalities related to inventory management.
✨Tip Number 2
Brush up on your analytical skills, particularly in relation to costings and stock variances. Practice interpreting financial data and reports, as this will be crucial for monitoring the materials ledger effectively.
✨Tip Number 3
Network with professionals in the packaging industry or those who work in finance roles within manufacturing. Engaging with them can provide insights into the specific challenges and expectations of the Management Accountant role at Amcor.
✨Tip Number 4
Demonstrate your understanding of quality standards and the importance of data integrity during interviews. Be prepared to discuss how you would ensure compliance with Amcor's policies and procedures in inventory accounting.
We think you need these skills to ace Management Accountant Inventory
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Management Accountant – Inventory. Familiarise yourself with SAP controlling modules and inventory accounting principles to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience with SAP or similar ERP systems, as well as your accounting qualifications. Be specific about your achievements in inventory management and financial reporting.
Showcase Analytical Skills: Since strong analytical skills are crucial for this role, provide examples in your application that demonstrate your ability to analyse data, resolve discrepancies, and maintain accuracy in financial reporting.
Tailor Your Cover Letter: Craft a personalised cover letter that reflects your understanding of Amcor's values and how your skills align with their mission. Mention your commitment to quality and safety, which are core principles at Amcor.
How to prepare for a job interview at Amcor
✨Understand the Role
Make sure you have a solid grasp of the responsibilities of a Management Accountant – Inventory. Familiarise yourself with SAP controlling modules and inventory accounting principles, as these will likely be key discussion points during your interview.
✨Showcase Your Analytical Skills
Prepare to discuss examples of how you've used your analytical skills in previous roles. Be ready to explain how you approach problem-solving, especially in relation to stock variances and costings, as this is crucial for the position.
✨Demonstrate Communication Skills
Since this role requires cross-functional collaboration, be prepared to highlight your communication skills. Share experiences where you've successfully worked with other departments to resolve issues or improve processes.
✨Align with Company Values
Research Amcor's core values and be ready to discuss how your personal values align with theirs. Emphasising your commitment to safety, sustainability, and teamwork can help you stand out as a candidate who fits well within their culture.
