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- Tasks: Manage SAP materials ledger and ensure accurate financial reporting of inventory.
- Company: Join Amcor, a global leader in responsible packaging solutions with over 31,000 employees worldwide.
- Benefits: Enjoy a full-time role with opportunities for growth and development in a dynamic environment.
- Why this job: Be part of a team that values safety, sustainability, and innovation in packaging.
- Qualifications: Accounting qualification or relevant experience; advanced Excel skills required.
- Other info: This is an entry-level position with potential for cross-functional collaboration.
The predicted salary is between 36000 - 60000 £ per year.
Management Accountant Inventory at Amcor
Overview
Management Accountant – Inventory role based in Winterbourne, UK. This position involves performing the SAP controlling module month-end procedures and related management accounts reporting requirements. You will maintain 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 may provide cover for the management accountant – overheads role as/when required.
Job 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.
Key Responsibilities
- 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 accurate stock valuation and gross margin position. Validate product costing for new products, product changes.
- Month End: Close materials ledger in SAP Atlas. Complete 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 with planning/operations and adjust where necessary. Prepare monthly cost of sales and stock reporting and maintain key SOX and reporting controls. Complete inventory balance sheet reconciliations. Monthly waste reporting. Zero overrun machine hours and upload future prices.
- Inventory: Work with other departments to quickly resolve SAP costings anomalies impacting the value of stock. Support planning manager with monthly stock counts and calculate value of any adjustment required. Accompany 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 train 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
- Experience in a Manufacturing environment desirable
- Advanced Excel Skills essential
- SAP (preferred) or other Manufacturing ERP system experience desirable
- Decisiveness and good judgement
- High level of accuracy and attention to detail
- Strong analytical skills
- Self-motivated
- Cross-functional role requiring excellent communication skills and 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. The company employs more than 31,000 people worldwide, operating in 40-plus countries and across more than 190 sites. Amcor is dedicated to safety and sustainability in its operations.
For more information about Amcor, visit www.amcor.com.
Seniority level
- Entry level
Employment type
- Full-time
Job function
- Accounting/Auditing and Finance
Industries
- Packaging and Containers Manufacturing
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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 boost your confidence and understanding of the system.
✨Tip Number 2
Brush up on your Excel skills, especially advanced functions like pivot tables and VLOOKUP. Being proficient in Excel will help you manage data more effectively and demonstrate your analytical capabilities.
✨Tip Number 3
Network with professionals in the accounting and finance sectors, particularly those with experience in manufacturing environments. Attend industry events or join relevant online forums to gain insights and make valuable connections.
✨Tip Number 4
Prepare to discuss your understanding of inventory management and cost accounting during the interview. Be ready to provide examples of how you've handled similar tasks in previous roles or projects.
We think you need these skills to ace Management Accountant Inventory
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and requirements for the Management Accountant – Inventory position. Tailor your application to highlight relevant experience and skills that align with these responsibilities.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in accounting, particularly in inventory management or using SAP systems. Mention specific achievements or projects that demonstrate your analytical skills and attention to detail.
Craft a Strong Cover Letter: Write a compelling cover letter that not only introduces yourself but also explains why you are a great fit for the role. Use examples from your past work to illustrate your qualifications and express your enthusiasm for working at Amcor.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for the Management Accountant role.
How to prepare for a job interview at Amcor
✨Know Your SAP Inside Out
Since the role heavily involves the SAP controlling module, make sure you brush up on your SAP knowledge. Be prepared to discuss how you've used SAP in previous roles, particularly in managing materials ledgers and resolving cost variances.
✨Demonstrate Your Analytical Skills
This position requires strong analytical skills, so be ready to showcase examples of how you've used data to make informed decisions. Think of specific instances where your analysis led to improved inventory management or cost savings.
✨Highlight Your Attention to Detail
Accuracy is crucial in accounting roles. Prepare to discuss how you ensure precision in your work, especially when it comes to financial reporting and stock valuations. Mention any tools or methods you use to maintain high standards.
✨Prepare for Cross-Functional Questions
As this role requires collaboration with various departments, be ready to talk about your communication skills and experiences working cross-functionally. Think of examples where you successfully resolved issues with other teams, particularly related to inventory discrepancies.
