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- Tasks: Manage inventory operations and ensure financial accuracy for a cutting-edge F1 team.
- Company: Join the innovative Cadillac Formula 1® Team, where ambition meets excellence.
- Benefits: Enjoy competitive pay, generous time off, and career development opportunities.
- Why this job: Be part of a historic team and make a real impact in the world of F1.
- Qualifications: CIMA/ICAEW/ACCA qualified with experience in inventory or cost accounting.
- Other info: Dynamic environment with a commitment to diversity and sustainability.
The predicted salary is between 45000 - 55000 £ per year.
The Cadillac Formula 1® Team is seeking a detail-oriented and proactive Inventory Accountant to support inventory operations and ensure financial accuracy. This role is pivotal in maintaining the integrity of inventory records, enforcing compliance with internal policies, and driving timely month-end close processes. You’ll play a key role in cost control, financial reporting, and operational decision-making – directly impacting race-critical inventory and cost cap compliance.
Responsibilities
- Month-End Close & Financial Reconciliation
- Perform pre-close checks, post journals, and reconcile inventory with GL accounts
- Prepare and review Balance Sheet reconciliations, support variance analysis
- Ensure inventory expenses and COGS reporting align with policy
- Inventory Control & Compliance
- Conduct physical inventory checks and internal control testing
- Monitor inventory accuracy and resolve costing variances
- System Accuracy & Maintenance
- Test and validate IFS system controls and maintain overhead absorption rates
- Planning & Analysis
- Support inventory forecasting, budgeting, and costing analysis
- Collaborate with Finance Business Partners to align inventory data with financials
- Collaboration & Continuous Improvement
- Build cross-functional relationships and stay current with industry developments
- Identify and implement process improvements
Requirements
- CIMA / ICAEW / ACCA qualified with PQE experience
- Experience in inventory or cost accounting within manufacturing
- Strong grasp of inventory valuation and financial controls
- ERP system experience (IFS, SAP, Oracle)
- Excellent analytical and problem-solving skills
- Strong communication for cross-functional collaboration
Additional Information
A team like no other. The Cadillac Formula 1® Team challenges conventions and redefines success through bold ambition, cutting-edge innovation, and an unwavering commitment to precision and excellence—on and off the track. This includes offering industry-leading pension, generous time off and, as part of a global brand, huge potential for career development. As an equal opportunities employer, we are committed to the equal treatment of all current and prospective employees and do not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy or maternity, race or ethnicity, religion or belief, gender identity or marriage and civil partnership. We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply. At The Cadillac Formula 1® Team, all Team Members are expected to actively support and uphold our policies and procedures, including those focused on Environmental responsibility, Sustainability initiatives, Inclusion and Health and Safety practices. Please note that additional security checks may be required as part of the recruitment process. This may include a background check covering a minimum of the past five years and a criminal record check.
Inventory Accountant in Silverstone employer: Cadillac Formula 1® Team
Contact Detail:
Cadillac Formula 1® Team Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Inventory Accountant in Silverstone
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those connected to the Cadillac F1® Team. Attend events, join online forums, and don’t be shy about sliding into DMs on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by diving deep into the team’s culture and values. Understand what makes the Cadillac F1® Team tick and be ready to share how your skills align with their bold ambition. Show them you’re not just another candidate; you’re the perfect fit!
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience in inventory accounting and how it can impact their operations. Keep it concise but impactful—think of it as your personal highlight reel that showcases your strengths.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Cadillac F1® Team. Let’s get you on that grid!
We think you need these skills to ace Inventory Accountant in Silverstone
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Inventory Accountant role. Highlight your experience in inventory or cost accounting, and don’t forget to mention your qualifications like CIMA, ICAEW, or ACCA. We want to see how your skills align with our bold ambition!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about joining the Cadillac F1® Team and how you can contribute to our mission. Be genuine and let your personality come through – we love seeing passion!
Showcase Your Analytical Skills: As an Inventory Accountant, strong analytical skills are key. In your application, provide examples of how you've used these skills in past roles, especially in financial reporting or inventory control. We’re looking for detail-oriented folks who can drive improvements!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our team culture there!
How to prepare for a job interview at Cadillac Formula 1® Team
✨Know Your Numbers
As an Inventory Accountant, you'll need to demonstrate a solid grasp of financial metrics and inventory valuation. Brush up on key accounting principles and be ready to discuss how you've applied them in previous roles. This will show your potential employer that you can hit the ground running.
✨Showcase Your Analytical Skills
Prepare to share specific examples of how you've tackled complex inventory issues or reconciliations in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers, highlighting your problem-solving abilities and attention to detail.
✨Familiarise Yourself with ERP Systems
Since experience with ERP systems like IFS, SAP, or Oracle is crucial, make sure you can discuss your familiarity with these tools. If you’ve worked with any similar systems, be ready to explain how you used them to enhance inventory accuracy and compliance.
✨Emphasise Collaboration
The role requires cross-functional collaboration, so think about times when you've successfully worked with other teams. Be prepared to discuss how you built relationships and communicated effectively to achieve common goals, as this will resonate well with the team-oriented culture at Cadillac.