At a Glance
- Tasks: Ensure accurate inventory valuation and manage supplier claims in a fast-paced environment.
- Company: Join a dynamic team focused on supply chain excellence.
- Benefits: Competitive salary, health cash plan, life assurance, and free on-site parking.
- Other info: Opportunity for continuous improvement and career growth.
- Why this job: Perfect for problem-solvers who thrive in cross-functional collaboration.
- Qualifications: 2+ years in finance or supply chain with strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
MAIN PURPOSE OF ROLE As Supply Chain Cost Analyst, you will play a key part in ensuring the accuracy and integrity of inventory valuation and supply chain transactions across the business. Working closely with Finance and Supply Chain teams, you will help ensure stock is accurately costed, supplier claims are effectively managed, and inventory movements are properly controlled and analysed. This is an excellent opportunity for someone who enjoys problem-solving, process improvement, and working across departments in a fast-paced environment.
ACCOUNTABILITIES This role will involve the following responsibilities:
- Maintain and monitor accurate inventory valuation across the business
- Review and update average cost calculations to ensure stock reflects true landed cost
- Analyse stock adjustments within the General Ledger and investigate variances
- Monitor inter-branch stock transfers and investigate cost discrepancies
- Review freight invoices and ensure accurate allocation of costs to inventory
- Validate supplier pricing against agreed commercial terms
- Investigate discrepancies relating to pricing, quantities, and product quality
- Manage supplier claims including damaged, faulty, or short-shipped goods
- Maintain supplier rebate schedules and ensure accuracy of terms and spend tracking
- Review and manage quarantined stock and ensure timely resolution
- Monitor stock movements and investigate valuation or transfer discrepancies
- Analyse inventory cost trends and highlight anomalies
- Support cross-functional teams in resolving stock and costing issues
- Contribute to continuous improvement of inventory control and costing processes
The above list is not exhaustive.
SKILLS KNOWLEDGE & EXPERIENCE
Essential Skills & Experience
- Minimum of 2 years experience in a similar analytical, finance, or supply chain role
- Strong understanding of inventory valuation and costing principles
- Experience in finance, stock control, supply chain, or stock accounting
- Strong analytical and problem-solving skills
- Excellent attention to detail and a high level of accuracy
- Strong communication skills with ability to work cross-functionally
- Proficient in Microsoft Office package, particularly Excel and Outlook
- Experience using ERP systems (e.g. GenetiQ/Intact or similar)
- Ability to manage multiple priorities in a fast-moving environment
Desirable Skills & Experience
- Experience in wholesale, distribution or manufacturing environments
- Knowledge of landed cost calculations and inventory reconciliations
- Understanding of supplier rebates and stock adjustment analysis
Skills: Supply Chain Cost Accountant, Analytics
Benefits: Competitive Salary, Health Cash Plan, Life Assurance, Free on Site Parking
Supply Chain Cost Analyst in Newry employer: MyLife Bathrooms
As a Supply Chain Cost Analyst, you will thrive in a dynamic and collaborative work environment that values problem-solving and process improvement. Our company offers competitive salaries, a health cash plan, and life assurance, alongside opportunities for professional growth and development within the finance and supply chain sectors. Located in a fast-paced setting, we encourage cross-departmental teamwork, ensuring that your contributions directly impact our operational success.
StudySmarter Expert Advice🤫
We think this is how you could land Supply Chain Cost Analyst in Newry
✨Tip Number 1
Network like a pro! Reach out to your connections in the supply chain and finance sectors. You never know who might have a lead on a job or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills and understanding of inventory valuation. Be ready to discuss how you've tackled similar challenges in the past.
✨Tip Number 3
Showcase your problem-solving abilities! During interviews, share specific examples of how you've improved processes or resolved discrepancies in previous roles.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're serious about joining our team.
We think you need these skills to ace Supply Chain Cost Analyst in Newry
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Supply Chain Cost Analyst role. Highlight your experience in inventory valuation and costing principles, as well as any relevant analytical skills. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about supply chain management and how your problem-solving skills can contribute to our team. Keep it concise but engaging – we love a good story!
Show Off Your Skills:Don’t forget to showcase your analytical and communication skills in your application. Mention specific tools you’ve used, like Excel or ERP systems, and how they’ve helped you in previous roles. We’re keen on seeing how you can bring value to our fast-paced environment!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at MyLife Bathrooms
✨Know Your Numbers
As a Supply Chain Cost Analyst, you'll need to be comfortable with numbers and data. Brush up on your inventory valuation and costing principles before the interview. Be ready to discuss how you've used these skills in previous roles, especially any specific examples of cost analysis or stock adjustments you've handled.
✨Showcase Your Problem-Solving Skills
This role is all about problem-solving, so think of a few scenarios where you've successfully tackled challenges in supply chain or finance. Prepare to explain your thought process and the steps you took to resolve issues, particularly those involving discrepancies or supplier claims.
✨Familiarise Yourself with ERP Systems
Since experience with ERP systems is essential, make sure you're familiar with the one mentioned in the job description, like GenetiQ or Intact. If you’ve used similar systems, be prepared to discuss how you navigated them and any specific functionalities that helped you in your previous roles.
✨Communicate Cross-Functionally
Strong communication skills are key for this position. Think about times when you've worked with different departments to achieve a common goal. Be ready to share examples that highlight your ability to collaborate effectively and how you managed to keep everyone on the same page during projects.
