At a Glance
- Tasks: Ensure accurate inventory valuation and manage supply chain transactions across the business.
- Company: Join a dynamic team in a fast-paced environment focused on continuous improvement.
- Benefits: Enjoy a competitive salary, health cash plan, life assurance, and free on-site parking.
- Other info: Opportunity to grow your career while working with innovative supply chain processes.
- Why this job: Perfect for problem-solvers who thrive in cross-functional collaboration and want to make an impact.
- Qualifications: 2+ years in analytical, finance, or supply chain roles with strong attention to detail.
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 JBLE1_NI in Newry employer: MyLife Bathrooms
As a Supply Chain Cost Analyst at our company, you will thrive in a dynamic and collaborative work environment that values problem-solving and process improvement. We offer competitive salaries, a health cash plan, life assurance, and free on-site parking, ensuring that our employees feel valued and supported. With opportunities for professional growth and development, you will be part of a team that is committed to excellence and continuous improvement in supply chain management.
StudySmarter Expert Advice🤫
We think this is how you could land Supply Chain Cost Analyst JBLE1_NI 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 past roles.
✨Tip Number 3
Showcase your problem-solving abilities! During interviews, share specific examples of how you've improved processes or resolved discrepancies in previous jobs.
✨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 JBLE1_NI in Newry
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your analytical skills and any relevant experience in supply chain or finance roles to catch our eye!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Supply Chain Cost Analyst role. Share specific examples of how you've tackled similar challenges in the past and how you can contribute to our team.
Showcase Your Problem-Solving Skills:Since this role involves a lot of problem-solving, make sure to include instances where you've successfully resolved issues in inventory valuation or cost discrepancies. We love seeing how you think on your feet!
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’s super easy!
How to prepare for a job interview at MyLife Bathrooms
✨Know Your Numbers
As a Supply Chain Cost Analyst, you'll need to demonstrate your understanding of inventory valuation and costing principles. Brush up on key metrics and be ready to discuss how you've applied them in previous roles. This shows you’re not just familiar with the concepts but can also use them effectively.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled challenges in inventory management or cost discrepancies. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will highlight your analytical skills and ability to improve processes, which is crucial for this role.
✨Familiarise Yourself with ERP Systems
Since experience with ERP systems is essential, make sure you can discuss your familiarity with tools like GenetiQ or Intact. If you’ve used similar systems, be ready to explain how you navigated them and what insights you gained from the data.
✨Communicate Cross-Functionally
This role involves working closely with Finance and Supply Chain teams, so practice articulating how you’ve collaborated across departments in the past. Highlight your communication skills and give examples of how you’ve resolved issues by working with others.
