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For Companies At a Glance
- Tasks: Prepare stock reports, monitor inventory, and provide insightful financial analysis.
- Company: Join a global leader in plumbing innovation with a commitment to sustainability.
- Benefits: Enjoy competitive salary, flexible holidays, and professional development opportunities.
- Why this job: Make a real impact in a dynamic environment while growing your career.
- Qualifications: Qualified or part-qualified accountant with strong analytical skills.
- Other info: Diverse and inclusive workplace that values every contribution.
The predicted salary is between 28800 - 48000 £ per year.
Reliance Worldwide Corporation (RWC) is committed to making a positive, lasting impact through our innovative products in plumbing, heating, and construction. We operate globally with a focus on local markets, encouraging our people to think differently and challenge the status quo.
POSITION KEY RESPONSIBILITIES
- Reporting & Analysis
- Prepare comprehensive stock reporting for all EMEA sites, ensuring accuracy and timeliness to support operational and financial decision-making.
- Monitor inventory valuation and stock adjustments, investigating cost discrepancies and ensuring corrective actions are implemented.
- Deliver detailed cycle count variance reporting, including root cause analysis and recommendations to improve stock accuracy.
- Provide insightful analysis and commentary for Plant Controlling and FP&A, transforming raw data into actionable insights.
- Monthly / Periodic Tasks
- Lead the closing of the Inventory Ledger for EMEA, ensuring compliance with group timelines.
- Calculate and validate stock provisions and intercompany stock for URP, applying appropriate accounting standards.
- Post WIP, recovery, and variance entries; execute order settlement in SAP.
- Perform balance sheet reconciliations for inventory accounts, investigating discrepancies.
- Account for inbound and outbound freight costs across EMEA, validating accruals.
- Review non-standard COGS postings and ensure accruals for unrecognised spend are recorded.
- Monitor stock controls across EMEA to safeguard assets and maintain compliance.
- Standard Costs Related
- Lead the annual standard cost update process in SAP, coordinating with FLT and site controllers.
- Execute ad-hoc costing updates and prepare monthly drafts, providing clear commentary.
- Audit material master data fields relevant to costing.
- Prepare variance analysis and data validation reports for the annual standard cost update.
- Respond to external audit queries promptly and accurately.
KNOWLEDGE, SKILLS & EXPERTISE
- An analytical problem solver with the ability to prepare relevant analyses to support decision making.
- Resilient, able to work to tight deadlines and manage multiple stakeholders.
- Strong proficiency in Microsoft Excel and financial modelling.
- Experience with ERP systems such as SAP is desirable.
- Strong analytical skills with the ability to work with large data sets.
- High level of accuracy and attention to detail in financial reporting.
- Excellent communication skills, both written and verbal.
- Proactive in identifying issues and providing practical solutions.
- Ability to work effectively within a team.
- Ability to understand complex accounting concepts.
REQUIRED/PREFERRED QUALIFICATIONS/EDUCATION
- A qualified accountant (CIMA/ACCA/ACA) or part-qualified with relevant experience.
What we offer you
- A competitive salary
- 25 days holiday
- Flexible holiday buy/sell scheme
- Recognition and reward scheme
- Internal and external learning and development
- On site Café (West Drayton site)
- Employee Assistance Programme
- Cycle to Work & Tech Scheme
- Enhanced Maternity & Partner leave
Reliance Worldwide Corporation Ltd is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an environment of belonging for all employees.
Management Accountant employer: Reliance Worldwide Corporation
Contact Detail:
Reliance Worldwide Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Management Accountant role at RWC. You never know who might have the inside scoop or can put in a good word for you!
✨Tip Number 2
Prepare for interviews by researching RWC's culture and values. They’re all about Safety, Passion, Integrity, Reliability, and Innovation. Think of examples from your past experiences that showcase these values, so you can impress them with how you fit right in!
✨Tip Number 3
Practice your financial analysis skills! Brush up on your Excel and SAP knowledge, as these are key for the role. Maybe even run through some mock scenarios where you analyse stock discrepancies or prepare variance reports to show off your analytical prowess.
✨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 RWC family. So, get that application in and let’s make it happen!
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Management Accountant role. Highlight your analytical skills, attention to detail, and any relevant experience with ERP systems like SAP.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this position and how you embody our values of Safety, Passion, Integrity, Reliability, and Innovation. Share specific examples that showcase your problem-solving abilities.
Showcase Your Financial Acumen: In your application, emphasise your proficiency in financial reporting and analysis. Mention any experience you have with stock reporting, inventory valuation, or working with large data sets to demonstrate your fit for the role.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s the quickest way for us to receive your application and get to know you better!
How to prepare for a job interview at Reliance Worldwide Corporation
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your analytical skills. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. Prepare examples of how you've tackled discrepancies or improved reporting accuracy.
✨Showcase Your Software Skills
Familiarity with ERP systems like SAP is a plus, so make sure you can talk about your experience with these tools. If you have advanced Excel skills, prepare to share specific examples of how you've used them for financial modelling or data analysis.
✨Communicate Clearly
You’ll need to convey complex financial information to non-financial stakeholders. Practice explaining your past projects in simple terms, focusing on the impact of your work rather than just the technical details. This will show your ability to bridge the gap between finance and operations.
✨Emphasise Team Collaboration
RWC values teamwork, so be prepared to discuss how you've worked effectively within a team. Share examples of how you've collaborated with others to solve problems or improve processes, highlighting your proactive approach and willingness to learn from colleagues.
