Inventory Accountant

Inventory Accountant

Full-Time 37800 - 46200 £ / year (est.) No working from home possible
Renault Group

At a Glance

  • Tasks: Manage inventory accounting processes and ensure accuracy across various categories.
  • Company: Join the dynamic Alpine F1 Team, a leader in world motorsport.
  • Benefits: Enjoy competitive salary, bonuses, private healthcare, gym access, and more.
  • Other info: Collaborative team culture with opportunities for personal and professional growth.
  • Why this job: Make a real impact in a fast-paced, innovative environment at the heart of F1.
  • Qualifications: Qualified accountant with inventory experience and strong analytical skills.

The predicted salary is between 37800 - 46200 £ per year.

We're looking for an ambitious and detail-oriented Inventory Accountant to join our Finance team and take ownership of our end-to-end inventory accounting processes. This is a fantastic opportunity for a qualified accountant with inventory accounting experience to work within one of the most exciting and fast-paced environments in world sport. You'll play a vital role in ensuring the accuracy of inventory accounting, supporting financial reporting, and helping the team meet both financial and regulatory requirements.

Reporting to the Financial Controller, you'll be responsible for the accounting and control of inventory across a wide range of categories, including car parts, merchandise, raw materials, consumables and tooling.

Key responsibilities:

  • Managing inventory-related journal entries and ensuring inventory movements are accurately recognised.
  • Maintaining robust records and audit trails for all inventory transactions.
  • Overseeing the works order ending process and collaborating with operational teams to resolve outstanding issues.
  • Supporting monthly and annual stock counts, investigating discrepancies and accounting for adjustments and write-offs.
  • Monitoring inventory activities to ensure compliance with accounting policies and internal controls.
  • Analysing inventory variances against budgets and forecasts and providing insightful commentary to stakeholders.
  • Supporting the continuous improvement of inventory reporting, processes and controls.
  • Working closely with the wider business to ensure accurate activity-based reporting and cost allocation.
  • Developing an understanding of FIA Financial Regulations to support accurate Cost Cap reporting requirements.

What we're looking for:

We're seeking a finance professional who combines technical expertise with strong business partnering skills. You'll ideally have:

  • A professional accounting qualification (ACA, ACCA, CIMA or equivalent).
  • At least one year of inventory accounting experience, ideally within a manufacturing environment.
  • Strong knowledge of inventory accounting principles, stock control processes and standard costing.
  • Advanced Excel skills and strong reporting capabilities.
  • Excellent analytical and problem-solving skills.
  • The ability to build effective relationships and influence stakeholders across multiple functions.

About you:

You'll thrive in this role if you:

  • Take ownership and accountability for your work.
  • Have exceptional attention to detail and a commitment to accuracy.
  • Can clearly communicate complex financial concepts to non-finance audiences.
  • Remain composed and effective in a fast-paced, high-pressure environment.
  • Proactively identify and solve problems.
  • Enjoy collaborating across teams to achieve shared goals.

Why join us?

You’ll be part of a collaborative, high-performance Finance team with real exposure to decision‑making at the heart of the business. The role offers variety, influence and the opportunity to make a meaningful impact in a fast‑paced, innovative environment.

What We Offer You In Return:

At Alpine F1 Team, you will work alongside some of the leading professionals in F1, directly impacting race‑car performance on a global stage, while benefiting from our state‑of‑the‑art facilities. We offer a competitive salary and championship bonus scheme, private medical healthcare, access to a free on‑site gym and restaurant, as well as many additional benefits.

Applicants must be eligible to live and work in the UK.

Diversity & Inclusion:

We celebrate diversity and strive to create an environment where everyone can be their authentic selves. We welcome individuals from all backgrounds, ethnicities, cultures, and experiences, and we are committed to leading by example in promoting diversity, inclusion, and belonging within our organisation and the wider community.

Inventory Accountant employer: Renault Group

Renault Group in Enstone is an exceptional employer for aspiring software engineers, offering a dynamic work culture that fosters innovation and collaboration within the thrilling world of Formula 1. Interns benefit from hands-on experience with cutting-edge tools and data, alongside seasoned professionals, while enjoying perks such as a gym and subsidised canteen, all contributing to a supportive environment that prioritises employee growth and well-being.

Renault Group

Contact Details:

Renault Group Recruitment Team

We think you need these skills to ace Inventory Accountant

Inventory Accounting
Financial Reporting
Journal Entries Management
Audit Trail Maintenance
Stock Control Processes
Standard Costing
Advanced Excel Skills