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Stock Accountant

NLB Solutions
Posted 12 hours ago, valid for 25 days
Location

Milton Keynes, Buckinghamshire MK93GA, England

Salary

£45,000 - £55,000 per annum

Contract type

Full Time

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Sonic Summary

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  • NLB Solutions is seeking an experienced Stock Accountant for a large business in Milton Keynes, which has rapidly grown from 50m to 250m t/o.
  • The role requires someone with a background in inventory and stock management, reporting directly to the Financial Controller, and necessitates being in the office five days a week.
  • Candidates should possess excellent communication and IT skills, particularly in Excel, and have the ability to multitask across various areas of the business.
  • Key responsibilities include monitoring inventory transactions, enhancing process controls, and assisting in month-end closes, with a focus on maintaining compliance with policies and regulations.
  • The position offers a competitive salary of £40,000 to £55,000 and requires relevant experience in a specialist inventory role.

NLB Solutions are working with a large business in Milton Keynes that are seeking an Accountant to deal with the inventory of the business across the entities. The company have grown from 50m to 250m t/o in a short period and are looking forward to creating processes and procedures to streamline current and future reporting. The role will report into the Financial Controller who will support the new Stock Accountant.

The role needs someone that is able to be in the office 5 days a week and needs someone that has experience of working on inventory and stock in a specialist role. The role needs someone that is an excellent communicator and also have good systems skills for this role to be fulfilled fully.

Duties:

  • Monitor inventory transactions, update general ledger as required, gather and analyse data, perform inventory audits and assessments, and produce regular inventory reports.
  • Develop or enhance all inventory process controls.
  • Write or improve process documentation with current synopsis.
  • Research complex transaction histories to reconcile inventory discrepancies or inconsistencies.
  • Prepare adjusting ledger or inventory entries as required according to proper policies and regulations.
  • Assist quality control operations in management of quarantine stock.
  • Participate in cycle counts and full count inventories, coordinating all physical inventory activities.
  • Ensure all inventory counts procedures follow all relevant internal control systems.
  • Provide accounting support to multiple company locations.
  • Participate in all month-end closes in support of the accounting team.
  • Utilise computer systems and software to process or obtain accounting data.
  • Submit routine inventory control related reports.
  • Support periodic and ad hoc reporting requests including external audit support, month/quarter/year-end close reporting and forecast to actual analysis.
  • Assist in special projects; lead inventory problem-solving opportunities.
  • Respond to enquiries regarding inventories with a sense of urgency.
  • Collaborate with Operations and Finance to implement a strong inventory control environment.
  • Critical-thinking skills to establish action plans and routinely assess their effectiveness, along with problem-solving skills to anticipate problems to be decided with an appropriate outcome.

Person Spec:

  • Experienced Stock or Inventory Accountant
  • Excellent IT skills including Excel
  • Excellent communication skills
  • Ability to multi task across all areas of the business
  • Solid Finance background

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