Inventory Finance Manager
- Posted 21 March 2021
- Salary £60000 - £72000 per annum
- LocationWatford
- Job type Contract
- ReferenceBBBH115081_1616414282
- Contact NameHannah Faucherand
Job description
This is an entirely home-based, 6 month contract working for a well-known FMCG brand.
The Inventory Finance Manager is a key role in the Group reporting team. It is a high profile role, key to ensuring that correct controls and financial rigour are in place to support Inventory and FMCG, with inventory at locations all over the world. This role also supports the Global Functions team by ensuring that correct control rigour is in place for Central Overheads.
Key Responsibilities include:-
Leading a team of 2: a qualified Inventory Manager and a part-qualified Central Finance Analyst. Responsible for measuring their performance, ensuring they personally develop, maximise their potential and that they are highly engaged within the finance team.
Leading the control framework and governance for the rapidly growing, evolving and technically complex FMCG business
Design and document a leading global process for the end to end reporting, control and forecasting of stock. Engaging with senior stakeholders across the business to ensure processes are best in class, consistent, and understood at all sites across the UK and Internationally and is aligned to TCCC policy
Ensure the financial accounting is accurate for stock in all locations this includes ensuring that all sites have the controls in place to be able to support stock balances at the period end close as appropriate
Ensure that robust and meaningful month end reporting and KPI's are created to enable FD's and heads of insight into the inventory and FMCG area of the business that can help drive meaningful business decisions including risk and opportunities
Ensure that the year end and periodic surprise stock count audits are effectively managed and communicated with the relevant stakeholders in a timely manner, this includes liaising with the external audit team as required
Ownership of appropriate controls contained within the Financial Control Framework and to be implemented SOX controls. Assist the BU Financial Controller with overseeing the development and management of the UK financial control framework for Inventory, FMCG and Central overheads.
The successful candidate will be a qualified accountant with FMCG and Inventory experience. You should have previous experience of working in an FMCG business, with a strong controls and compliance background, and experience of working on and delivering projects with many stakeholders