Inventory Accountant: WIP, Stock Control & Reporting

Chemring Countermeasures; Salisbury; On-site; GBP 42,000 - 62,000; Full time

Job summary

Chemring Countermeasures in the United Kingdom is seeking an Inventory Accountant to join the Finance team and ensure accurate accounting, valuation, and control of inventory across the business.

You will own inventory records, perform reconciliations, manage WIP and stock movements, lead stock takes with auditors, and partner with Operations and Supply Chain to improve stock control and reporting. The role also involves month-end close, forecasting, and driving improvements to processes.

Qualifications

• Experience in manufacturing/inventory accounting or finance.
• Strong understanding of stock valuation, BOMs, WIP and movements.
• Confident communicator with non-finance stakeholders.
• Advanced Excel skills for data analysis and presentation.
• Experience with ERP systems (Business Central preferred).
• Professional accounting qualification or experience-based eligibility.
• Experience with Power BI or similar reporting tools would be beneficial.

Responsibilities

• Take ownership of inventory accounting and ensure records remain accurate and auditable.
• Maintain valuation of raw materials, work in progress (WIP), and finished goods.
• Perform inventory reconciliations and investigate discrepancies.
• Monitor and account for WIP movements, job closures, scrap, rework, and adjustments.
• Lead and coordinate stock take activities, including liaison with external auditors.
• Partner with Operations and Supply Chain to drive inventory accuracy.
• Analyse inventory trends, stock movements, slow-moving and obsolete inventory.
• Support month-end and year-end close activities relating to inventory.
• Produce inventory reporting and analysis to support business decisions.
• Assist with inventory forecasting and planning.
• Support internal and external audits relating to inventory and manufacturing processes.
• Identify and implement improvements to inventory controls, processes, reporting.

Skills

Inventory accounting

Stock valuation

WIP management

Advanced Excel

Stakeholder communication

ERP systems

Education

ACCA/CIMA/ACA part-qualified or equivalent

Tools

Power BI

Business Central

Job description

Chemring Countermeasures in the United Kingdom is seeking an Inventory Accountant to join the Finance team and ensure accurate accounting, valuation, and control of inventory across the business.

You will own inventory records, perform reconciliations, manage WIP and stock movements, lead stock takes with auditors, and partner with Operations and Supply Chain to improve stock control and reporting. The role also involves month-end close, forecasting, and driving improvements to processes.