Inventory & Cost Accountant

Accountable Recruitment; Wirral; On-site; GBP 42,000 - 64,000; Full time

Benefits offered by this job

25 days holiday plus bank holidays

Statutory pension

Life assurance

Medical cover

Site based role

Job summary

Accountable Recruitment are partnering with a leading manufacturing company on Wirral to recruit an experienced Inventory & Cost Accountant. The role covers end-to-end inventory control, reconciliation, and cost accounting for raw materials, WIP and finished goods.

Reporting to the Site Controller, you will lead cycle counts, manage customer-owned stock, and develop ERP reporting to replace manual spreadsheets. Site-based role with strong emphasis on controls and audit readiness.

Qualifications

• CIMA/ACCA/ACA qualified or qualified by experience.
• Strong background within manufacturing environment including extensive inventory, stock and cost accounting experience.
• ERP systems and advanced Excel skills.

Responsibilities

• End-to-end inventory reconciliation, ensuring physical stock, ERP records and financial positions are accurate.
• Lead cycle counts and stock takes, investigating discrepancies and implementing controls to prevent recurrence.
• Manage customer-owned inventory, ensuring accurate tracking, reconciliation, valuation and reporting.
• Monitor material movements from receipt through production, consumption, conversion, sale, return and replacement.
• Analyse material consumption, production yields and inventory variances, working with Operations to identify root causes and corrective actions.
• Reconcile inventory, purchase and sales transactions with customer commitments, invoicing and financial ledgers.
• Develop and maintain robust ERP/database reporting, reducing reliance on manual spreadsheets and ensuring a single source of accurate inventory data.
• Support standard costs, BOMs, routings and inventory valuation processes.
• Establish and maintain effective inventory controls, segregation of duties and a robust monthly inventory close process.
• Partner with Finance, Commercial, Procurement, Operations and IT to resolve issues, improve processes and strengthen inventory controls.
• Ensure discrepancies are actively managed through to resolution and support internal and external audit requirements.
• Provide accurate inventory and financial information to support commercial decision-making and customer communications.

Skills

Inventory costing

Cost accounting

ERP systems

Advanced Excel

Education

CIMA/ACCA/ACA qualified or by experience

Job description

Accountable Recruitment are delighted to be partnering with a leading manufacturing company based on the Wirral to recruit an experienced Inventory & Cost Accountant.

Reporting to the Site Controller, the Inventory & Cost Accountant will have end-to-end responsibility for the accuracy, reconciliation and financial control of raw materials, work-in-process and finished goods inventory.

Responsibilities Include:

• End-to-end inventory reconciliation, ensuring physical stock, ERP records and financial positions are accurate.
• Lead cycle counts and stock takes, investigating discrepancies and implementing controls to prevent recurrence.
• Manage customer-owned inventory, ensuring accurate tracking, reconciliation, valuation and reporting.
• Monitor material movements from receipt through production, consumption, conversion, sale, return and replacement.
• Analyse material consumption, production yields and inventory variances, working with Operations to identify root causes and corrective actions.
• Reconcile inventory, purchase and sales transactions with customer commitments, invoicing and financial ledgers.
• Develop and maintain robust ERP/database reporting, reducing reliance on manual spreadsheets and ensuring a single source of accurate inventory data.
• Support standard costs, BOMs, routings and inventory valuation processes.
• Establish and maintain effective inventory controls, segregation of duties and a robust monthly inventory close process.
• Partner with Finance, Commercial, Procurement, Operations and IT to resolve issues, improve processes and strengthen inventory controls.
• Ensure discrepancies are actively managed through to resolution and support internal and external audit requirements.

• Provide accurate inventory and financial information to support commercial decision-making and customer communications.

Experience Required:

• CIMA/ACCA/ACA qualified or qualified by experience.
• Strong background within a manufacturing environment including extensive inventory, stock and cost accounting experience.
• ERP systems and advanced Excel skills.

Benefits:

• 25 days holiday plus bank holidays
• Statutory pension
• Life assurance
• Medical cover
• Site based role