Management Accountant

Description

The Inventory Analyst for EMEA will lead stock reporting, inventory valuation, cycle‑count variance analysis and provide insights to Plant Controlling and FP&A. Responsibilities also include closing the inventory ledger, managing provisions, posting SAP entries, reconciling balance‑sheet accounts, and overseeing freight cost allocations. The role drives standard‑cost updates, audits material master data, and supports external audit queries.

• Prepare comprehensive stock reporting for all EMEA sites, ensuring accuracy and timeliness to support operational and financial decision‑making.
• Monitor inventory valuation and stock adjustments, investigating cost discrepancies and ensuring corrective actions are implemented to maintain integrity of financial statements.
• Deliver detailed cycle count variance reporting (monthly by site and quarterly for group), including root cause analysis and recommendations to improve stock accuracy and reduce write‑offs.
• Provide insightful analysis and commentary for Plant Controlling and FP&A, transforming raw data into actionable insights that influence budgeting, forecasting, and performance reviews.
• Lead the closing of the Inventory Ledger for EMEA, ensuring compliance with group timelines and accuracy of reported figures.
• Calculate and validate stock provisions and intercompany stock for URP, applying appropriate accounting standards and documenting assumptions for audit purposes.
• Post WIP, recovery, and variance entries; execute order settlement (CO88) in SAP, ensuring all production costs are correctly allocated and reconciled.
• Perform balance sheet reconciliations for inventory accounts, investigating discrepancies and ensuring all adjustments are supported by documentation.
• Account for inbound and outbound freight costs across EMEA, validating accruals and ensuring accurate allocation to cost centres.
• Review non‑standard COGS postings, investigate abnormal transactions, and ensure accruals for unrecognised spend are recorded to maintain P&L accuracy.
• Monitor stock controls across EMEA, including PSA stock and adjustments, to safeguard assets and maintain compliance with internal control frameworks.
• Audit inventory processes and compile cycle count reports for all sites, identifying control weaknesses and recommending process improvements.
• Lead the annual standard cost update process in SAP, coordinating with FLT and site controllers to ensure accurate material costing and compliance with corporate guidelines.
• Execute ad‑hoc costing updates and prepare monthly CK40N drafts, providing clear commentary and variance explanations for Plant Controlling and FP&A.
• Audit material master data fields relevant to costing, ensuring completeness and accuracy to prevent downstream errors in production and financial reporting.
• Prepare variance analysis and data validation reports for the annual standard cost update, highlighting key drivers and recommending corrective actions.
• Respond to external audit queries (e.g., KPMG) promptly and accurately, collaborating with FP&A to provide supporting documentation and explanations.

Requirements

The ideal candidate is a qualified (or part‑qualified) accountant (CIMA/ACCA/ACA) with strong analytical abilities, advanced Excel and financial modelling skills, and experience in SAP or similar ERP systems. They must demonstrate resilience under tight deadlines, excellent communication, attention to detail, and a collaborative, problem‑solving mindset, preferably within a manufacturing environment.

• Analytical problem‑solver able to prepare relevant analyses to support decision making.
• Resilient, able to work to tight deadlines and manage multiple stakeholders.
• Keen willingness to learn and develop new systems.
• Strong proficiency in Microsoft Excel (advanced) and financial modelling; experience with ERP systems such as SAP is desirable.
• Previous experience in a manufacturing organization is desirable.
• Strong analytical skills with the ability to work with large data sets, identify trends, and present actionable insights.
• High level of accuracy and attention to detail in all financial reporting and analysis.
• Excellent communication skills, both written and verbal, with the ability to convey complex financial information to non‑financial stakeholders.
• Proactive in identifying issues and providing practical solutions.
• Ability to work effectively within a team, with a collaborative approach to problem‑solving.
• Ability to understand complex accounting concepts.
• Qualified accountant (CIMA/ACCA/ACA) or part‑qualified with relevant experience.
• Internal and external learning and development.

Benefits

RWC offers a competitive salary, 25 days of annual leave with a flexible buy‑sell scheme, and a range of wellbeing programmes including an Employee Assistance Programme, on‑site café, and Cycle‑to‑Work scheme. Additional perks comprise a recognition and reward program, learning and development opportunities, and enhanced maternity and partner leave. The company is committed to equal opportunity employment and supports accommodations for applicants with disabilities.

• Competitive salary.
• 25 days holiday.
• Flexible holiday buy/sell scheme.
• Recognition and reward scheme.
• On‑site Café (West Drayton site).
• Employee Assistance Programme.
• Cycle to Work & Tech Scheme.
• Enhanced Maternity & Partner leave.

Training + Development

Interview process

Visa Sponsorship

Security clearance