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Inventory Accountant

Marc Daniels
Posted 5 days ago, valid for 4 days
Location

Towcester, West Northamptonshire NN12, England

Salary

£50,000 - £55,000 per year

Contract type

Full Time

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Sonic Summary

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  • A well-established manufacturing business is seeking an Inventory Accountant to join its finance team.
  • The role requires a fully qualified accountant with experience in inventory or cost accounting within a manufacturing environment.
  • Key responsibilities include managing inventory accounting, preparing balance sheet reconciliations, and ensuring accurate reporting of inventory valuation and cost of goods sold.
  • The position requires strong analytical skills and familiarity with ERP systems, such as SAP or Oracle.
  • The salary for this position is competitive, and candidates should have at least 3 years of relevant experience.

Manufacturing Business

A well-established manufacturing business is seeking an Inventory Accountant to join its finance team. This role is responsible for ensuring accurate inventory accounting, strong financial controls, and reliable reporting to support operational and commercial decision-making.

The position suits a qualified accountant with experience in inventory or cost accounting within a manufacturing environment.

The Role

The Inventory Accountant will take ownership of inventory-related accounting activities, working closely with operations and finance teams to ensure inventory accuracy, cost control, and timely month-end close.

Key Responsibilities

  • Manage inventory accounting as part of the month-end close process
  • Post journals and reconcile inventory balances to the general ledger
  • Prepare and review balance sheet reconciliations and investigate variances
  • Ensure inventory valuation and cost of goods sold are reported accurately
  • Support physical inventory counts and internal control testing
  • Investigate and resolve inventory and costing discrepancies
  • Maintain inventory data within the ERP system and support system controls
  • Assist with inventory forecasting, budgeting, and costing analysis
  • Work with operational teams to align inventory activity with financial reporting
  • Identify opportunities to improve inventory processes and controls

Requirements

  • Fully qualified accountant (CIMA, ACCA, or ACA)
  • Experience in inventory or cost accounting within a manufacturing environment
  • Strong understanding of inventory valuation and financial controls
  • Experience using ERP systems (e.g. SAP, Oracle, IFS)
  • Strong analytical skills and attention to detail
  • Ability to work collaboratively with finance and operations teams

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