Inventory Accounting Process Design Manager
An opportunity has arisen for a Inventory Accounting Manager to join a multinational pharmaceutical and biopharmaceutical company.
This role supports the Inventory Accounting Process Design Lead and Business Process Lead for a global manufacturing accounting project where the key objective is to improve and standardise the end-to-end manufacturing accounting processes, delivering more granular cost performance reporting and insights to enable better decision-making. This includes the analysis and deployment of a new inventory accounting methodology, enabling analysis of actual inventory values across a products multi-step value chain. The full set of processes covered within this project are Standard Product Costing, Cost Accounting, Inventory Accounting and Performance Measurement, split across SPC (Standard Product Costing) and APC (Cost Accounting, Inventory Accounting and Performance Measurement).
Location: Remote working with 3-4 days in the Luton office per month
Pay rate: £400 - £550 per day LTD company
Duration: 12 months
Role Summary:
• Support in the development and implementation of standardised best practise global inventory accounting processes delivering efficiency and effectiveness, including defining and running workshops, capturing outputs and interpreting to ensure clear requirements are defined
• Support GFS (finance shared services) in adapting globally standardised inventory accounting processes & policies to ensure regional compliance
• Support the Business Process Lead and Process Design Lead in defending and driving the adoption of the solution, analysing deviations or localisation to determine where there is valid justification driven by business criticality or statutory requirements
• Provide analysis to support the definition of the SAP ECC and SAP BW solutions, based on defined requirements ensuring the end deliverable meets the requirements laid out by the Design team
• Support in the development and implementation of global inventory accounting policies, standard operating procedures (SOPs), KPIs and month-end-close processes
• Support the development of global standardised inventory accounting reports (identifying standard SAP ECC reports, defining SAP BW reports, Fiori and 3rd party tooling reports populated through SAP data) and providing knowledge transfer and training to end users on interpreting reports
• Contribute into required master data definitions, usage and policies – including analysis of business scenarios and their impact on master data
• Support UAT and validation of test results, including analysis to support defect resolution
• Support the production of communications and training materials
• Be the change champion and assisting in the governance of change management
Experience/ Qualifications Required:
• Fully qualified accounting qualification (ACCA, ACA or CIMA)
• Candidates must have recent experience of working on SAP finance transformation projects
• Candidates must have strong working knowledge with global manufacturing (Inventory accounting, cost accounting, operational costing)
• Pharmaceutical industry experience is preferred if not then other FMCG will be considered.
• An understanding of different inventory valuation techniques and relevant International Accounting Standards
• Some knowledge of inventory accounting process design and relevant controls
• Able to support Leads in client workshops to drive design decisions, solutioning and system
• Hands on experience of SAP ECC and BW systems including providing functional expertise, hands-on delivery, customization, guidance, presentation, and instruction
• Experience of at least 1 SAP full implementation project lifecycle (from a functional perspective), preferably from scoping and planning through to post go live support
• Experience of developing project plans and project management
• Possess and apply strong written and oral communication skills together with effective negotiation, influencing and presentation skills
• Experience of change management and change management processes
• Process design experience
Please apply by sending your CV’s to [email protected]