Finance Analyst – Inventory Accountant

Finance Barlborough, United Kingdom


Inventory Financial Analyst 

Barlborough, Derbyshire, UK


About Optimas:


Optimas is a global distributor of integrated supply chain solutions, and engineering support focused on delivering fasteners, components, industrial and safety supplies to our diverse customers around the world. Our local, on-the-ground teams understand the nuances of every community we serve. This allows us to adapt with our customers and partners as needs evolve, leveraging our footprint to remain at your side while providing a highly personalized level of service and support no matter where you find yourself around the globe.


To learn more, please visit our website


Position overview:


The role of the Inventory Accountant is to maintain the integrity of the Inventory records by monthly reconciliations and investigation of discrepancies.  The function will also involve ensuring appropriate adjustments are made where necessary to the Inventory records by the Inventory Finance Team or other departments.  The role requires working closely with Global cross functional stakeholders in Operations, General Finance, Accounts Payable, Sales and Supply Chain.


Main responsibilities:


The Finance Analyst – Inventory Accountant will:


  • Monthly reconciliation of Inventory records to General Ledger for each stocking location within EMEA, APAC & NA.
  • Processing of monthly journals, account reconciliations and balance sheet flux analysis including global intercompany movement.
  • Analysis and reconcile Intercompany movements and identifying un-realised profit within inventory.
  • Inventory analysis into cost adjustments and P&L impacts relating to inventory movement. Identify any potential risk and monitor trends through KPIs and reporting.
  • Assist with annual site visits to validate the accuracy of Inventory levels within warehouse locations.
  • Annual audit support and additional adhoc tasks.
  • Ensure Company processes are followed by all departments dealing with Inventory transactions i.e. Accounts Payable, Supply Chain / Purchasing, Operations and other Finance Groups.


Key Performance Indicators:


  • Understand company policy and processes, ensuring these are maintained and rectify where applicable.
  • Data analysis and reporting within a specific time period
  • Reconciliation of Global inventory delta
  • Ensuring that all perpetual counts meet financial requirements. 



Key Competencies:


The ideal candidate must have the following competencies:


  •              Strategic Vision.
  •              Building organizational capacity.
  •              Results driven.
  •              Embrace change.
  •              Collaboration and Influence.
  •              Entrepreneurial spirit.
  •              Customer value and Market focus.
  •              Ability to work alone and be self motivated but equally the ability to be a Team player.


Skills and Qualifications:


  • B.S. in Accounting or Finance or equivalent in working experience.
  • Ability to work accurately in a fast paced, multi-tasking environment.
  • Highly motivated, high energy, ‘can do’ attitude, competitive self-starter with a strong sense of urgency ensuring specified deadlines for work and/or reporting are met.   
  • Strong analytical skills and detail orientated.
  • Advanced knowledge of Excel, manipulating data via use of pivots / lookups, VBA/Macros, etc.
  • Strong interpersonal skills, including written and oral communication skills. Ability to work in fast paced collaborative environment navigating ambiguity and complexity.
  • Enforce good housekeeping.



Physical Demands / Travel:


The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions:

  •              This position requires extended periods of data entry and computer processing analyzing data.
  •              Some travel maybe required as part of the role.


Every Day we go above and beyond:

The above are merely guidelines and do not constitute your daily function and or job tasks.  As our customer needs emerge, you should expect your responsibilities and focus to change to meet / exceed the needs of our customers.

Our company is fast-paced, dynamic and has enormous potential like few others, thriving in an industry that's highly demanding and very competitive. Our success so far is based on finding the best talent and putting them together to work in a friendly, challenging and exciting environment. Talent is everything for Optimas.

Optimas is strongly committed to creating and preserving equal opportunity for all employees and applicants.  Optimas makes all employment decisions – including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters – based on merit, and without regard to race, color, ancestry, religion, sex, national origin, age, disability, genetic information, veteran status, marital status, sexual orientation, or other legally protected characteristics or conduct.  Optimas’ strong commitment to equal opportunity requires a commitment by each individual employee.  Compliance with the letter and spirit of this policy is required of all employees.  Violations of this policy should be immediately reported to your Supervisor, Human Resources or the Legal Department.