Inventory & Costing Accountant

Birmingham, England, United Kingdom

1/7/2025

Job Description

Arconic is currently in search of an Inventory Accounting Specialist to join our Kitts Green Team in Birmingham.

At Arconic, we are looking for people who share our values of integrity, inclusion, and diversity, and who demonstrate agility, results commitment, and the capability to grow themselves and others. In return, we offer the opportunity to Grow Together with ongoing opportunities for professional growth provided by a constantly changing environment, working alongside employees who value the people they work with just as much as the work they do.

Responsibilities

Key objectives

To provide support relative to cost accounting. To assist in the management and maintenance of inventory processes and controls. To assist and complete general accounting functions, operational improvements and other accounting projects.

Primary Responsibilities

• Assisting in the management of cost and Inventory accounting; reporting including KPIs and costing dashboard;
• Assisting sales team with product costs queries;
• Assistance with the forecasting and budgeting of inventory levels, costs of goods sold and overheads;
• Ensure compliance with internal controls related to inventory and cost accounting ;
• Month-end close process, including preparation of journal entries, reconciliation and analysis related to cost of goods sold, as well as inventory valuation, balances, adjustments and reserves;
• Preparation of standards (annual review and costs update);
• Stock take management;
• Management of R&D tax reclaim;
• Manage ad-hoc group queries.
  
  

Qualifications

You will need

• University degree in a relevant field
• To be working towards either ACA, ACCA or CIMA qualification
• Operational finance experience in a manufacturing organisation
• Ability to understand and manage cost/inventory accounting
• Experience preparing financial forecasts
• Knowledge of internal control processes and ability to design processes to mitigate financial and business risk
• Ability to manage reporting requirements for a large US corporation
• Strong Excel skills with an analytical mind
  
  

Preferred Skills

• Qualified accountant with either ACA, ACCA and CIMA
• Previous experience working in Finance for a large US corporation
• Knowledge of US GAAP and IFRS accounting requirements.
• Knowledge and skills to ensure compliance with SOX requirements.
• Excellent communication skills
• Be a quick learner with a growth mindset
• Flexible mindset
• Be deadline driven
• Ability to develop relationships and work as part of a team
  
  

What's in it for you:

• Pension scheme with Aviva
• Medicash fully funded up to family level
• AXA single cover
• Access to our onsite Gym Facilities & Occupational Health Team, including GP, lifestyle coach, physio, chiropody, and psychotherapy by appointment
• Employee Assistance by Health Assured offering an array of wellbeing support
• Opportunity to work for one of the largest aluminium manufacturers in the world