Inventory Accountant

Recruiter
Burberry
Location
Leeds
Posted
18 Oct 2020
Closes
23 Oct 2020
Ref
1762912009
Category
Accounting
Contract Type
Permanent
Hours
Part Time
INTRODUCTION

Founded in 1856 by Thomas Burberry, Burberry is a global luxury brand with a distinctly British attitude. We are a global business with an extensive network of both owned and franchised stores across EMEIA, Asia Pacific and Americas. We are digital pioneers, and innovative technology underpins every aspect of our business, from product design to distribution and marketing. We believe that modern luxury means being socially and environmentally responsible; this mindset is core to our business and key to our long-term success.

JOB PURPOSE

• Burberry plc., a global multi-billion-pound luxury fashion business, is seeking to hire an Inventory Accountant. The role is part of the Burberry Business Services (BBS) organisation based in Leeds, United Kingdom.
• The Accountant is responsible for execution of specified Record to Report ("RTR") Inventory tasks within the Finance function in the BBS in accordance with agreed service level agreements and key performance indicators. The major objectives of this role are:
o Accurate and timely month-end and periodic reporting, including submissions to Group Finance and Business Partners
o Ensure all compliance and regulatory requirements are met
o Ensure accounting is accurate and complies with Group accounting policies and local requirements
o Prepare and deliver specific audit requirements (both internal and external)
o Deliver management and statutory reporting requirements
o Continuous improvement of processes and controls

RESPONSIBILITIES

Delivery
• Preparation and execution of inventory transactions
• Reconciliation of inventory balances
• Preparation of inventory reports
• Month end processes:
o Journal preparation and execution
o Agreement of intercompany inventory positions
o Preparation and submission of inventory reports
o Reconciliation and confirmation of inventory balance sheet accounts including sub-ledger accounts
o Completion of half year and year end additional financial information
o Preparation of analyses and support for internal and external audit requirements, liaising with the auditors and colleagues across the business as required
• Responding to a significant number of ad hoc queries, and analysis as required, prioritising work effectively to ensure that these queries are responded to on a timely basis
• Ensuring compliance with Group Policies, including operating of internal controls over financial reporting
• Role may require work on some weekend/public holidays during half year and year end periods.
Continuous improvement
• Apply understanding of assigned accounting processes to identify gaps and propose continuous improvement.
• Work closely with the process owners, colleagues and managers to understand root causes and represent process procedures, practicalities and exceptions
• Proactively seeks feedback from fellow team members and other internal and external customers, and uses this to inform future delivery of services.

PERSONAL PROFILE

Qualifications & Experience
• Part-qualified accountant or willing to start studying for an accounting qualification.
• SAP training and certification is a plus.
• Relevant accounting experience. SAP and retail or FMCG industry experience preferred.
• Experience of BPC, an advantage.
• Accounting role within a large, listed, multinational company is a plus. Worked within a multicurrency environment; understanding the impact of movements in exchange rates on reported results is a plus.
• Experience working in an accounting team in a Shared Service Centre
• Requires good understanding of IT systems and processes.
• Can provide evidence of working collaboratively with peers.
• Good Excel skills with experience of working with large data sets.
Skills
• Ability to build strong relationships, both with the wider Finance team and throughout BBS.
• Excellent attention to detail.
• Observes corporate policies and business values.
• Thinks conceptually and identifies and addresses future.