Marks Sattin
Management Accountant
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Management Accountant – Stock
Our well-established international, multi-channel retailer with a strong high-street and e-commerce presence is looking for a new Management Accountant to join their growing team based in London, reporting into the Head of Finance.
Key Responsibilities
- Take ownership of stock accounting across the business, ensuring inventory is accurately recorded, reconciled and reported.
- Prepare and review stock reconciliations, investigating discrepancies and working with operational teams to resolve issues.
- Analyse stock movements, ageing, shrinkage, write-offs and obsolescence.
- Calculate and maintain appropriate stock provisions, ensuring compliance with accounting policies.
- Support stock valuation, landed cost and standard-costing processes.
- Produce gross margin and stock performance analysis, highlighting trends, risks and opportunities.
- Partner with supply chain, merchandising and operations teams to improve stock controls and reporting.
- Support the month-end close, including journals, accruals, prepayments and balance-sheet reconciliations.
- Assist with the preparation of monthly management accounts, forecasts and budgets.
- Provide clear commentary on financial performance and key variances.
- Support year-end audit requirements relating to stock and inventory.
- Identify opportunities to strengthen financial controls, automate reporting and improve existing processes.
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Candidate Profile
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- Newly qualified accountant – ACA, ACCA or CIMA.
- Previous experience within retail, consumer goods, FMCG or another stock-intensive environment.
- Strong practical understanding of stock accounting, inventory valuation and stock reconciliations.
- Industry experience is strongly preferred, although relevant candidates making their first move from practice may also be considered.
- Confident working with large data sets and producing meaningful financial analysis.
- Strong Excel skills and experience using an ERP or retail finance system.
- Commercially minded, with the ability to build effective relationships outside finance.
- Proactive, detail-oriented and comfortable taking ownership of key processes.
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