Avatar for Octopus Energy
Octopus Energy
Actively Hiring
Disrupting the UK energy market through technology
  • Scale Stage
    Rapidly increasing operations
  • Valuation $1B+
    This company has a valuation of $1B or more
  • Recently funded
    Raised funding in the past six months

Inventory Accountant

Posted: 1 month ago
Visa Sponsorship

Not Available

RelocationAllowed

About the job

Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need loads more people to help us make our vision a reality.

What you'll do

  • Take full ownership of the accounting and financial management of inventory, including warehouse and van stock.
  • Ensure accurate tracking and reporting of inventory balances and movements.
  • Conduct regular inventory reconciliations, identifying discrepancies and ensuring timely resolution.
  • Develop and maintain standard costing models for inventory budgets and forecasting, ensuring accuracy and relevancy to business needs.
  • Monitor and analyse cost variances related to inventory, working closely with operations to improve cost controls and efficiency.
  • Support the monthly financial close process by preparing journal entries and ensuring the integrity of inventory-related financial statements.
  • Provide detailed reporting and analysis on inventory levels, usage, and cost trends to support decision-making by senior management.
  • Implement and maintain internal controls over inventory processes and systems to ensure compliance with company policies and accounting standards.
  • Liaise with warehouse and logistics teams to improve inventory accuracy and optimise stock levels.
  • Partner with auditors for inventory audits and ensure compliance with financial regulations.
  • Drive continuous improvement in inventory accounting processes and systems to enhance accuracy and efficiency.

What you'll need

  • Fully qualified accountant (ACA, ACCA, CIMA, or equivalent).
  • 3-5 years post-qualification experience (PQE) with a focus on cost accounting, inventory management, or similar roles.
  • Strong technical accounting knowledge, particularly in inventory accounting and cost analysis.
  • Experience with ERP/accounting systems and proficient in Excel.
  • Excellent analytical skills with a keen attention to detail.
  • Ability to work independently and manage multiple tasks with tight deadlines.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively across different departments.
  • Previous experience in the energy, manufacturing, or related industry is an advantage but not essential.

About the company

Octopus Energy company logo

Octopus Energy

Actively Hiring
Disrupting the UK energy market through technology51-200 Employees
Company Size
51-200
Company Type
Energy Service Company (Esco)
  • Scale Stage
    Rapidly increasing operations
  • Valuation $1B+
    This company has a valuation of $1B or more
  • Recently funded
    Raised funding in the past six months
Learn more about Octopus Energy image

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