Operational Management Accountant

Robert Half Talent Solutions are seeking an Operational & Management Accountant to join a SME manufacturing organisation near Llanelli. The operational Management Accountant will be responsible for: Stock & Inventory Management (Integrated with Reporting)

• Valuation & Reconciliation: Perform monthly reconciliations between the Inventory Sub-ledger and the General Ledger.
• Margin Integrity: Investigate discrepancies between theoretical and actual margins, focusing on stock waste, scrap, and re-work costs.
• Provisioning: Present monthly reports on stock to the Senior Management Team System and Process Improvements
• Reporting Automation: Transition manual monthly reporting into automated BI tools or ERP dashboards to reduce the month-end cycle time.
• Data Integrity: Audit the flow of data from warehouse into the management accounts to ensure "one version of the truth." Monthly Management Reporting
• Month-End Close: Lead the month-end process for the manufacturing entity, ensuring all journals, accruals, and prepayments are posted accurately and on time.
• Financial Reporting: Prepare the monthly Management Accounts pack, including P&L, Balance Sheet, and Cash Flow statements.
• Variance Analysis: Provide high-level commentary on actual vs. budget performance, specifically highlighting gross margin fluctuations driven by production costs or inventory movements.
• KPI Development: Define and track operational KPIs (e.g., Gross Margin by product line, Labour Recovery rates, and Stock Turnover). Budgeting & Forecasting
• Operational Budgeting: Partner with Production and Warehouse Managers to build annual budgets and quarterly rolling forecasts.
• Cash Flow Management: Forecast inventory spend and lead times to ensure optimal working capital levels. Refined Skills & Qualifications
• Experience: Strong background in Operational Accounts within a manufacturing or recycling organisation.
• Commercial Acumen: Ability to explain the "why" behind the numbers to the Department Heads.
• Technical: Proficiency in advanced Excel for data visualization of monthly trends and a desire to improve and automate systems. On offer: Salary to £45,000 plus PHI and pension