The role of Assets and Inventory Finance Manager encompasses three main areas, On and Off system Inventory and Asset Management.

• On system inventory requires ongoing maintenance to ensure accuracy. This includes but is not limited to checking total stock holdings, classifications (RMC/CS) and up to date values.
  
  
• Off system inventory and GFE management, the latter making up the bulk of the work. At month end, GFE postings must be investigated to check for accuracy, ensuring the correct NSNs are being included/excluded. The other task is to assist in maintenance of the accuracy of the GFE postings through the quarterly GFE verification exercise with help from the Supply Chain Team which focuses on GFE. This role is also responsible for managing the budgets and financial postings for Inventory. This means managing the PCR Bids as well as managing forecasts and month end TM1 postings.
  
  
• Asset management involves maintaining accuracy on the Non-Current Asset Register and providing advice on the proper management of said assets.
  
  
• Core Day to Day Duties - Inventory Analysis, Interrogating Anomalies, Writing a Narrative, Monthly Reporting, Little bit around Business Cases, usually disposals, Due Diligence, Sense Checking.
  
  
• Delivery of In-year Budget and Forecast, coordinating monthly submissions and associated Management Information in line with the consolidated departmental timetable and for review at Assistant Head and Deputy Head level. This includes collaborating with colleagues within the Project/Delivery Team and providing accurate financial information to Project Managers and Delivery Team Leaders.
  
  
• Support the production of long-term financial planning submissions looking 10 years ahead (known within the company as the Annual Budgeting Cycle - ABC) for review at all levels up to 1 star taking account of key elements including, but not limited to: Assumptions, Risk and Options.
  
  
• Ensure accounts are robust taking account of the following key elements, including but not limited to: General Ledger management, maintaining Project Accounts, Asset Accounting and Inventory Accounting. Ensure appropriate governance and control is undertaken in accordance with company accounting policy and National Audit Office requirements.
  
  
• Undertake financial accounting returns and contribute to continuous improvement initiatives including review of Financial Statements and the production of an Audit File for review.
  
  
• To produce and/or scrutinise Business Cases including a Value for Money (VFM) assessment, affordability scrutiny and provide financial concurrence within delegated authority.
  
  
• Must have good analytical ability to work on and resolve issues that relate to transactions that often occurred some time ago.
  
  
• Another is to understand the rules and principles that underpin company inventory and pass on this advice to colleagues who do not work in this area so may not understand the terms so the ability to convey information is important and finally, good communication and collaboration is key.
  
  
• This role requires almost constant communication with key stakeholders such as Supply Chain to understand and collaborate with them to resolve issues in that space.
  
  
• The same level of collaboration is required when working with either Inventory or BAU Finance Managers as they each have their own tasks that require input.
  
  
• It is important to note that traditionally unlike other equivalent roles across the company, this role does not require the individual to be a Chartered Accountant.
  
  
• Essential skills and experience – strong analytical ability to investigate complex, aged transactions, in-depth knowledge of company inventory rules and financial management principles, effective communicator with the ability to explain technical finance concepts to non-specialists, proven stakeholder engagement and collaboration, particularly with Supply Chain and Finance Teams, proficient in MS Excel and capable of monthly financial reporting and narrative writing, background in supply chain, logistics, or finance with a focus on inventory, and ability to challenge anomalies and ensure accuracy in financial postings.
  
  

As a member of the Armed Forces Covenant, the Client guarantees to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group.