Accountant-Financial Operations (Inventory accounting, supply chain operations)
ACCOUNTANT - FINANCIAL OPERATIONS
Work for our global clients and immerse in our rich and diverse company culture where you can thrive, grow and just be aweSOme! Apply now and discover the Satellite Office Candidate Experience – recognized as one of BEST among BPO companies worldwide.
WHAT IS A/AN ACCOUNTANT - FINANCIAL OPERATIONS?
Reporting to the Finance Business Partner – Supply Chain/Stock Integrity, this role sits within Financial Operations and will be support for the integrity, analysis, and reporting of supply chain financials, with a core focus on warehouse, freight, and stock integrity accounting.
The position plays a critical role in ensuring accurate financial results through robust month-end processes, journal preparation, accruals, reconciliations, and stocktake/shrinkage reporting, while delivering insightful analysis to support operational decision-making.
The successful applicant will work closely with the supply chain and stock integrity teams
WHAT WILL BE YOUR MAIN RESPONSIBILITIES?- Financial Reporting & Analysis
- Prepare and deliver detailed analysis of major supply chain cost lines, including:
- Warehouse costs (labour, rent, handling)
- Domestic and international freight
- Produce weekly/monthly supply chain reporting with clear insights on trends and key cost drivers.
- Prepare month-end financial reporting packs, including variance analysis and commentary.
- Support monthly and quarterly management reporting requirements.
- Drive improved visibility and transparency of supply chain costs, including:
- Cost per channel reporting
- Store and merchandise-level supply chain cost insights
- Month-End Accounting & Journal Entries
- Prepare and post accurate month-end journals, including:
- Warehouse cost allocations and adjustments
- Freight expense recognition and cost allocation
- Inventory-related entries (adjustments, provisions)
- Ensure all expenses are recognised in the correct accounting period through:
- Warehouse accruals (unbilled operating costs)
- Freight accruals (un-invoiced transport costs)
- Freight Clearing & Reconciliations
- Perform detailed reconciliation and investigation of overseas freight clearing accounts.
- Identify and resolve variances between:
- Overseas Freight costs incurred
- Supplier invoices
- Inventory capitalised costs
- Ensure timely clearing of balances and escalation of aged items.
- Inventory, Stocktake & Shrinkage
- Support month-end stocktake processes across distribution centres and stores.
- Analyse stocktake results and identify variances against book inventory.
- Calculate and maintain inventory provisions for:
- Store shrinkage
- Data Integrity & Costing Accuracy
- Assist in ongoing review of master data (e.g. cubic measures, product dimensions) to ensure accurate freight and warehouse cost allocation.
- Support enhancement of costing methodologies to reflect actual operational activity.
- Improve reporting accuracy through alignment of financial and operational data.
- Continuous Improvement & Projects
- Contribute to initiatives aimed at improving:
- Supply chain reporting capability
- Cost allocation methodologies
- Financial processes and controls
- Support ad-hoc projects across finance and supply chain functions.
- Highly detail-oriented, with a strong focus on accuracy and process discipline
- Proactive and able to work autonomously while managing competing priorities
- Strong communicator with the ability to clearly document and explain financial outcomes
- Comfortable working across virtual teams and cross-functional stakeholder groups
- Demonstrates ownership, urgency, and consistent follow-through
- 2–5 years’ experience in finance, inventory accounting, or supply chain operations
- Strong Excel skills (financial modelling and data analysis)
- Experience working with ERP systems (SAP preferred)
- Understanding of:
- Inventory accounting principles
- Accrual accounting
- Reconciliations and financial controls