I am looking for an experienced inventory and revenue accountant who will be and integral part of the UK finance team for my Mid size Pharmaceutical client . Working with the Supply Chain team, this role leads the day to day financial activities related to inventory control and reporting of cost of sales.This includes preparation of month end accounts, budgeting & forecasting, balance sheet reconciliations, standard cost calculations and meeting audit and year end statutory accounting requirements. Excellent communication and relationship building skills are essential for the role You must have experience in COGS Inventory Month / year End Audit , Revenue , Net Sales IFRS 15IAS 2 J- SoxEmbrace technology Statutory Compliance Responsible for the valuation and reconciliation of group inventories in line with IFRS requirements and consolidation of financial statements (IFRS and UK GAAP) for UK filing purposesReviews and analyses landed costs to ensure that inventory is valued accurately (on a product, SKU and location basis) in accordance with IFRSLeads the financial audit in relation to stock checks and inventory reconciliation. Responsible to implement audit recommendations Reporting All reporting requirements related to inventory and cost of salesMonthly inventory analysis (levels and changes)Manufacturing cost variance analysisCost Accounting Monthly update of standard costs in the bill of materialsReview standard and actual costs for inaccuraciesValidate the cost of goods sold as part of the month-end closeAccumulate and apply overhead costs, as required, by using robust accounting principlesWork with the materials review board to locate and dispose of obsolete inventoryComplete annual inventory revaluationsReconciliations Reconciliation of balance sheet for areas in scope, including inventoryResponsible for reconciliations and stock checks of components, WIP, semi-finished goods and finished goodsCalculation of stock provisionsmaking true-up and revaluation adjustments to ensure that bulk supplied from OPC is valued in accordance with transfer pricing policyCentral Distribution Hub Accounting Accounting for stock movements between packaging plants and Arvato and from Arvato to customersReconciling stock movements at the packaging plants and ArvatoReconciling stock movements with sales transactions at ArvatoMonitoring, reconciling and resolving discrepancies with Arvato on a regular basis during the monthControls Responsible for ensuring controls over inventory are robust and movements are recorded accurately.PERSON SPECIFICATIONEducation / QualificationsQualified Accountant (ACCA, CIMA), preferably with a relevant Finance or Accounting degree.Broad Finance and Accounting experience with operational business experiencePrevious experience with inventory management and standard costing preferredTechnical Skills & Experience Advanced level in MS Office packages, integrated accounting systems including SAP and related transactional, report generating software and experience managing data (both batch control and financial).Proven ability to process high volumes of data rapidly and operate routine workflows and processes. Understands what constitutes good internal control and governance.Broad and in-depth Finance knowledge with the ability to communicate financial information clearly to individuals with limited finance knowledge and provide definitive financial advice.