Inventory / Intercompany Supervisor - Prague, Czech Republic

We require:
• 3-5 years experience in accounting operations, specifically fixed assets and related activities
Work experience within a European organization context (preferable)
• Experience of regulations & requirements related to US GAAP
• Fluency in English/Other relevant languages would be an advantage
• Strong knowledge on the application of accounting tools and IT systems, some experience in working with SAP desirable
• Good understanding of how fixed asset processes fit into overall finance process and service delivery
• A high level of numerical and analytical skills
• Excellent command of written/verbal business English

The right candidate will be responsible for leading the inventory and inter-company accounting activities and manage team performance with respect to the following activities:

Inventory
• Carry out a monthly review of total inventory movements which involves collating weekly reports in an excel template to ensure that inventory behaves as expected
• Run and review inventory adjustment reports – investigate any issues with Local finance e.g. call/email warehouse to understand write off issues

Reconcile inventory to GL:
• Run inventory balance reports and identify and resolve variances to ensure reconciliation to GL
• Liaise with Local finance where appropriate to resolve issues
• Prepare and post manual journal entries where required
• Approve and file all adjustments following issue resolution

Inventory Provisions:
• Run SLOB reports and assess provisions
• Investigate issues with local finance and calculate additional provisions where required
• File SLOB reports and any additional documentation with a copy of the journal in the month

Inventory Write offs:
• Calculate amounts and financial impacts of write off submissions from warehouse inventory management & send write off instructions to warehouse
• Annual revaluation of inventory & Valuation of new products
• Review supplier costs components
• Update and approve standard costs information as required
• Valuations of new products; collect cost information and seek approval of simulated new standard costs

Intercompany Transactions
• Ensure that all intercompany transactions are pre –approved prior to payment to minimize intercompany out of balances
• Automatically raise and process intercompany invoices on behalf of the initiator where an agreement is in place with an affiliate for recurring charges
• Resolve any issues with operating company as and when required
• Update and submit InterCompany reports to corporate

Customer Service Responsibility
• Maintain good working relationships with the A2R Manager , Local finance, Warehouse, EDO teams, operating companies and other FSSC teams
• Initial query management with local FASE
• Support the A2R Manager in achieving process improvements
• Deliver service in line with agreed controls and procedures
• Maintain and improve internal customer service standards

Management Responsibility
• Manage the continuous improvement of team
• Process issue resolution
• Promote team co-operation
• Recruit and train new team members
• Facilitate staff learning and promote multi-skilling
• Organise staff rosters and leave schedules in co-operation with other Supervisors
• Deliver effective, timely communication to the Manager
• Motivate team to achieve individual and team objectives

For our client, a multinational company providing a broad range of FMCG products and services in health care, we are looking for an Inventory/Intercompany Supervisor.