Senior Inventory Accountant

This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Senior Inventory Accountant based in Germany. This is an exciting opportunity for an experienced accounting professional to take ownership of inventory reporting and costing activities within a fast-paced, international environment. The role sits at the crossroads of finance, operations, and supply chain management, providing critical insights that directly influence business performance and strategic decision-making. You will play a key role in ensuring financial accuracy, strengthening internal controls, and improving inventory processes across multiple locations. Working alongside cross-functional stakeholders, you will transform complex inventory data into meaningful financial intelligence while contributing to operational excellence and long-term growth initiatives. Accountabilities Own monthly, quarterly, and annual reporting activities related to inventory accounting, cost of goods sold (COGS), and stock valuation, ensuring complete and accurate financial records. Prepare and review complex accounting entries, including standard cost adjustments, purchase price variance (PPV) analysis, and slow-moving or obsolete inventory (SLOB) provisions. Reconcile physical inventory, warehouse management systems, sub-ledgers, and ERP financial data, identifying and resolving discrepancies proactively. Lead and optimize cycle count programs and coordinate annual inventory counts with operational teams and external auditors. Manage inventory costing methodologies, including standard, FIFO, or average cost approaches, and provide recommendations to improve margin performance. Support month-end and year-end closing activities, ensuring timely resolution of inventory cut-off and reporting issues. Serve as the primary contact for inventory-related audits by preparing robust documentation and responding to external auditor inquiries. Design, evaluate, and enhance internal controls and financial processes to improve efficiency, reduce risk, and strengthen governance. Requirements Professional accounting qualification such as ACCA, ACA, or an equivalent certification. Proven experience in inventory accounting within manufacturing, retail, distribution, or similarly complex operational environments. Strong expertise in IFRS and local GAAP requirements related to inventory valuation, including IAS 2 standards. Demonstrated experience managing end-to-end inventory accounting processes, including SLOB provisions, PPV analysis, costing methodologies, and multi-site reconciliations. Advanced proficiency with ERP platforms such as SAP, Oracle, NetSuite, or similar financial systems. Excellent Excel and data analysis capabilities, with the ability to manage and interpret large and complex datasets. Strong communication skills, with the ability to present financial findings effectively to non-finance stakeholders across operations, procurement, and logistics functions. Proven ability to manage multiple priorities and deliver high-quality outputs within demanding reporting deadlines. Additional experience with ERP implementations, automation tools, RPA technologies, VBA, Python, multi-entity environments, foreign exchange accounting, or process improvement initiatives is considered an advantage. Benefits Competitive salary package and participation in a virtual stock option plan (VSOP). Relocation support, including financial assistance and temporary accommodation. Annual learning and development allowance to support professional growth. Comprehensive health and wellness benefits, including gym membership support and mental health resources. Regular company events and monthly social allowances. Enhanced parental leave package, including fully paid leave for primary and secondary caregivers. Family-friendly policies, including paid family emergency leave and remote work flexibility during pregnancy and return-to-work periods. Opportunity to work in a highly innovative and mission-driven environment with significant ownership and impact. #J-18808-Ljbffr