Head of Costing & Inventory

• Participating in monthly operations reviews including providing financial data and commentary for monthly analysis related to key financial metrics

• Critically evaluating processes, implementing new/revised processes and procedures to help improve the organization

• Inventory analysis for consolidated inventory

• Finance representation on cross functional project initiatives throughout the organization

• Supporting the annual development of standard costs for the global business

• Forecasting inventory-related portion of working capital

• Forecasting and communication of PPV/Production variance and inventory reserves impacts to the business

• Managing month-end financial close process for inventory and related items, including preparation of journal entries, account reconciliations and ensuring that financial statements are in compliance with accounting standard

• Assessing and managing Purchase Price Variances

• Responsible for collaborating with business units to ensure financial entries related to inventory valuation are correctly recorded

• Oversight of inventory reconciliations with external and internal CMOs

• Responsible for oversight and execution of all Inventory-related SOX controls

• Recording all supply-related royalty payments to partners

• Driving the transfer of all inventory reserve calculations to the Inventory team and managing these entries on an ongoing basis

Strong business partnering, communication, and collaboration required to identify and convey pertinent information between Supply Operations and Business Unit Finance stakeholders

Education

ACCA/CA/ICAEW/Master’s in Accounting and Finance or equivalent professional qualification

Experience, Skills & Competencies

• Minimum 7 years of experience in similar capacity

• Understanding and in-depth knowledge of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS).

• Stong knowladeg on cost accounting and manufacturing accounting.

• Strong intellectual capabilities and analytical skills to solve complex accounting problems.

• Leadership and time management skills especially in achieving stiff deadlines.

• Effective interpersonal skills to develop and conserve successful relations with external auditor and Savola Finance team.

Sound communication skills both written and verbal