Finance Manager – Group Inventory Accounting
Location: Cambridge or Luton
Introduction to role:
Are you ready to make a significant impact at AstraZeneca? We are seeking an experienced finance manager in inventory accounting to join our dynamic team in ensuring precise accounting for Group Inventory and Provision for Unrealised Profit in Stock (PURP). This role is pivotal in reviewing supply chains worldwide and managing inventory valuation. You will be part of the Group Financial Reporting team, working closely with various finance teams. The environment is fast-paced, offering exceptional opportunities for personal development. Are you up for the challenge?
Accountabilities:
- Direct management and provision of first-line support to the Group Intercompany Inventory Elimination accountants, including reviewing work performed during hard and soft close periods.
- Primary support to the Finance Director & Global Process Owner in the month-end close and soft close process for PURP.
- Perform the Inventory Statutory to Management Reconciliation, investigate and explain differences across the two valuations.
- Lead the relationship with Group Finance Services (GFS) for support and feedback around the Intercompany Inventory Elimination and inventory accounting processes.
- Assist in the preparation of and provide expertise in inventory and cost of goods sold disclosures in the Annual Report and 20-F.
- Key role in liaison with External Auditors throughout the year to ensure a successful audit process.
- Own and perform relevant SOX controls in the PURP process in accordance with the SOX reporting timetable.
- Own and manage update of relevant Group Statutory Intercompany Profit Elimination GSOP.
- Advise on accounting and reporting treatment and processes on inventory accounting, PURP and provide other practical support as required by reporting units.
- Work closely with SAP & GVC Senior Functional Consultant and 3rd party provider on implementation of system improvements, new legal entity set up in GVC, projects relevant for inventory accounting and S4HANA.
Essential Skills/Experience:
- Qualified accountant
- Significant experience of Inventory Reporting activities and accounting implications, including value chains, costing, stock in transit, material variances, revaluations and transfer pricing
- Experience using ERP systems, preferably SAP
- Understanding of consolidation mechanics and systems/tools.
- Experience of reporting under IFRS
- Proven leadership, mentoring and coaching skills in team management
- Experience of financial control and SOX frameworks
- Established history of delivering results in a large and complex business environment, with the flexibility to work collaboratively with various teams.
- Problem solving skills with the ability to identify, analyse and offer other solutions to complex problems and able to ensure objectives are met even when under pressure
Desirable Skills/Experience:
- Experience/understanding of the pharmaceutical industry
When we put unexpected teams in the same room, we unleash bold thinking with the power to inspire life-changing medicines. In-person working gives us the platform we need to connect, work at pace and challenge perceptions. That's why we work, on average, a minimum of three days per week from the office. But that doesn't mean we're not flexible. We balance the expectation of being in the office while respecting individual flexibility. Join us in our unique and ambitious world.
At AstraZeneca, you'll be part of a diverse team that powers our enterprise to better serve patients every day. We embrace an entrepreneurial spirit that encourages thinking differently, taking balanced risks, and spotting opportunities. Integrated with the whole enterprise, we use exciting new technology and digital innovations to accelerate our evolution. With countless opportunities available, this is the place to build an unrivaled reputation while making a big impact on patients' lives.
Ready to take your career to new heights? Apply now!
Date Posted
07-Aug-2025
Closing Date
03-Sept-2025 Our mission is to build an inclusive and equitable environment. We want people to feel they belong at AstraZeneca and Alexion, starting with our recruitment process. We welcome and consider applications from all qualified candidates, regardless of characteristics. We offer reasonable adjustments/accommodations to help all candidates to perform at their best. If you have a need for any adjustments/accommodations, please complete the section in the application form. #J-18808-Ljbffr