Inventory Accountant

Hybrid, Hook (3 days per week office-based however this can increase during month end). Regular visits to group operational sites are also required

Working Hours:
Monday to Friday 37.5 hours per week (8:30am – 5:00pm)

Job Status:
Permanent

At cinch our mission is simple - to remove the faff from buying and owning cars, giving customers more choice, with more ease (not to mention a free 90-day warranty on all cars...)

Already the UK’s largest online used car retailer, we’re expanding our offering with an exciting roadmap of online and physical retail solutions - including faff-free car servicing at over 100 locations across the country.

We’re part of Constellation Automotive Group - a family of brands that also includes We Buy Any Car, British Car Auctions (BCA) and Marshall Motor Group. Together, cinch and Marshall operate as Constellation Retail - bringing together 100+ years of motoring know-how at 130+ stores (Marshall) with a market-leading digital experience from a much-admired brand (cinch).

The road ahead for you is clear. Join us and you’ll get a unique opportunity to grow your career across two leading automotive brands that are really going places. Buckle up and enjoy the ride.

The company owns significant amounts of vehicle inventory, which is stored and prepared at a number of group operating sites around the UK. Reporting to the Finance Manager, the Inventory Accountant will play a key role in reporting and control in respect of inventory.

Responsibilities include:

• Accounting and maintaining accurate and up to date records relating to vehicle inventory, including preparation and posting of month-end journals
• Ensuring that purchases of inventory from multiple sources (auctions, lease companies, customers and other parties) and sales of inventory (to customers or to trade) are recorded accurately
• Inventory and other related balance sheet reconciliations
• Supporting colleagues in other parts of the business, including the Inventory Operations and Customer Experience teams, with processes which cross between inventory and finance, and in developing financial controls and processes for new transaction types
• Supporting operational teams in planning and preparing for stock counts performed during the year and as part of the year end process
• Regular attendance of operational site inventory counts to ensure that: correct processes are followed; records are properly maintained; reconciliations are performed and documented correctly; and any adjustments reflected in the general ledger
• Supporting the year-end external audit process
• Identifying and implementing improvement in processes and controls
• Ad-hoc analysis and participation in ad-hoc projects

• Experience of accounting for significant levels of inventory, located at multiple locations, is highly desirable
• Appropriate accounting qualification (ACA/ACCA/CIMA), or significant in-house experience
• Strong, current technical skills
• Desire to improve financial and operational processes, and experience of having done so
• Well-organised with excellent attention to detail and the ability to multi-task
• Ability to take ownership of tasks and see them through to completion whilst working under pressure to meet deadline
• Flexible, able to work in a fast-paced environment employing pragmatism where necessary.
• Excellent interpersonal and communication skills
• Articulate, persuasive, confident, possessing sound intellect; a self-starter with the ability to combine professional rigour with practical business requirements
• Ability to work independently and present findings in a concise way.
• Experience of Microsoft Dynamics Business Central or Navision accounting systems is preferred, but not essential

cinch’s benefits programme sees that our people are supported both in and out of work. That’s what a faff-free life is all about. We offer:

• Competitive salaries and bonuses
• A company pension scheme
• An Employee Assistance Programme
• Access to trained mental health first aiders
• Enhanced maternity, paternity, and adoption leave

And so much more!

In making the most out of a career at cinch you need to be curious,…