Finance Stock Accountant

Naturecan; Manchester; Remote; GBP 60,000 - 80,000; Full time

Job description

About Us

Naturecan, founded in May 2019 by Andy Duckworth, the former CEO of Myprotein, and Paul Finnegan, is a global wellness brand focused on offering a premium, safe and effective hemp derived CBD, as well as other health-related products such as minerals to help people live a healthier, happier and more pain-free lives.

We are a tech start-up with a clear vision to succeed and emerge as a leader on Global markets.

Title: Finance Stock Accountant

Location: Remote

Salary: Up to £60k

About Naturecan

Naturecan is a global leader in CBD production and distribution, managing a complex supply chain across various locations, including Fulfilment Centres, Raw Material Warehouses, and 3PL Warehouses. Our diverse business activities span the production of CBD distillate in America, trading hubs worldwide, and extensive stock movements that demand innovative logistical and tracking solutions.

About Medcan
Medcan Holdco Ltd, a subsidiary of Naturecan Limited, operates multiple subsidiaries with activities including importing, wholesale supply, lead generation, and clinics. Managing stock across this diverse range of operations is critical to our success.

Role Overview

As a Finance Stock Accountant, you will oversee and report on all inventory movements across our operations. This role is integral to strengthening our stock management processes and systems, driving improvements in inventory accuracy, and minimising stock loss.

Key Responsibilities

Inventory Management:

• Maintain and improve the perpetual inventory program.
• Design and embed processes to track previously unmonitored stock movements.
• Ensure accurate reporting of stock levels across the business to meet company metrics.
• Conduct yield analysis, monitor output levels, and identify variance causes.

Stock Reporting and Reconciliation:

• Maintain stock AVCO (Average Cost) calculations.
• Develop and produce stock leakage reports and calculations.
• Investigate inventory discrepancies, identify root causes, and implement corrective measures.

Demand and Capacity Planning:

• Build and maintain location-specific demand and capacity plans in collaboration with the Trading and Buying teams.
• Conduct feasibility studies to assess operational changes.

Collaboration and Communication:

• Provide regular stock performance insights to the wider business.
• Liaise with auditors to share stock volume and costing data and address queries.
• Collaborate with the Replenishment Manager to refine replenishment models and improve low stock/Beyond Best Before (BBE) reporting.

Continuous Improvement:

• Drive and execute a continuous improvement program for stock processes and reporting.
• Monitor and optimise batch records, wastage, and distillate concentrations.

Reporting:

• Produce daily, weekly, and monthly reports to support decision-making.

Required Skills and Experience

• Experience: Proven management experience in inventory roles, with a strong understanding of Warehouse Management Systems (WMS), stock compliance regulations, and warehouse processes.
• Attention to Detail: Highly accurate and detail-oriented, with the ability to deliver within deadlines.
• Problem Solving: Analytical thinker with strong problem-solving skills to identify and address inventory challenges.
• IT Skills: Advanced Excel and data analysis tools experience essential; eCommerce experience is highly desirable.
• Communication: Excellent verbal and written communication skills, with the ability to present complex data clearly.
• Organisation: Highly organised, able to manage competing priorities in a fast-paced environment.
• Planning: Strong planning and analytical skills to develop and optimise inventory models.

Key Attributes

• Calm and effective under pressure.
• Proactive approach to identifying and addressing process improvements.
• Team-oriented, with the ability to build effective relationships across departments.

What We Offer

• Competitive salary and benefits.
• Opportunities for professional growth and development.
• A collaborative and innovative work environment.