Clubs, Teams & Franchises
Inventory Finance Specialist - 18 Month FTC
Mid Level
Woking, United Kingdom
in office
Contract
Finance & LegalMotorsportGovernance & RiskFinancial Planning & AnalysisBudgeting & Forecasting
Job description
About the Role
The Inventory Finance Specialist will join the F1 Finance team on an 18-month fixed-term basis. The role supports the delivery of the Factory Flow Programme (Manufacturing Resource Planning) and wider improvements to inventory processes, controls and systems. The specialist works across Finance, Manufacturing, Software & Data Science, Planning and Logistics to improve inventory control, data integrity, valuation accuracy and governance.
Key Responsibilities
- Lead financial workstreams across Factory Flow, ERP and manufacturing transformation programmes, from defining requirements through to testing, implementation and adoption.
- Work closely with Finance, operational and software development teams to ensure new processes and systems meet financial and business requirements.
- Improve inventory processes, controls and systems to strengthen data quality, reporting, transactional integrity and valuation accuracy.
- Balance business objectives, cost cap regulations, statutory accounting requirements and deployment feasibility, helping stakeholders reach practical, informed solutions.
- Act as a subject matter expert for inventory valuation, inventory accounting and manufacturing financial controls, including raw materials, WIP and finished goods.
- Develop inventory valuation methodology, including the Costing Engine, cost allocation models, stock provisions, obsolescence, excess and ageing stock.
- Develop effective financial controls, governance frameworks and reporting processes, ensuring compliance with accounting standards and regulatory requirements.
- Partner with Programmes & Production, Software & Data Science, Factory Flow, Procurement and Finance on inventory and working capital decisions, translating complex issues into commercially focused recommendations.
- Develop tools, guidance and training to improve inventory financial management, performance and reporting.
Required Experience & Qualifications
- Proven experience leading financial workstreams across Factory Flow, ERP and manufacturing transformation programmes.
- Experience working closely with Finance, operational and software development teams.
- Expertise in inventory valuation, inventory accounting and manufacturing financial controls, including raw materials, WIP and finished goods.
- Experience developing inventory valuation methodology, including the Costing Engine, cost allocation models, stock provisions, obsolescence, excess and ageing stock.
- Experience developing effective financial controls, governance frameworks and reporting processes.
- Ability to balance business objectives, cost cap regulations, statutory accounting requirements and deployment feasibility.
- Experience partnering with Programmes & Production, Software & Data Science, Factory Flow, Procurement and Finance on inventory and working capital decisions.
- Experience developing tools, guidance and training to improve inventory financial management, performance and reporting.
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