Job Description

Vacancy Name

Finance Assistant - Supply Chain

Employment Type

Permanent

Country

United Kingdom

Location

Liverpool

Business Area

Finance

Workplace Type

Hybrid

About Princes

The Princes Group has over 7,000 employees with offices and production sites in the UK, Netherlands, Italy, Poland, France and Mauritius. Princes manufactures 350 different food and drink products responsibly sourced and enjoyed by consumers every day. None of this would be possible without striving to be an employer of choice, where our colleagues are proud to represent our business.

Role Description

Manage, control and maintain the distribution costing system to enable accurate costings to be reflected in tenders, budgets, forecasts and reporting actuals.

Assisting Supply Chain Analysis Manager & Logistics Analyst with month end accruals, prepayments and balance sheet reconciliations.

Implementation and changes in the DC system due to new routes to market, product streams, contracts negotiated and reporting sectors for both the UK and European markets.

Develop new methods of costing routes to market to enable cost allocation down to product level to ascertain more accurate customer profitability analysis.



Principal Responsibilities



Posting of month-end journals / prepayments



Assist in the reconciliation of all balance sheet accounts at prescribed frequencies
Manage and review accruals by the costing system to ensure accuracy. The outputs from the distribution costing system which will be managed by this role are Reflection in tenders Payments to service providers Budget, A8 forecasting Scenario planning around routes to market During new contract negotiations challenges both internally and externally to ensure that the distribution costing system is capable of accruing at the correct level. Chairing and owning meetings and outputs related to implementing new ways of working through more accurate cost allocation and developing more visibility for the Logistics finance team to have a clear understanding of costs and variances to budget. Working autonomously to implement new complexities & routes to market in line with internal controls, being mindful of accruals which in turn will be reported by the logistics finance team. Maximisation of the DC system and minimise the need for incremental purchase orders. Manage reconciliation of accruals with the SAP system against proposed invoice values received from logistics service providers. Reconciliation and challenging any variances with external parties. Key point of contact for managing interfaces with the IT logistics representatives in relation to all aspects of change to the Distribution Costing system. Responsible for maintaining back up documentation for changes to the DC system which will be audited by both internal and external auditors throughout the year. Creation of new vendors to be paid for logistics activities in line with internal & external controls. Raising invoices on a regular basis for clams which arise in the supply chain.

Role Requirements

Studying for a professional qualification / Working towards or qualified AAT Proficient in excel Experience of SAP Able to work to tight deadlines Excellent interpersonal and communication skills Excellent understanding of Supply chain theory and cost principles. - covering warehousing, distribution, forecasting and stock control Understanding of retail customer and Princes supply chains. * Understanding of key accounting concepts and how secondary distribution costs affect customer profitability