Senior Inventory Accountant – Spare Parts Finance

About the role

The Senior Inventory Accountant will ensure accurate accounting, financial control, and reporting for the Group's spare parts operations. Working closely with Procurement, Materials, Engineering, Logistics, and Finance, the role supports the transition to a centralized purchasing and inventory management model.

Key responsibilities

• Oversee financial accounting of spare parts procurement and inventory activities across multiple entities.
• Develop and implement accounting policies that support the centralized purchasing model.
• Establish and maintain financial controls over inventory, procurement, and warehouse operations.
• Manage inventory valuation, reconciliations, provisioning, and reporting.
• Ensure correct accounting treatment of purchases, repairs, exchanges, sales, disposals, and inter‑company transfers.
• Handle accounts payable, accounts receivable, and cash flow related to spare parts.
• Support consolidation of purchasing activities into a single Group procurement structure.
• Drive process improvements and system integration between procurement, inventory, and finance systems.
• Monitor inventory performance, stock turnover, obsolescence risks, and working‑capital requirements.
• Coordinate month‑end, quarter‑end, and year‑end reporting for inventory and procurement.
• Assist budgeting, forecasting, and financial analysis of spare parts activities.
• Liaise with auditors, tax advisors, banks, and other stakeholders on inventory and purchasing matters.
• Provide technical guidance to accounting and finance personnel supporting the spare parts function.
• Participate in strategic initiatives to improve operational efficiency and support Group growth.

Required profile

• Bachelor's degree in Accounting, Finance or a related discipline.
• Professional qualification such as ACCA, ACA, CIMA (qualified or in progress).
• Minimum 5 years of accounting experience with strong exposure to inventory, procurement, or supply‑chain finance.
• Experience in a multi‑entity or Group environment is an asset.
• Strong knowledge of inventory valuation, reconciliations, provisioning and financial reporting.

Required skills

• Proficiency with ERP systems and inventory management processes.
• Advanced Microsoft Excel skills.
• Experience with reporting and business intelligence tools.