Inventory Costing Team Lead
1 month ago
**About Ampol**:
Ampol supplies fuel to approximately 80,000 business customers in diverse markets across the Australian economy, including defence, mining, transport, marine, agriculture, aviation, and other commercial sectors. Our retail network also serves approximately three million customers every week with fuel and convenience products.
We now also have the goal of becoming the supplier of choice with alternative energy solutions to power better journeys including the development of electric vehicles and other non-traditional transport fuels present an opportunity for Ampol to decarbonise the transport market and leverage our existing position into clean charging infrastructure.
Energy Transition and Decarbonisation is one of Ampol’s four strategic pillars, a key priority area that will help ensure we deliver on our purpose to ‘power better journeys today and tomorrow’.
We are proud to be recognised as an employer of choice for women by WORK180 and are winners of an Employer Brand award through LinkedIn. Check out one of our key leader's career stories, supported by Ampol. 7 Leadership tips for women in male-dominated fields - WORK180
**About the role**:
Ampol’s Inventory Costing Team is responsible for the delivery of efficient, accurate and timely inventory cost accounting to support and contribute to the achievement of Ampol’s strategy.
The Inventory Costing Team Lead prepares monthly closing fuel inventory costing valuations, including reconciliation of inventory volume movements and the calculation of inventory cost.
Reporting to the F&I Accounting Manager within the Group Finance division, the role also supports and upskills a team of 3 Inventory Costing Accountants.
**Key responsibilities include**:
- Investigate and resolve material inventory volume and dollar reconciling items
- Ensure accurate inventory master data, including setting up cost estimates for new plants/products and update monthly standard cost estimates
- Ensure accurate and timely forecast and budget of closing inventory volume and dollars
- Provide daily forecast for trading cashflows to Treasury and perform payment check
- Undertake projects or special reviews as required
- Prepare and submit the Australian Petroleum Statistics and The Survey of Producer Prices
- Manage and co-ordinate the Trading Accounting team workflow including allocation of resources and reviewing completion of account reconciliations for spot trading, term contracts and borrow/loan accounts
- Maintain the integrity of financial information by ensuring compliance with Ampol accounting policies, accounting standards and internal controls
- Build and maintain effective relationships with key stakeholders across Ampol, including external parties
- Develop and enhance people and processes so that organisational capability remains effective and efficient to adapt to business needs and in line with best practices
**About you**:
You will have relevant tertiary and CA/CPA qualifications along with 3 to 5 years’ post qualification experience in Inventory Cost Accounting, ideally from an ASX listed corporation.
**Key skills and experience**:
- Demonstrated team leadership experience, 1-2 direct reports
- Ability to work and communicate effectively with internal and external stakeholders including Government and regulatory bodies
- Strong attention to detail and a curious mind
- Sound understanding of key accounting principles
- An ability to analyse, understand and solve problems
- Strong verbal and written communication skills
- Enthusiasm/commitment to continuous improvement
- Advanced knowledge of SAP
- Intermediate/Advanced knowledge of Microsoft Office Suite
**Our benefits**:
- **Our total remuneration is competitive**. This is across base salary, a performance incentive, employee share offers and a 25% discount on Fuel for two privately used cars
- **We are flexible**. Many of our teams have embraced hybrid work, balancing time spent remote working, with time spent at an office to connect and work together where it adds value.
- **We value recognition.** We have an internal recognition platform amplifying the achievements of those who do great work and demonstrate our capabilities and values.
- **Career development** and learning opportunities including LinkedIn Learning and other tailored training solutions
- **Paid Parental Leave** - up to 12 weeks paid Parental leave, and up to a year off (unpaid)
- **BabyCare Package** - financial and flexible support for parents transitioning back to work
- **Need some wheels**? Novated Lease options are available
- Invest in your future with the **Employee Share Scheme**:
- **Care for your Community.** Spend one paid day a year volunteering with one of our Ampol Foundation partners.
- Ampol Limited Benefits | WORK180 Endorsed Employer
- At Ampol we encourage vaccination against Covid-19 as an effective measure in helping to protect our people and our communities._
**Applications close Tuesd
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