Overview of the role
Manage, control, and analyse all stock to ensure branch stock, leakage and wastage is correctly reported in the system and ledger. You will ensure that financial and accounting information, including product and pricing information is produced in an accurate and timely manner in order to allow store margin to be calculated.
Main Responsibility
- Operate and maintain all systems of gross margin calculation and stock recording within retail branches. Ensure retail stock reported in the balance sheet is accurately recorded and valued. Resolve and correct any anomalies where appropriate.
- Review and analyse significant stock leakage and wastage following stock takes and provide analysis / reports of variances, working with operations and stock takers to drive leakage and wastage down and improve accuracy
- Maintain monthly provisions for both retail and wholesale stock, working closely with exec members to mitigate future risks
- Provide reporting of key stock levels and margin to both branch and operations staff
- Produce monthly stock reports for senior management
- Oversee the relationship with stock takers to ensure stocktakes are correctly timetabled, resourced and communicated to retail ops
- Ensure the OPD and prisons margins along with specific project margins are accurate at branch level and produce relevant reports for operations and commercial
- Review stock postings for various services.
- Ensure that all product and pricing information is accurately maintained in all systems (FP34, InPrice, Stock file price file) covering retail estate and prisons.
- Work with offshore team to ensure monthly general ledger journals are posted correctly.
- Ensure offshore team complete balance sheet reconciliations in an accurate and timely manner.
- Dealing with external auditors at 2 audit visits per year including responding promptly to queries.
- Any other ad hoc tasks or team cover that may be required by management from time to time.
Problem solving & change:
- Understanding the need for accuracy in the accounts and judgement required in journal preparation
- Understanding the reporting deadlines and need for efficient time planning
- Able to make decisions regarding exception reporting to management
Key knowledge and skills required for the role:
- Previous finance experience essential, experience of stock and margin desirable
- Part Qualified accountant (CIMA / ACCA / ACA)
- Advanced user of Microsoft Excel.
The Ideal Candidate
Well are proud to be a diverse and inclusive employer. If you have any specific requirements, we'll do everything we can to support you. Whether it is to find a pharmacy that is accessible, or if it is a part time position you are looking for, we can help find the role that is right for you. If you need us to make any reasonable adjustments to our recruitment process, we will be happy to accommodate you.
Please be aware that due to the high number of applications we receive it may not be possible for us to provide an outcome to all applicants. If you are not contacted within 28 days of your submission unfortunately you will have been unsuccessful.
Package Description
- Competitive salaries
- Excellent training & development opportunities
- Paid Holidays
- Workplace pension scheme
- Staff Discount
- Travel Loans and more…..
About the Company
For over 70 years, we’ve been looking after the health and wellbeing of communities across the UK. Well Pharmacy is the third largest pharmacy chain in the UK with c.760 pharmacies and a team of around 7,000 colleagues based across our Community Pharmacies, Online Pharmacy, Healthcare Services Centre, Community Drivers, Bestway Medhub & Wardles team and our Support Centre team.
Our mission is to be here for the wellbeing of our patients and customers, to provide the best community pharmacy experience in the UK for everyone, for our patients, our customers, our people, and our NHS.
The pharmacy of the future will look very different from the one we know today. It will play a huge role in transforming primary healthcare and we will play a central role in bringing it to life.
We will use our clinical expertise and technological ambition to take advantage of the potential this future has to offer us. Making medicines, advice, services and care available in the places and spaces that people need and want it most.
We want to be a great business. To be recognised as delivering a community pharmacy experience that is the best there is. To do this we want our teams to feel proud about the positive impact they make, feel valued as part of a close-knit and expert community, and feel confident in their role in a business that is stable, innovative, and caring.
‘Together we make a difference’
