Keenfinity

Global Inventory Controlling & Material Ledger Expert (m./f./div.)

Ovar, Portugal · Hybrid · Full-time

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About the role

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EmployerKeenfinity
LocationOvar, Portugal
Work styleHybrid
Employment typeFull-time
Employer posted1 month ago

We are seeking an experienced and highly analytical Global Inventory Controlling & Material Ledger Expert to oversee inventory accounting and valuation processes across the organization. This role serves as the central expert for inventory-related accounting matters, ensuring compliance with IFRS requirements, supporting stock-taking activities, collaborating with auditors, and driving process improvements within SAP.

The successful candidate will act as a key business partner to Group Accounting, Controlling, Supply Chain, Logistics, Local Finance, and IT teams, ensuring accurate inventory valuation and transparent financial reporting.

Key Responsibilities

Inventory Accounting & Valuation

Own and oversee inventory accounting processes across the organization.
Ensure accurate inventory valuation in accordance with IFRS, particularly IAS 2 Inventories.
Review and analyze inventory movements, valuation adjustments, and related financial impacts.
Support period-end and year-end closing activities related to inventory.
Maintain and further develop inventory accounting policies and procedures together with Group Accounting.

Show full description

Material Ledger & ERP Expertise

Serve as the subject matter expert for SAP Material Ledger.
Analyze inventory transactions, movement types, and valuation processes within SAP.
Navigate and reconcile financial impacts between balance sheet accounts, material ledger, and profit & loss statements.
Support troubleshooting and process improvements within SAP FI, CO, and MM modules.
Partner with IT and master data teams to resolve system issues, authorization topics, and data quality concerns.

Stock Taking & Inventory Controls

Coordinate global stock-taking activities and inventory count procedures.
Define stock count schedules and monitor compliance across locations.
Provide training and guidance on inventory counting procedures and controls.
Monitor stock count results and ensure appropriate follow-up actions.
Collaborate with local controllers and logistics teams responsible for operational stock counts.

Business Partnering & Stakeholder Management

Coordinate closely with external auditors and act as the primary point of contact for audit-related inquiries
Build strong partnerships with the key stakeholders within the organization
Support cross-functional initiatives and projects impacting inventory valuation and reporting.

Controlling & Financial Analysis

Understand and analyze P&L impacts arising from inventory valuation, depreciation, cost allocations, and manufacturing variances.
Support management reporting and provide insights on inventory-related financial performance.
Identify risks and opportunities related to inventory management and valuation.

Process Improvement

Drive standardization and optimization of inventory accounting processes.
Improve controls around inventory valuation, stock counts, and SAP master data.
Support system enhancements and automation initiatives related to inventory management and accounting.

Qualifications

Bachelor's degree in Accounting, Finance, Business Administration, Economics, Supply Chain Finance, or a related field.
Professional accounting qualification (e.g., ACCA, CPA, CIMA, CMA) is a plus.
More than 7 years of professional experience in relevant positions.
Experience working in an international and cross-functional business environment.
Strong knowledge of inventory accounting and valuation principles.
Solid understanding of IFRS, particularly IAS 2 Inventories.
Hands-on experience with SAP Material Ledger (MM) and SAP FI/CO modules or similar ERP systems.
Strong understanding of financial statement impacts related to inventory accounting.
Excellent Microsoft Excel skills.
Fluent English (written and spoken) is mandatory
Strong analytical and problem-solving skills.
Ability to communicate effectively with finance and non-finance stakeholders.
High degree of ownership and accountability.
Strong organizational and coordination capabilities.
Ability to manage multiple stakeholders in a global environment.
Detail-oriented with a continuous improvement mindset.

Keenfinity benefits includes:

⚖️ Flexible work conditions (2 days of HO)

🧑‍⚕️ Health insurance and medical office on site (nutrition, psychology, physiotherapy and general clinic)

🍽️ Canteen

🅿️ Free parking lot

🏋️ Sports and health related activities (gym)

📚 Training opportunities (i.e., technical training, foreign languages training) & certifications

📈 Opportunities for career progression and continuous professional development

🌐 Exchange with colleagues around the world

💲 Access to great discounts in partnerships and products

🌍All our positions are open to people with disability

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At Keenfinity we don’t just build innovative solutions — we shape a smarter, more connected world through technology.

We value different backgrounds, ideas, and experiences and we’re committed to growing, learning, and celebrating success as one team. Everyone is welcome here — we foster an environment where everyone is respected, valued, and encouraged to be their authentic self.

Keenfinity is an equal opportunity employer, offering equal opportunities for all. We welcome applications from people with disabilities and can offer support, if needed. When everyone has a chance to contribute, we all do better.

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