Management Accountant

Reliance Worldwide Corporation (RWC)

Plumbing Matters. We make it better. Our innovative products, built on a tradition of excellence, serve markets across plumbing, heating and construction to make our customers’ lives easier, while sustainably delivering unrivalled returns. We are publicly listed on the Australian stock exchange (ASX) with global headquarters in Atlanta, Georgia, USA, regional headquarters in Brisbane, Australia and London, UK. Our global family of trusted brands are committed to making a positive, lasting impact – we are better for our planet and better for our people. We operate in 45 facilities across 20 countries. We’re acquisitive and we’re laser focused on growth.

Our Culture

We’re big enough to make a difference and small enough for each one of us to make an impact. Whilst we operate on a global scale, we understand the importance of local markets by focusing on the needs of those markets. Our culture encourages our people to think differently, challenge the status quo and shape the world around us. Our values SPIRIT drive how we work together with a focus on Safety, Passion, Integrity, Reliability, and innovation, together as one global team. We have something special here – not just what we do, but who we are. We're not afraid to try new things; we punch above our weight; and we move with speed. Our strategy ensures we provide a safe environment for our people, and we actively promote diversity and inclusion. We are dedicated to sustainable practices and making a positive contribution to the community we serve. Everyone at RWC makes a valuable contribution to our business. Sound like somewhere you can see yourself. Read on.

Requirements

POSITION KEY RESPONSBILITIES

Reporting & Analysis

• Prepare comprehensive stock reporting for all EMEA sites, ensuring accuracy and timeliness to support operational and financial decision-making.

• Monitor inventory valuation and stock adjustments, investigating cost discrepancies and ensuring corrective actions are implemented to maintain integrity of financial statements.

• Deliver detailed cycle count variance reporting (monthly by site and quarterly for group), including root cause analysis and recommendations to improve stock accuracy and reduce write-offs.

• Provide insightful analysis and commentary for Plant Controlling and FP&A, transforming raw data into actionable insights that influence budgeting, forecasting, and performance reviews.

Monthly / Periodic Tasks

• Lead the closing of the Inventory Ledger for EMEA, ensuring compliance with group timelines and accuracy of reported figures.

• Calculate and validate stock provisions and intercompany stock for URP, applying appropriate accounting standards and documenting assumptions for audit purposes.

• Post WIP, recovery, and variance entries; execute order settlement (CO88) in SAP, ensuring all production costs are correctly allocated and reconciled.

• Perform balance sheet reconciliations for inventory accounts, investigating discrepancies and ensuring all adjustments are supported by documentation.

• Account for inbound and outbound freight costs across EMEA, validating accruals and ensuring accurate allocation to cost centres.

• Review non-standard COGS postings, investigate abnormal transactions, and ensure accruals for unrecognised spend are recorded to maintain P&L accuracy.

• Monitor stock controls across EMEA, including PSA stock and adjustments, to safeguard assets and maintain compliance with internal control frameworks.

• Audit inventory processes and compile cycle count reports for all sites, identifying control weaknesses and recommending process improvements.

Standard Costs Related

• Lead the annual standard cost update process in SAP, coordinating with FLT and site controllers to ensure accurate material costing and compliance with corporate guidelines.

• Execute ad-hoc costing updates and prepare monthly CK40N drafts, providing clear commentary and variance explanations for Plant Controlling and FP&A.

• Audit material master data fields relevant to costing, ensuring completeness and accuracy to prevent downstream errors in production and financial reporting.

• Prepare variance analysis and data validation reports for the annual standard cost update, highlighting key drivers and recommending corrective actions.

• Respond to external audit queries (e.g., KPMG) promptly and accurately, collaborating with FP&A to provide supporting documentation and explanations.

KNOWLEDGE, SKILLS & EXPERTISE

• An analytical, skilled problem solver with the ability to take a problem and, using relevant financial and operational data, prepare relevant analyses to support decision making.

• Resilient, able to work to tight deadlines and manage multiple stakeholders

• A keen willingness to learn and develop new systems

• Strong proficiency in Microsoft Excel (advanced level) and financial modelling. Experience with ERP systems such as SAP is desirable.

• Previous experience in a manufacturing organization is desirable.

• Strong analytical skills with the ability to work with large data sets, identify trends, and present actionable insights.

• High level of accuracy and attention to detail in all financial reporting and analysis.

• Excellent communication skills, both written and verbal, with the ability to convey complex financial information to non-financial stakeholders.

• Proactive in identifying issues and providing practical solutions.

• Ability to work effectively within a team, with a collaborative approach to problem-solving.

• Ability to understand complex accounting concepts.

REQUIRED/PREFERRED QUALIFICATIONS/EDUCATION

• A qualified accountant (CIMA/ACCA/ACA) or part-qualified with relevant experience.

What we offer you

A competitive salary

25 days holiday

Flexible holiday buy/sell scheme

Recognition and reward scheme

Internal and external learning and development

On site Café (West Drayton site)

Employee Assistance Programme

Cycle to Work & Tech Scheme

Enhanced Maternity & Partner leave 

Reliance Worldwide Corporation Ltd is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an environment of belonging for all employees. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized because of such a request.

Your information will be kept confidential according to General Data Protection Regulation (GDPR)