Key Responsibilities:
- Monitor, track, and reconcile inventory records across systems (ERP, accounting software, and physical stock).
- Ensure accurate recording of inventory transactions, including receipts, transfers, issues, and adjustments.
- Perform regular stock counts, cycle counts, and audits; investigate and resolve variances.
- Assist in valuing inventory in accordance with applicable accounting standards (e.g., FIFO, LIFO, Weighted Average).
- Coordinate with procurement, warehouse, production, and finance teams to ensure inventory accuracy.
- Analyze inventory data to detect trends, slow-moving stock, and recommend optimization strategies.
- Support financial audits by providing inventory data and documentation.
- Prepare and submit regular inventory reports to management, highlighting discrepancies or areas of concern.
- Ensure inventory controls and procedures comply with internal policies and external regulations.
- Participate in month-end and year-end close processes, including journal entries and inventory valuation reports.
Qualifications:
Education:
- Bachelor’s degree in Accounting, Finance, Supply Chain Management, or a related field.
Experience:
- At least 5 years of experience in inventory accounting, inventory control, or cost accounting roles.
Skills:
- Solid knowledge of inventory management principles and accounting standards.
- Proficiency in inventory or ERP systems (e.g., SAP, Oracle, NetSuite, QuickBooks, etc.).
- Strong Excel skills and experience with data analysis.
- High attention to detail and accuracy.
- Strong problem-solving and analytical skills.
- Excellent organizational and communication skills.
Job Types: Full-time, Permanent, Contract
Contract length: 24 months
Experience:
- Inventory Accounting: 5 years (Required)