Inventory Contoller / Stock Accountant

Recruiter: NFT CONSULT
Contract: Permanent
Salary: Confidential
Status: Active

Job information

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ACCOUNTING, BUSINES MANAGEMENT AND ADMINISTRATION
ACCOUNTING, BUSINES MANAGEMENT AND ADMINISTRATION
Nairobi

Job Description

Qualifications
  • Bachelor’s degree in Business/Accounting/Finance or related field.
  • Professional accounting qualification (ACCA/CPAK).

Relevant Knowledge & Experience

  • 3-5 years’ experience inventory management in a busy manufacturing environment
  • Able to work in a fast-paced environment and cope with pressure.
  • Knowledge of stock Accounting /Inventory Management and financial reconciliation.
  • Must possess skills in general ledger accounting with bias in stock accounting.
  • Awareness of Financial accounting working knowledge.
  • Advanced skills in MS Excel.
  • Hands-on experience in operating spreadsheets.
  • Proficiency in English and in MS Office.
  • Must have experience and be able to demonstrate proficiency with an ERP application.
Responsibilities
  • To be the custodian of stock records/balances, responsible for physical verification, daily reconciliations and general monitoring of stock activity.   
  • Diagnose and resolve causes of inventory variances/discrepancies.
  • Oversee and coordinate physical inventory counts of goods (monthly and cycle counts) for all locations along with regular inspections to identify discrepancies or ways to improve inventory management.
  • Coordinate with warehouse team to implement and ensure proper control systems and procedures to reduce theft, damage, breakage and inventory obsolescence.
  • Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments.      
  • Regular review and reporting on Inventory Ageing analysis report and taking appropriate/recommended actions.
  • Support accurate and timely financial reporting through ensuring all stock data is updated correctly.
  • Assist in developing and implementing inventory policies and procedures.
  • Monitor all inventory related transactions on the ERP to ensure proper recording, completion and clean-up of incomplete transactions i.e., transfer orders, purchase orders and sales orders/return orders.
  • Ensure that stock dispatched to customers are matched with delivery notes and actual invoices issued to the customers.
  • Assist with the preparation of schedules and/or reports required by external auditors in connection with the audit of the annual financial statements.

 

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