Inventory Accounting & Reporting

• Maintain accurate inventory records in the accounting/ERP system.

• Monitor stock movements, including GRN, issuance, transfers, adjustments, and returns.

• Perform regular inventory reconciliations between system records and physical stock.

• Prepare monthly inventory reports, costing summaries, and aging analysis.

• Track inventory valuation (FIFO/Weighted Average or company policy).

• Review slow-moving, obsolete, and damaged stock and provide recommendations.

Cost & Control

• Monitor cost of goods sold (COGS) and inventory variances.

• Verify purchase invoices, landed cost, freight, and other cost components.

• Ensure proper approval and documentation for stock adjustments and write-offs.

• Support annual budget and cost-saving initiatives related to inventory.

Audit & Compliance

• Support internal and external audits on inventory-related matters.

• Ensure compliance with company policies and accounting standards.

• Strengthen internal controls for stock issuing, receiving, and counting.

Cross-Department Coordination

• Work closely with Warehouse, Procurement, Sales, and Operations to resolve discrepancies.

• Lead monthly or quarterly stock count exercises and investigations.

• Provide guidance to junior accounting staff on inventory-related tasks.

• Education: Bachelor’s degree in Accounting, Finance, or a related field.

• Certification: ACCA/CPA  certification is highly preferred.

• Experience:

  • Minimum of 7 years of progressive experience in accounting, with significant hands-on experience in Inventory accounting.

  • Proven experience in a senior or supervisory capacity.

• Technical Skills:

  • High proficiency in Microsoft Excel (PivotTables, VLOOKUPs, Sumifs) is essential.

  • Strong experience with ERP systems (e.g., SAP, Oracle, Odoo, Microsoft Dynamics) is required.

  • Solid understanding of Generally Accepted Accounting Principles (GAAP).

• Professional Skills:

  • Exceptional attention to detail and accuracy.

  • Strong analytical and problem-solving abilities.

  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.

  • High level of integrity and ability to handle confidential information.

  • Proactive, self-motivated, and able to manage multiple priorities in a fast-paced environment.