Stock Accountant

Job Description

Inventory Reconciliation: Perform regular reconciliations between the physical stock and the ERP system; investigate and resolve any variances.
Valuation & Costing: Oversee the accurate costing of inventory (FIFO, LIFO, or Weighted Average) and ensure all landed costs are correctly applied.
Audit Management: Lead periodic and annual physical stock takes. Coordinate with external auditors during year-end reviews.
Process Improvement: Identify gaps in the supply chain process that lead to stock loss or damage and implement tighter internal controls.
Waste & Obsolescence: Monitor and report on damaged or expired goods; manage the “write-off” process according to company policy.
Variance Analysis: Investigating discrepancies between theoretical stock and actual stock (the “shrinkage” factor).
Reporting: Prepare monthly inventory reports, including Stock Aging, Slow-moving vs. Fast-moving items, and Inventory Turnover ratios.
Documentation: Managing Goods Received Notes (GRN), delivery notes, and purchase orders to ensure the “paper trail” is airtight.
About You
A Bachelor’s degree in Accounting, Finance & 4 years of Experience in inventory control, warehousing, or general accounting.