Stocks Accountant

Responsibilities

• Implement and enforce inventory policies, procedures, technology, ERP workflows, and internal controls.
• Diagnose and resolve causes of inventory variances and discrepancies.
• Collate, document, and report all variances reported during receipt of goods from suppliers or inter-warehouse transfers.
• Ensure proper adjustments are done after approval by the Head of Finance, Head of Operations, and Country Director.
• Perform weekly stock reconciliations of physical counts against the system for all categories of inventory at shops and stock points.
• Perform monthly stock reconciliations of physical counts against the system for all categories of inventory at the warehouse and all stock-holding locations (shops, stock points, and 3PD).
• Oversee and coordinate physical inventory counts (monthly and cycle counts) and regular inspections to identify discrepancies and improve inventory management.
• Carry out ad hoc inventory audits on stock balances to capture anomalies.
• Ensure goods received by the warehouse team match actual invoices and packing lists from suppliers.
• Reconcile stock deliveries to selling locations with stock orders and raise non-conformity reports where applicable.
• Conduct quarterly reviews and reporting on Inventory Ageing analysis and implement recommended actions.
• Coordinate with the warehouse team to implement control systems to reduce theft, damage, breakage, and inventory obsolescence.

Requirements

• Bachelor’s degree in Accounting, Finance, or Business.
• Minimum CPA Part 2 qualification.
• Minimum 3 years’ experience in Stock accounting and management.
• Good understanding of stock-related operational and control requirements.
• Excellent computer skills with proficiency in MS Excel.
• Ability to deliver excellent results under minimum supervision with a keen eye for detail.