Accounting Officer-Inventory

The Accounting Officer – Inventory is responsible for maintaining accurate accounting records for inventory, monitoring inventory transactions, reconciling stock records, and ensuring proper financial reporting and controls over inventory.

• Diploma or Degree in Accounting, Finance, or a related field can be asset

• Previous experience in inventory accounting or general accounting is preferred.

• Knowledge of inventory accounting and reconciliation procedures.

• Proficiency in Microsoft Excel and accounting software.

• Strong numerical and analytical skills.

• Excellent attention to detail and accuracy.

• Good organizational and time-management skills.

• Ability to identify and resolve discrepancies.

• Strong communication and interpersonal skills.

• High level of integrity, accountability, and confidentiality.

• Record and maintain accurate inventory transactions in the accounting system.

• Monitor inventory purchases, issues, transfers, adjustments, and disposals.

• Reconcile inventory records between the accounting system and physical stock records.

• Assist with regular physical inventory counts and investigate discrepancies.

• Verify inventory invoices, purchase orders, goods received notes, and supporting documentation.

• Monitor inventory valuation and ensure transactions are recorded accurately.

• Prepare inventory-related reports, schedules, and reconciliations.

• Investigate and report inventory variances, shortages, or discrepancies.

• Assist with month-end and year-end inventory closing procedures.

• Ensure inventory adjustments are properly authorized and documented.

• Maintain accurate records of obsolete, damaged, or slow-moving inventory.

• Assist with audits by providing inventory records and supporting documentation.

• Work closely with Procurement, Operations, Warehouse, and Finance teams regarding inventory matters.

• Ensure compliance with company accounting policies, procedures, and internal controls.

• Maintain confidentiality of financial and inventory information.

• Perform other accounting duties as assigned by management.