Inventory Accountant

WC, ZA, South Africa

Job Description

PURPOSE OF THE JOB





To manage the Inventory team and functions relating to Financial Inventory Management. To analyse, interpret and reconcile differences in financial and logistical data.




KEY RESPONSIBILITIES




Manage and execute monthly/quarterly financial reporting and month-end close-off procedures for inventory, including IFRS adjustments and journal entries. Prepare and review monthly management accounts, income statements, and various financial reporting documents. Calculate and analyse key inventory ratios, such as stock turn and stock loss (shrinkage/damages), and report on exceptions found in stock listings. Prepare and submit the quarterly forecasts, annual budget, and 3-year plan for Merchandising, Planning, and IFRS Adjustments for executive review. Prepare and review monthly reconciliations (inventory, lay-buys, etc.) and compile quarterly disclosure for statutory packs. Claims Management: Manage and reconcile all claims (supplier, transport, GL, and pack slips) by reviewing ageing, providing guidance to the Finance Clerk, and presenting a monthly status report to Exco.


JOB INCUMBENT REQUIREMENTS




B Comm or equivalent finance qualification (Degree) 3 years' work experience in a finance environment Good knowledge of inventory processes SAICA Audit articles for CA (SA) or AGA (SA), CIMA or SAIPA will be an advantage Retail experience will be an advantage





SKILLS REQUIRED




High Levels of Computer literacy - advanced Excel Google suite (Gmail; Calendar; Sheets, Docs) Previous SAP experience would be an advantage SAP Business Objects, Qlikview and/or Finnivo will be an advantage Managing a team Communication skills (verbal and written) Aptitude to work with figures Interpersonal skills Ability to work independently as well as in a team environment Collate large volumes of data and inputs for strategic decision making Attention to detail Above average numerical ability Deadline driven Analytical thinking Ability to work under pressure Able to deal with large volumes of work * Planning, organising and control

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Job Detail

  • Job Id
    JD1597352
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    WC, ZA, South Africa
  • Education
    Not mentioned