Job Description

Purpose of the role:

Under the management of the Finance Manager, this position will be responsible for all inventory accounting functions and the related accounts payable and general ledger functions. The Stock Accountant is responsible for ensuring accurate and efficient management of Stock and related Accounts Payable in the ERP system. He/she will ensure that AP and Stock control procedures are in place and adhered to.

Key responsibilities:

Responsible for physical verification, regular reconciliations and general monitoring of AP and Stock activity Developing AP and inventory analysis reports and analyzing variances, as well as, prepare and distribute daily, weekly, monthly and ad-hoc levels and consumption reports to all the relevant stakeholders Assist in developing and implementing policies and procedures Assisting in the improvement in internal controls Facilitate and participate in monthly, cyclical and annual counts Perform monthly reconciliations against ERP for all categories and highlight variances to management Ensure that goods received by warehouse are matched with the actual invoices from the suppliers Reconcile deliveries with purchase orders and or agreed contract terms, and raise nonconformity reports where applicable Ensure that goods dispatched to the customers are matched with the actual invoices issued to the customers Coordinate with warehouse team to implement and ensure a control system to reduce damage, breakage and obsolescence Support accurate and timely financial reporting through ensuring all data is updated correctly Verifying accurate standard costs and prepare monthly journals - IFRS and Standard Costing Manage the monthly financial close process for all categories Ensure proper records and classification in terms of cost and quantity of all items; Ensure ledger entries are properly coded and classified Carry out spot checks on AP and Stock balances in the warehouse as against the records (ERP) to capture any anomalies Assist the Finance Team in ad-hoc relevant projects. Build a good supplier relationship Ensure all filing of supporting documentation is done immediately, accurately and securely in line with group and local retention policy requirements. Assist with the preparation of annual audit files Assist and support external and internal audits. Ensure that Ad hoc queries and requests are completed within the deadlines agreed upon. Be a strong support to the Procurement, Treasury and Performance teams: supplier validation, supplier opening, credit applications, etc.

Requirements

:


Finance Degree (Non negotiable) 3+ Years Experience (Non negotiable) SAICA Articles Completed (Preferred) Post Graduate Qualification (Preferred) Retail Experience (Advantageous) * Multinational organisational experience (Advantageous)