Retail – Inventory Accountant at Corporate Staffing

Inventory Accountant Job Responsibilities

• Establishing and implementing inventory management policies and procedures.
• Lead and Perform daily weekly and monthly physical stock checks in all the kiosks and highlight variances to the management.
• Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments.
• Maintaining acceptable and accurate inventory levels at warehouse/inventory locations based on Re-order levels
• Coordinate with accounts department and marketing department to ensure that all product costs are properly taken in the cost of sales and inventory costs.
• Responsible for communicating with all department managers and purchasing on inventory levels and locations.
• Coordinate with supply chain team to implement and ensure control system to reduce damage, breakage and inventory obsolescence.
• Reviewing obsolete/redundant inventory to facilitate their removal from the warehouse.
• Assist in preparation and support of external audits engagements
• Assist with planning, execution, reconciliation and financial reporting.
• Be proactive in planning and executing to meet month-end close, financial reporting deadlines and other accounting deadlines.
• Ensure financial records are compliant with company policies and procedures.
• Assist with maintaining and developing strong internal controls.
• Revise/create process narratives and standard operating procedures related to area of responsibility.
• Assist other functional units within the Finance team in carrying out jobs as and when required by the management.
• Ensure accurate posting of all inventory transactions to the Tally system

Qualifications for the Inventory Accountant Job

• Bachelors Degree in Finance/Accounting and/or suitable background experience in inventory management in retail
• CPA ‘K’ holder
• Operationally oriented and comfortable working in a retail company (e.g supermarket, clothing store etc.) environment and experience with branch operations would be ideal
• Have a detailed understanding of current inventory control systems with a working knowledge of retail company processes
• 4 years experience in a busy environment in which 2 years in the relevant/same field
• Excellent interpersonal and communication skills
• Demonstrate Tally and POS experiences