Inventory Accountant – Karen, Nairobi at Summit Recruitment and Search

The successful candidate will manage and oversee all aspects of inventory accounting for retail operations and other accounting duties. The ideal candidate will play a critical role in ensuring accurate inventory valuation, cost tracking, and financial reporting to support business operations and decision-making.

Key Responsibilities:

• Perform regular reconciliations between physical inventory and accounting records, investigating and resolving discrepancies.
• Monitor and maintain accurate cost of goods sold (COGS) and inventory valuation using appropriate costing methods (e.g., FIFO, weighted average).
• Coordinate and execute month-end and year-end inventory close processes, including journal entries and account reconciliations.
• Support internal and external audits by providing detailed inventory data, documentation, and analysis.
• Generate and analyze inventory-related financial reports to provide insights on stock levels, shrinkage, obsolescence, and turnover metrics.
• Ensure all inventory accounting activities comply with internal policies, procedures, and applicable accounting standards.
• Other accounting duties.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA or ACCA certification preferred.
• Excellent analytical, organizational, and communication skills.
• Advanced Excel skills required.