Inventory Controller at Summit Human Resource & Marketing Consultant

Gross Salary range: Kes 90,000 -110,000

Industry: Manufacturing

Overall job purpose

The Stock Accountant/controller is responsible for ensuring proper management of company’s inventory/ stock items starting from receiving raw materials to Dispatch of Finished Goods.

Maintains and updates the stock records, responsible for conducting physical stock counts, perform regular stock reconciliations and overall monitoring of stock transactions.

Main Responsibilities

Highlight the key responsibilities

1. Responsible for maintaining accurate stock listings
2. Facilitate and participate in weekly, monthly and annual stock counts
3. Perform monthly stock reconciliations of physical counts against system for all categories of inventory and highlight variances to the management
4. Assist in developing and implementing inventory policies and procedures;
5. Report shortfalls and surplus inventory, weekly and monthly for replenishment
6. Ensure that goods received by FG warehouse/RM store are matched with the actual invoices from the suppliers
7. Reconcile stock deliveries with purchase orders and or agreed contract terms, and raise non-conformity reports where applicable
8. Ensure that finished goods dispatched to the customers are matched with the actual invoices issued to the customers
9. Coordinate with warehouse team to implement and ensure a control system to reduce damage, breakage and inventory obsolescence
10. Support accurate and timely financial reporting through ensuring all stock data is updated correctly
11. Manage the monthly financial close process for all categories of stock;
12. Ensure proper records and classification in terms of cost and quantity of all inventory items; Finished Goods, raw materials, spare parts and other consumables
13. Ensure stock ledger entries are properly coded and classified
14. Carry out spot checks on stock balances in the warehouse as against the system records to capture any anomalies
15. Assist the Chief Finance Officer in other relevant tasks as assigned

Academic and Professional qualifications

(Mention the desired academic qualification, years of experience and any other desired qualification)

1. CPA Sec VI, bachelors in finance or accounts
2. At least six years experience in inventory management three in manufacturing company.
3. Able to work under minimum supervision.
4. Advance excel skills a must