Stock Accountant

By Live Lover -

We are a leader in the broadcast media sector. Due to expansion and growth, the following position has come up in our organization.
Stock Accountant
The individual will be expected to ensure that stock control procedures are in place and will also be responsible for ensuring accurate and efficient management of stocks. He/she will support accurate and timely financial reporting through ensuring all stock data is updated correctly.
Key Outputs include:

  • Improve cost allocation within P&L and report accurately
  • Maintain Import Cost Price Model
  • Prepare month end stock reconciliations and agreed stock balance to the General Ledger.
  • To perform monthly and year-end closing of inventory in values
  • Implement inventory policies and procedures.
  • Perform weekly and monthly physical stock checks and highlight variances and ensure accurate inventory levels are maintained at the warehouse.
  • 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 goods in the store
  • Coordinate with accounting 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.
  • To create and post invoices to intercompany and local suppliers
  • To verify the price of the stock received by the warehouse on the invoices matches with the committed prices during the plan.
  • Ensuring that finished goods delivered to the customers are matched with the actual invoices issued to the customers and payments are done on time
  • To check intercompany balances and solve balances
Qualifications and Experience
  • Bachelor’s degree in Commerce or business
  • Professional accounting qualification (ACCA/CPAK).
  • Knowledge of stock Accounting /Inventory Management and financial reconciliation
  • Must possess skills in general ledger accounting with bias in stock accounting and purchase order processing.
  • Awareness of Financial accounting working knowledge
  • Advanced skills in MS Excel
  • Must be a person of integrity
Behavioural Competencies
  • Ability to work under pressure and meet deadlines
  • Must be a team player
  • Must be able to work well under pressure
  • Self-motivated, proactive and willing to learn
  • Deadline orientated and be able to prioritize
  • Good problem solving skills
  • Positive attitude
  • Strong figure orientation
  • Must be a quick thinker
  • Accuracy and attention to detail
  • Sound knowledge of IFRS
  • Good communication skills
  • Must be a person of integrity
Interested Applicants should submit their CV’s clearly marked “Stock Accountant” on the subject line to: talentresourcing14@gmail.com. The Closing date for all applications is
31st December 2014.

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