Inventory Accountant

Qualifications & Experience

• • Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
    
  • CPA II or higher qualification is an added advantage.
    
  • Minimum of 2–3 years’ experience in stock accounting or inventory management, preferably in a retail or FMCG environment.
    
  • Proficiency in accounting software (e.g., QuickBooks, Sage, ERP systems) and Microsoft Excel.
    
  • Strong analytical, reconciliation, and reporting skills.
    
  • High attention to detail and accuracy.
    
  • Excellent communication and coordination skills.
    

1. Inventory Management & Accounting

• • Maintain accurate and up-to-date stock records in the accounting and inventory management systems.
    
  • Verify and reconcile daily, weekly, and monthly stock reports against physical counts.
    
  • Monitor stock levels to identify variances, losses, or discrepancies, and investigate root causes.
    
  • Ensure correct costing and valuation of inventory in accordance with accounting principles.
    

2. Warehouse and Inter-Branch Stock Transfers

• • Prepare, record, and reconcile all warehouse and inter-branch stock transfer transactions.
    
  • Coordinate with branch managers and warehouse teams to ensure timely and accurate transfer of goods.
    
  • Track transfer documentation (GRNs, delivery notes, transfers) to ensure proper filing and audit readiness.
    
  • Monitor pending transfers and resolve discrepancies between sending and receiving branches.
    

3. Stock Audits & Controls

• • Participate in and support periodic physical stock counts across branches and the warehouse.
    
  • Reconcile physical counts with system records and report variances for corrective action.
    
  • Strengthen internal controls over inventory management and movement.
    
  • Identify opportunities to reduce stock losses, damages, and obsolescence.
    

4. Reporting & Analysis

• • Prepare monthly stock reconciliation reports for management review.
    
  • Generate detailed reports on stock aging, movement trends, and branch performance.
    
  • Provide data and insights to support decision-making on reorder levels, pricing, and warehouse planning.
    

5. Compliance & Coordination

• • Ensure all stock-related financial transactions comply with company policies and relevant accounting standards.
    
  • Liaise with the procurement, sales, and finance teams to ensure smooth flow of stock and data accuracy.
    
  • Support internal and external audits by providing required documentation and reconciliations.