Inventory Accountant At Glacier Products Limited

Job Summary
To ensure proper management of all inventories and ensure that correct physical stocks are reported and always reconciled with the ERP Inventory balances for all the warehouses.
Key Responsibilities

Develop, implement and enforce inventory policies, procedures, adopt appropriate technology, ERP workflows and internal controls
Diagnose and resolve causes of inventory variances/discrepancies
Collate, document and report all variances reported during receipt of goods from suppliers/ inter warehouse transfers and ensure proper adjustments are done after approval by directors
Perform monthly stock reconciliations of physical counts against system for all categories of inventory /warehouses and highlight variances to the management
Oversee and coordinate physical inventory counts of goods (monthly and cycle counts) for all locations along with regular inspections to identify discrepancies or ways to improve inventory management
Coordinate with warehouse team to implement and ensure proper control systems and procedures to reduce theft, damage, breakage and inventory obsolescence;
Regular review and reporting on Inventory Ageing analysis report and taking appropriate/recommended actions
Handle and document approved non-routine inventory transactions i.e. stock adjustments
Monitor all inventory related transactions on the ERP to ensure proper recording, completion and clean-up of incomplete transactions i.e. transfer orders, purchase orders and sales orders/return orders
Manage the monthly financial close for inventories
Assist with the preparation of schedules and/or reports required by external auditors in connection with the audit of the annual financial statements

Candidate Profile
Bachelors/Master’s degree in Accounting/Operations Management
CIMA/CPA/ACCA
O-level Mean Grade A- and above
Good understanding of stock related operational and control requirements
3 Years’ experience in Inventory control in a manufacturing firm or Audit Firm