Inventory Management Accounting Staff

Responsible for monitoring, recording, and reconciling inventory transactions to ensure accurate financial reporting and inventory control. Conducts on-site audits at various warehouses or branch outlets to ensure compliance with internal policies, procedures, and inventory controls.

Key Responsibilities:

Warehouses:
*Maintain and update inventory records in the accounting system.
*Coordinate with warehouse and purchasing departments for inventory movements and adjustments.
*Reconcile physical inventory counts with system records on a regular basis.
*Prepare monthly inventory reports for management and assist in variance analysis.
*Investigate inventory discrepancies and recommend corrective actions.
*Assist in month-end and year-end closing related to inventory accounts.
*Ensure compliance with company policies and accounting standards related to inventory.
*Support audits by providing necessary inventory data and documentation.

Branch / Outlets:
*Perform scheduled and surprise audits at outlet locations.
*Review sales reports, cash handling, inventory, and compliance with operating procedures.
*Investigate and report any irregularities or potential fraud.
*Conduct physical inventory counts and compare with system data.
*Evaluate outlet compliance with standard operating procedures (SOPs)
*Prepare and submit audit reports with findings, risks, and recommendations

Qualifications:
*Bachelor’s degree in Accounting, Finance, or related field.
*At least 1-2 years of experience in inventory accounting or general accounting preferred.
*Proficient in accounting software (e.g., QuickBooks, SAP, Odoo) and Excel.
*Strong analytical skills and attention to detail.