• Application Deadline:
• Position: Inventory Accountant



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 4 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Description

• The Inventory Accountant will be responsible for overseeing the accuracy and integrity of our inventory records. This role is pivotal in ensuring that our manufacturing operations run smoothly by maintaining optimal inventory levels and providing accurate financial reporting on the inventory use and forecasts.

Roles and Responsibilities

• Assist in establishing and implementing inventory policies and procedures.


• Work closely with Procurement, Store, and Field Management to ensure proper inventory control and accounting practices.


• Physical verification and control of weekly and Monthly counts of Warehouse inventory of Raw,


• Packing Materials, Spares, and Consumables, and highlight the variances to the management.


• Perform weekly and monthly physical assets and tools counts at all sites and report variances to the management.


• Prepare and distribute daily, weekly, monthly, and ad-hoc inventory levels and consumption reports to all the relevant departments.


• Providing explanations to both internal and external auditors on inventory-related queries.


• Processing Vendor's invoices while ensuring 3-way check of PO, GRN, and Invoice.


• Prepare Inventory Sub Ledger and General Ledger Reconciliation Report, Warehouse/ Spares and Consumables Ageing report.


• Report shortfalls and surplus inventory weekly and monthly for replenishment.


• Support the Company budgeting process with Account Analysis.


• Assist other functional units within the Finance team in carrying out jobs as and when required by Management.

Requirements

Education:

• B.Sc Degree in relevant field (Accounting / Business Management)

Work Experience:

• Must have a minimum of 4 years’ inventory management experience in a manufacturing company.


• Excellent communications, negotiation, analytical and reporting skills.

Technical requirements:

• Strong understanding and proficient use of SAP.


• Proven skills and competencies in managing raw materials, production, and output accounting.


• Knowledge of effective internal processes is an added advantage.


• Sound understanding of regulatory requirements.


• Must be proficient in Microsoft Office tools, especially excel

Person Specification:

• Building Collaborative and Healthy Relationships - Amiable enough to easily build productive working relationships with co-worker, and resources whilst valuing people of different backgrounds, cultures and demographics.


• Communication - Expresses ideas clearly and concisely; passing information (written and orally) to stakeholders appropriately.


• Self – Leadership and Accountability - Ability to take ownership and work with little supervision.


• Very keen on hygiene.

Required Skills &Behavioural Competencies:

• Strategic Thinker


• Analytical Skills


• Resilient


• Business Transformation and Change Advocate


• Leadership Skills


• Negotiation Skills


• Exceptional Presentation & Communication Skills


• Excellent interpersonal skills


• An understanding of evolving business needs.


• Revenue Growth


• Inventory and Procu.