Job Description
Job Description
An Accountant manages inventory accuracy, records financial transactions on the software, and prepares reports, ensuring financial integrity and compliance. They are responsible for recording accurate inventory transactions, reconciling inventory records, and preparing reports for management. Their duties also include analysing inventory trends, identifying discrepancies, and collaborating with other departments to improve inventory management. Assist in Marketing of product and services.
- Track and manage the company’s inventory.
- This includes maintaining inventory records, conducting physical inventory counts, and reconciling inventory records to physical counts.
- Ensure that inventory levels are accurate. This includes identifying and correcting inventory errors, and recommending inventory levels based on sales forecasts and demand.
- Management Protocols · Record all financial transactions in the accounting system
- Prepare and maintain accurate financial records, including accounts payable, receivable, and general ledger. Reconcile bank statements and other accounts.
- Prepare and pay staff Salaries
- Prepare and analyse Month end financial reports, including income statements and balance sheets.
- Prepare reports on inventory levels, costs, and variances.
- Ensure compliance with accounting standards (GAAP) and company policies.
- Support month-end and year-end closing processes.
- Internal Controls: It is crucial to implement and oversee procedures to safeguard assets and keep the precision of financial information, known as internal controls. Inventory Accountants ensure inventory records are accurate by enhancing systems for reporting, reconciling, and auditing inventory to prevent discrepancies and fraud.
- Develop and maintain inventory control systems.
- Report all risks and exposures identified.
- Identify any additional controls required based on risks and exposures identified.
- Assist in inventory audits.
- Collaborate with other departments on inventory-related issues
- Perform Client Services and Administrative roles.
- Assist in Marketing of product and services
Qualifications
- Bachelor's degree in accounting, finance or related field
- At least 2 years of experience working in an inventory accounting role Knowledge of:
- Excellent knowledge of accounting principles
- Proficient in Microsoft Office and accounting software
- Operational and field experience
- Medical Field experience is a bonus
- Proficiency in MS Office, particularly MS Excel