Pwani
Feeds Limited
Inventory
Accountant
This
position will be responsible for all Inventory Accounting functions. The
Inventory Accountant, also will handle accounting functions relating to the
cost of inventory for the organization.
HE/She
is responsible for identifying perpetual inventory issues and correcting them
through the use of Access queries, and preparing monthly and quarterly variance
summary reports that show variances between physical and perpetual inventory in
order to support the audit function.
- Developing
inventory analysis reports and analysing variances
- Assisting
in the improvement in internal controls related to inventory
- Verifying
accurate standard costs
- Monitoring
inventory transactions
- Reconciling
inventory accounts in the account-age system
- Preparing
monthly journal entries as needed
The
successful candidate must possess:
- A
minimum of four years’ experience as an Inventory or Cost Accountant.
- Bachelor’s
Degree in Finance or Accounting required.
- CPA-K
- An
understanding of GAAP in relation to inventory.
- Is
flexible and able to work as part of a team.
- Proficient
in MS Excel.
- Experienced
in accounting system
Other
Functions
- Assist
in establishing and implementing inventory policies and procedures.
- Perform
weekly and monthly physical stock checks and highlight variances to the
management.
- Perform
weekly and monthly physical assets and tools counts and highlight
variances to the management.
- Prepare
and distribute daily, weekly, monthly and ad-hoc inventory levels and
consumption reports to all the relevant departments.
- Maintaining
acceptable and accurate inventory levels at the Stores/inventory
- Report
shortfalls and surplus inventory weekly and monthly for replenishment.
- Coordinate
with the production and supply chain teams to ensure that records relating
to inventory in the inventory system are properly maintained.
- Coordinate
with accounting to ensure that all product costs are properly taken in the
cost of sales and inventory costs.
- Responsible
for communicating with all department managers and purchasing on inventory
levels and locations.
- Ensuring
that goods received in the stores are matched with the actual invoices
from the suppliers in the system.
- Ensuring
that finished goods delivered to the customers are matched with the actual
invoices issued to the customers in the inventory system.
- Coordinate
with production to ensure that work orders are closed the moment goods are
delivered.
- Coordinate
with stores team to implement and ensure control system to reduce damage,
breakage and inventory obsolescence.
- Reviewing
obsolete/redundant inventory to facilitate their removal from the stores.
- Assist
other functional units within the Finance team in carrying out jobs as and
when required by the management.
Job
Requirement
- Preferably
possessing a Bachelor’s Degree in Finance/Accounting and/or suitable
background experience in inventory management in manufacturing.
- Operationally
oriented and comfortable working in a production/manufacturing environment
and experience with multi-company branches operations would be ideal.
- Have
a detailed understanding of inventory control systems with a working
knowledge of manufacturing processes.
- Strong
analytical and problem solving skills.
- Fluent
in English
- Mature,
self-motivated, proactive, willing to learn and able to work under
pressure.
- A
member of ICPAK
Gross
Salary: KShs. 30,000
Starting date 1st July 2016.
Qualified candidates should forward their applications to hrm@pwanifeeds.co.ke
on or before 28th June 2016