Vacancy: Inventory Accountant
Our
company wishes to employ a mature, well-seasoned inventory accountant to handle
accounting functions for a business relating to the cost of inventory, meaning
merchandise and materials on hand.
The
incumbent will determine inventory accounting methods, analyze inventory
reports and monitor all inventory transactions.
The accountant
will be responsible for monitoring all inventory transactions and must
understand different types of inventory methods--such as the average cost
method; last-in, first-out (LIFO); and first-in, first-out (FIFO)--and assist
in choosing the best method for the company.
The
inventory accountant will also assist in organizing physical inventory/stock
counts.
The
accountant will oversee the whole process of physical stock taking and ensure
this entire process is done efficiently and accurately.
The
Inventory accountants must understand and put into practice the process of
recording raw goods, overhead costs and variable costs.
This
professional is responsible for determining inventory costs so that the
accountants in other divisions can determine selling prices for goods. To do
this, the cost accountant must possess accurate bookkeeping skills.
He or
She should be able to analyze reports and ensure that transactions related to
inventory are posted correctly. He or She will monitor these reports to find
ways of reducing costs for the company.
With
inventory, there are often counts of variances; the inventory accountant should
be able to review these reports, along with actual inventory, to record these
variances.
The Inventory Accountant should investigate variances that seem out of line, to avoid fraud within the company.
Qualifications
- B
COM – Accounting option
- CPA
(K)
- At
least 4 Years’ hands on experience with Inventory Accounting in a
manufacturing company
- Member
of ICPAK
- Good
understanding of GAAP
- Age
– 26-35 years
If you
meet the above qualifications please forward your application and CV to
kencaro22@gmail.com / hrm@pwanifeeds.co.ke, giving details of your current and
expected salary.
The
application should reach us not later than close of business 31st August 2016.
