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Stock Accountant Job in Kenya

Job Vacancy: Stock Accountant
Industrial Promotion Services (IPS) is dedicated to promoting private sector entrepreneurship and building economically sound enterprises in the developing world.
IPS invests in projects within East Africa across a wide range of sectors, including: Food and Agro Processing, Printing and Packaging, Textiles, Leather processing, Pharmaceuticals, Power and Telecommunications.
Leather Industries of Kenya Ltd
Major producer of high quality finished leather in the region. LIK has been a catalyst in changing the industry to focus more on value addition than merely exporting raw hides or semi-processed leather in wet blue form.
Amongst the most technically advance tannery in Kenya, LIK operates to the highest environmental standards, relying largely on local raw materials and manpower.
We are seeking applications from qualified candidates to fill the position mentioned below:
Job Title: Stock Accountant
Number Required: 1
Age: 25-35 years
Company: LIK
Reporting: Reporting to the Chief Accountant
Reporting Date: Immediately is preferred, at most within a month
Academic & Professional Qualifications
·         Bachelor degree in Business / Accounting / Finance or related field
·         Minimum CPA 2
Experience (Years): Minimum 3 years
Work Experience (Specifications) 
·         At least three years accounting experience in Manufacturing Environment.
·         Specific experience in stock accounting and management is mandatory.
·         Experience in stores operations/ management.
Overall Responsibility
·         The Stock Accountant is responsible for ensuring proper management of company’s inventory/ stock items.
·         Maintains and updates the stock records, responsible for conducting physical stock counts, perform regular stock reconciliations and overall monitoring of stock transactions.
Duties & Responsibilities
·         Responsible for maintaining accurate stock listings;
·         Facilitate and participate in monthly and annual stock counts;
·         Perform monthly stock reconciliations of physical counts against system for all categories of inventory and highlight variances to the management;
·         Assist in developing and implementing inventory policies and procedures;
·         Report shortfalls and surplus inventory, weekly and monthly for replenishment;
·         Ensure that goods received by warehouse are matched with the actual invoices from the suppliers;
·         Reconcile stock deliveries with purchase orders and or agreed contract terms, and raise non-conformity reports where applicable;
·         Ensure that finished goods dispatched to the customers are matched with the actual invoices issued to the customers;
·         Coordinate with warehouse team to implement and ensure a control system to reduce damage, breakage and inventory obsolescence;
·         Support accurate and timely financial reporting through ensuring all stock data is updated correctly;
·         Manage the monthly financial close process for all categories of stock;
·         Ensure proper records and classification in terms of cost and quantity of all inventory items; Finished Goods, raw materials, spare parts and other consumables;
·         Ensure stock ledger entries are properly coded and classified;
·         Carry out spot checks on stock balances in the warehouse as against the system records to capture any anomalies; and
·         Assist the Chief Accountant in other relevant tasks as assigned
·         Computer literate with hands on experience in use of Pastel accounting software;
·         Good understanding of stock-related operational and control requirements;
·         Strong analytical and problem solving skills;
·         Team player with good communication skills;
·         Ability to work with minimal supervision; and
·         Person of high integrity and self-discipline;
Base: Thika, Makongeni
Salary Range (Kes): KES 60,000 – KES 80,000
How to Apply:
Applications together with detailed Curriculum Vitae, names of three referees, telephone contact, e-mail address and copies of certificates and testimonials should be sent to the,
Human Resources Department,
Industrial Promotions Services
P. O. Box 30500-00100,
or by email to

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