Junior Inventory Accountant Job in Kenya

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Junior Inventory Accountant Job in Kenya

Vajas Manufacturers Limited

Vacant Position: Junior Inventory Accountant

Vajas Manufacturers Limited, a 100 Top Brand firm in the country and one of the largest companies in the promotional products industry.

We are passionate about helping our clients make powerful impressions using customer merchandise and apparel. We operate through two divisions, Screen Printing and Embroidery Brand Solutions:

Job Purpose: To ensure proper management of all inventories and ensure that correct physical stocks are reported and always reconciled with the SAP Inventory balances for all the warehouses.

Key Duties and Responsibilities:

·  Track and monitor stock movements for all stores in SAP

·  Maintaining and reconcile the inventory ledger in SAP

·  Post inventories for both raw material and finished goods in SAP

·  Assist in maintaining accurate stock listings.

·  Facilitate and participate in random, 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.

·  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;

·  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.

·  Assist with the preparation of schedules and/or reports required by external auditors in connection with the audit of the annual financial statements

·  Regular review and reporting on Inventory Ageing analysis report and taking appropriate/recommended actions

·  Monitor all inventory related transactions on the SAP to ensure proper recording, completion and clean-up of incomplete transactions i.e. transfer orders, purchase orders and sales orders/return orders

·  Diagnose and resolve causes of inventory variances/discrepancies

·  Collate, document and report all variances reported during receipt of goods from suppliers/ inter warehouse transfers and ensure proper adjustments are done after approval by the CEO.

·  Assist the Finance Manager in other relevant tasks as assigned

Qualifications & Skills

·  Must be proficient with SAP business one, inventory and production modules.

·  Must have minimum of 3 years of experience in manufacturing sector (FMCG)

·  Experience in inventory controls

·  CPA Part two and above.

·  Specific experience in stock accounting and management is mandatory.

·  Experience in stores operations/ management.

·  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

·  Person of high integrity, honest and self-discipline

How to Apply

Interested candidates should urgently send their applications and CVs to email humanresource@vajas.com not later than 17th March 2023.

Due to the urgency of the positions, interviews will be on a rolling basis until the right candidates are identified.

Only shortlisted candidates will be invited for interview.

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