- Report to the Chief Financial Officer
- Assist in establishing and implementing inventory policies and procedures
- Report shortfalls and surplus inventory weekly and monthly for replenishment
- Alert management on bad stock management practices noticed and initiate actions to mitigate possible losses
- Ensure proper, accurate, timely and relevant financial records are maintained
- Maintain and update the inventory data base of the company
- Maintain acceptable and accurate inventory levels at warehouse and retail outlets
- Support annual physical inventory process across branch network
- Work closely with Purchasing department, Warehousing Operations, and Branch management to assure proper inventory control and accounting practices
- Support the Company budgeting process with account analysis
- Coordinate with accounting to ensure that all product costs are properly taken in the cost of sales and inventory costs
- Ensure that there are duly authorized documentary approvals for every data that is to be entered into the inventory data base
- To ensure effective liaison between the supply chain management team, audit, user departments and the finance department on matters relating to inventory management
- Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments
- Handle goods returns by adjusting the stock item out of the vendors account and printing the adjusted vendors invoice and passing same to the storekeeper and the accounts payable accountant
- Perform margin analysis by SKU, category and by branch
- Responsible for communicating with all department managers and purchasing on inventory levels and locations
- Ensure that goods received by warehouse are matched with the actual invoices from the suppliers in the ERP system
- Coordinate with warehouse team to implement and ensure control system to reduce damage, breakage and inventory obsolescence
- Assist other functional units within the Finance team in carrying out jobs as and when required by the management
- Bachelor’s degree in Accounting with 5 years relevant experience
- Ability to handle people, processes and products
- Sound analytical and strategic thinking skills
- High standard of attention to detail
- Good problem solving and decision making skills
- Good negotiation and persuasion skills
- Strong proficiency in the use of Microsoft Office Suite
- Influential leadership, managerial and communications skills
- Innovative and forward thinking, with a track record of executing new ideas
- An understanding of GAAP in relation to inventory
- Familiar with the Group’s ERP
- Excellent organisational skills