Senior Executive, Inventory Accountant

3-5 Years

Posted 9 days ago
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Job Description

As a Senior Executive, Inventory Accountant, you will be responsible for overseeing and managing the daily operations of the Inventory accounting department. This includes ensuring compliance with accounting principles and regulatory requirements, as well as coordinating with external auditors. A key focus of this position is on inventory management, where you will be responsible for reconciling inventory balances and transactions between our accounting and warehouse management systems. You will also develop and implement accounting policies, prepare financial reports, and collaborate with various teams to maintain accurate financial data.

What You Will Do

Reconcile inventory balances between the accounting system and the warehouse management system.
Review inventory-related transactions in compliance with accounting standards.
Verify the accuracy of inventory documents such as goods received, goods issued, and stock transfers.
Analyze inventory movement and prepare monthly inventory reports.
Participate in monthly, quarterly, and yearly stock counts, and prepare summary reports.
Coordinate with the warehouse and sales teams to ensure inventory data is accurate and timely.
Monitor inventory valuation methods (FIFO, weighted average, standard cost) and ensure consistency with accounting standards
Review slow-moving, obsolete, and damaged inventory, propose provisions/write-offs, and ensure proper accounting treatment.
Monitor internal controls over inventory processes and recommend improvements to reduce risks of errors or fraud.
Prepare detailed schedules and reconciliations of consignment inventory, in-transit stock, and third-party warehoused goods.

Who You Are

Bachelor's degree in Accounting, Finance, or a related field.
CPD certification preferred.
Minimum of 3-5 years of experience in accounting or finance roles, with at least 2 years in inventory or cost accounting.
Strong knowledge of accounting principles and regulations.
Proficiency in Microsoft Excel and ERP systems such as SAP, Oracle, NetSuite, or similar.
Excellent analytical, problem-solving, and communication skills.
Detail-oriented, responsible, and able to work well in a team.

Why You'll Love It