Inventory Accountant
Primera Micro Finance Group
Lagos, Nigeria
2d ago

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  • Management of the inventory sub-ledger and general ledger
  • Management of inventory holding levels
  • Inventory costing and standardization of costing methodologies
  • Monthly Stock Count, valuation and reporting
  • Reconciliation of Cost of Sales Analysis and manufacturing cost
  • Determination of stock adjustment requirements
  • Development of inventory aging and inventory days reports
  • Determination of landing cost, product cost and margin analysis
  • Provision of inventory financial inputs to forecast and budget models
  • Providing support to the supply chain team on inventory planning and controls
  • Accounting for Stock Movements and Diagnose the Cause of Inventory Variance
  • Developing of Inventory report in a timely manner for management use
  • Daily update of inventory and fixed asset records in the company’s ERP
  • Responsible for all inventory and cost of production ledger on the Trial balance
  • Ensuring improvement in internal controls related to inventory
  • Monitor Cost of Raw Materials and Production
  • Reconciles finished goods inventories and determines the cost of production
  • Conducts physical inventories and monitors cycle count program
  • Carry out all other special assignments as may be required for efficient and effective inventory management
  • Accounting for recording of the newly acquired fixed asset
  • Tracking, recording and accounting for fixed asset and depreciation
  • Calculate the depreciation for all fixed assets
  • Responsible for fixed asset tagging and verification exercise
  • Maintains and align fixed asset register with the GL balance
  • Perform periodic impairment reviews for all tangible and intangible assets
  • Perform regular physical inventory counts of fixed assets
  • Give recommendations to management regarding the disposal (or not) of fixed assets
  • Perform analysis related to fixed assets when requested by management
  • Prepare audit schedules for fixed assets and responsible for auditor’s inquiries
  • Liaises with government agents during audits of fixed assets
  • Monitor the expenditures of the company for fixed assets in comparison to capital budget and management authorizations
  • Fully responsible for disposal of fixed asset
  • Any other task as assigned by the Finance Manager
  • Qualifications

  • University Degree / HND in Accounting, Business Administration, Social Science
  • Membership of ICAN is an added advantage
  • Equivalent Experience in Inventory Accounting, Stock take & Record keeping in FMCG Industry / Supply Chain is essential.
  • Experienced in the use of ERP or inventory and accounting software.
  • Fluent in written and spoken English.
  • Ability to work effectively in a team environment.
  • Ability to be able to handle pressure and be multi-tasking.
  • Experienced in applying basic accounting principles.
  • Work Experience :

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  • 5 7 year experience in similar position
  • Job Skills :

  • Competent Accounting and controlling skills.
  • Strong analytical skills.
  • Ability to work effectively in a team environment.
  • Strong Communication skills.
  • Accuracy in figures & able to detect abnormalities from a glance.
  • Excellent knowledge of the role
  • Implementation of systems and processes.
  • Very Attractive.

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