We are seeking a detail-oriented Finance & Inventory Specialist to oversee the financial aspects of inventory management, ensuring accurate stock records, timely reconciliations, and effective inventory controls. The successful candidate will work closely with finance, warehouse, procurement, and operations teams to maintain inventory accuracy, investigate discrepancies, and ensure that all inventory-related financial transactions are properly documented and recorded.
Key Responsibilities
Inventory Accounting & Reconciliation
Maintain accurate financial records of inventory transactions.
Perform regular inventory reconciliations between physical stock counts and system records.
Investigate inventory discrepancies, identify their causes, and coordinate corrective actions.
Monitor inventory valuation and ensure accurate recording of stock movements.
Stock Counts & Goods Receiving
Coordinate and support periodic physical stock counts and inventory verification exercises.
Verify goods received against purchase orders, delivery notes, and relevant documentation.
Ensure that goods received are accurately recorded in the inventory and financial systems.
Investigate discrepancies involving quantities received, damaged goods, and stock records.
Credit Notes & Inventory Adjustments
Review and process inventory-related credit notes, returns, and adjustments.
Verify supporting documentation and ensure appropriate approvals before processing transactions.
Liaise with suppliers and internal departments to resolve discrepancies relating to invoices, deliveries, and returns.
Financial Controls & Reporting
Monitor inventory-related financial transactions to ensure compliance with established procedures.
Prepare inventory reconciliation reports and highlight unusual variances or potential losses.
Maintain proper documentation and audit trails for inventory transactions.
Identify opportunities to improve inventory accuracy, reporting, and financial control processes.
Requirements
Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
2 - 5 years of relevant experience in inventory accounting, inventory control, finance operations, or a similar role.
Practical experience with stock counts, inventory reconciliations, and goods receiving processes.
Understanding of credit notes, inventory adjustments, and inventory valuation principles.
Proficiency in Microsoft Excel and familiarity with accounting or inventory management software.
Strong numerical, analytical, and problem-solving skills.
Excellent attention to detail, organisational skills, and ability to work collaboratively across departments.