Inventory Controlling Officer

Premier Services and Recruitment Overseas -
Kuwait City, KuwaitPosted 5 years ago

112Applicants for1 open position

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Review and verify the monthly damage, shrinkage and left over expense / suspense accounts, and give the required financial approval for inventory write off according to the governing authority metrics;
Review and follow-up all open STOs and ensure the timely closure.
Review and follow-up the closure of all open till-sales transactions.
Supervise the wall to wall count for all storage locations;
Ensure the cyclical count plan for all storage locations are prepared and performed on time, and attend selected counts on a random basis;
Review and ensure the monthly clearance of all blocked inventory;
Analyze and reconcile all GL inventory accounts and inventory expenses, and ensure the accuracy of Business Area and Cost Center allocation;
Monthly reporting for Inventory aging, and Inventory breakdown per location, category and sub category levels;

Proven working experience in a large no. of inventory SKUs (+1000);
3+ years of overall combined accounting and finance experience
Bachelor in Accounting
CMA preferred
Good knowledge of Management Accounting
Experience in Retail business (preferred)
Experience in ERP systems (SAP Preferred)
Excellent skills and knowledge in MS Excel and Power point
Fluent in Arabic and English.
Strong analytical and communication skills
High level of integrity and dependability with strong sense of urgency and details & results-orientation