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Job Description
As a Warehouse Control Accountant, you will be responsible for monitoring and managing the financial records related to warehouse inventory. You will ensure accurate stock valuation, proper documentation of material movement, and alignment between physical inventory and financial records.
Your responsibilities will encompass the following key areas:
Inventory Accounting & Reconciliation:
- Record and track all inventory transactions including receipts, transfers, and issues.
- Perform regular reconciliations between physical stock and accounting records.
- Investigate and resolve discrepancies between warehouse records and financial data.
Stock Valuation & Cost Control:
- Ensure accurate inventory costing using appropriate methods (e.g., weighted average, FIFO).
- Monitor inventory levels, slow-moving items, and expired stock, and report accordingly.
- Support in monthly and annual stock valuation and closing processes.
Warehouse Documentation & Compliance:
- Review and verify warehouse documentation such as material issue slips, goods received notes (GRNs), and stock transfer forms.
- Ensure compliance with internal controls and company policies related to inventory.
- Assist with audit requirements by providing necessary reports and backup documents.
Reporting & Analysis:
- Generate periodic inventory and movement reports for management and finance teams.
- Identify trends or irregularities in stock usage and suggest corrective actions.
- Contribute to inventory optimization initiatives and cost-saving efforts.
Collaboration & Coordination:
- Coordinate closely with the warehouse, procurement, and finance departments to ensure accuracy in inventory records.
- Support system improvements and the implementation of inventory-related modules in ERP systems.
- Participate in physical inventory counts and stock audits.
Job Requirements
To excel in this role, candidates should possess the following qualifications and attributes:
- Bachelor’s degree in Accounting, Finance, or a related field.
- 1–4 years of experience in inventory or warehouse accounting, preferably in construction or industrial sectors.
- Solid understanding of inventory accounting principles and stock movement documentation.
- Proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and Excel.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to work under pressure.
- Experience in working closely with warehouse operations is essential.
- Familiarity with audit processes and inventory controls.
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