he Accountant – Store Inventory is responsible for maintaining accurate inventory records, ensuring financial integrity, and managing the stock levels at Munch BoX Catering Services. The role involves tracking and recording inventory transactions, conducting regular stock audits, and working closely with procurement and operations to optimize inventory levels.
Key Responsibilities:
Inventory Management:
Maintain and update inventory records in the accounting system.
Track inventory levels and ensure accurate and timely recording of stock receipts, transfers, and issuances.
Conduct regular physical inventory counts and reconcile discrepancies between physical stock and accounting records.
Monitor stock levels to prevent overstocking or stockouts, and ensure that all inventory is properly valued.
Financial Reporting:
Prepare monthly inventory reports, including inventory valuation, adjustments, and variances.
Assist in the preparation of financial statements by providing accurate inventory data.
Ensure compliance with internal controls and accounting policies related to inventory management.
Cost Control:
Analyze inventory costs and identify areas for cost reduction.
Work with procurement to ensure that inventory purchases are cost-effective and within budget.
Assist in the preparation of cost reports and budgets related to inventory.
Coordination:
Collaborate with the procurement, production, and operations teams to ensure efficient inventory management.
Address and resolve any issues related to inventory discrepancies, damaged goods, or obsolete stock.
Compliance & Audits:
Ensure compliance with company policies and procedures related to inventory management.
Prepare for and assist with internal and external audits related to inventory and financial reporting.
Key Responsibilities:
Inventory Management:
Maintain and update inventory records in the accounting system.
Track inventory levels and ensure accurate and timely recording of stock receipts, transfers, and issuances.
Conduct regular physical inventory counts and reconcile discrepancies between physical stock and accounting records.
Monitor stock levels to prevent overstocking or stockouts, and ensure that all inventory is properly valued.
Financial Reporting:
Prepare monthly inventory reports, including inventory valuation, adjustments, and variances.
Assist in the preparation of financial statements by providing accurate inventory data.
Ensure compliance with internal controls and accounting policies related to inventory management.
Cost Control:
Analyze inventory costs and identify areas for cost reduction.
Work with procurement to ensure that inventory purchases are cost-effective and within budget.
Assist in the preparation of cost reports and budgets related to inventory.
Coordination:
Collaborate with the procurement, production, and operations teams to ensure efficient inventory management.
Address and resolve any issues related to inventory discrepancies, damaged goods, or obsolete stock.
Compliance & Audits:
Ensure compliance with company policies and procedures related to inventory management.
Prepare for and assist with internal and external audits related to inventory and financial reporting.
DISCLAIMER: Dear Candidate! You are fully responsible to deal with the employer on the hiring process. GulfJobs.com will not take any responsibility on your hiring process. Genuine employer does not ask money for hiring!