Inventory Accountant (FMCG & Agric)
Job Categories:
Accountancy
Date Posted:
2025-06-10 12:09:24
Employment Type
Full Time
Website
Location:
Lusaka
Salary:
Negotiable
Phone:
Description:
Job Purpose
The Inventory Accountant will manage inventory records, ensuring accuracy in financial reporting and stock levels. Analyse data and support cost control initiatives to optimise Inventory Management. Examining and understanding manufacturing expenses, such as raw materials, labour, and overhead. Provide precise evaluations and reports on the financial status of inventory assets, offering in-depth analysis of potential cost-cutting measures and strategies to increase profits in inventory control.
Summary of Key Responsibilities:
- Maintaining inventory records, conducting physical inventory counts, and reconciling inventory records to physical counts.
- Identifying and correcting inventory errors, and recommending inventory levels based on sales forecasts and demand.
- Maintain accurate inventory records and ensure timely data entry
- Ensuring that inventory is properly classified and valued, and that inventory transactions are recorded in accordance with generally accepted accounting principles (GAAP).
- Conducting Inventory Management training, and providing support to other departments.
- Reconcile inventory discrepancies and resolve issues promptly
- Monitor stock levels and perform regular audits to verify accuracy
- Prepare detailed inventory reports for management review
- Identifying and implementing cost-saving measures, such as vendor consolidation and inventory optimization.
- Examine inventory expenses and discrepancies to assist in making financial choices
- Establish and uphold Inventory Management Protocols
- Analyse inventory costs and variances to support financial decisions
- Collaborate with purchasing and warehouse teams to streamline processes
- Assist with month-end and year-end inventory closing activities
Required Skills and Competencies
- Excellent communication Skills
- Strong analytical skills
- Attention to detail
- Excellent organizational abilities
- Excellent problem-solving skills.
- Ability to work independently and as part of a team
Primary Areas of Accountability:
Qualifications and Experience
- Degree in Accounting, Finance, or a related field
- Full CA Zambia, ACCA or CIMA preferred
- Must have a minimum of 4-5 years of experience in Stock Accounting
- Must be proficiency in Accounting software, such as Excel or ERP systems
- Proven experience in Inventory Management and Stock Accounting
- Strong understanding of inventory accounting principles and procedures.
- Must be a member of ZICA
QUALIFIED & EXPERIENCED FEMALES ARE ENCOURAGED TO APPLY FOR THIS POSITION
If you meet the hiring requirements for the position, please email your CV in MS Word and Cover Letter clearly stating your salary expectations to: jobs@bemconsult.com & Cc bemconsult8@gmail.com
Note that, all communications will be kept in the strictest of confidence. If you do not receive communication within 21 working days of the closing date of the advert, please consider your application unsuccessful.
DO NOT SEND CERTIFICATES AT THIS STAGE