General Responsibilities
1. Reporting & Analysis
- Prepare regular reports on stock levels, aging, movement trends, stock valuation, and shrinkage.
- Analyze inventory data to identify patterns and support management decision-making.
- Assist in annual/ quarterly physical inventory audits and coordinates with internal/external during audits. Ensure compliance with applicable accounting standards and regulatory requirements.
- Review account reconciliations of inventory (sub-ledger vs GL).
2. Inventory control & management
- Investigate and resolve inventory discrepancies or variances.
- Maintain records of all inventory transactions in the ERP or inventory management system.
- Track slow-moving, obsolete, or excess stock and recommend corrective actions.
- Contribute to development of inventory optimization strategies to reduce carrying costs.
3. Process Improvement & Compliance
- Support the implementation and enforcement of standard operating procedures (SOPs) for inventory management.
- Ensure adherence to company policies, safety standards, and audit requirements.
- Identify process gaps and recommend improvements for efficiency and accuracy.
4. Leadership & Team Management
- Lead and develop a team of finance staff.
- Set performance goals, conduct evaluations, and promote professional growth.
- Collaborate with other departments to ensure alignment on financial processes.
Professional experience and Qualifications
- Education: Bachelor's Degree in Finance, Accounting, or related field.
- Professional certifications (ACCA, CPA, CIMA) is advantageous.
- Experience: Minimum of 5 years of experience in Operational Finance, including at least 2 years in a supervisory or managerial role.
- Experience in Retail / Convenience Store / FMCG Environment will be an added advantage
- Excellent interpersonal skills with an ability to work with people at all levels
Soft Skills:
- Strong analytical and problem-solving skills.
- Excellent communication skills to collaborate effectively with stakeholders.
- Attention to detail with the ability to work independently and meet deadlines.
Technical Skills:
- Solid understanding of accounting principles and reporting standards
- Proficiency in ERP systems (SAP)
- Advanced Excel and data analysis skills