Inventory Accountant - West African Cubes Limited

Job title : Inventory Accountant - West African Cubes Limited jobs in Ogun Job Location : Ogun Deadline : July 24, 2024 Quick Recommended Links

About the Role

Inventory:

• Stock Taking: Verification and Control on weekly (cycle) and Month-end counts of Warehouse inventory of Raw, Packing Materials, Spares and Consumables.
• Conduct surprise checks on inventory to ascertain stock position and adherence to inventory processes and controls.
• Continuous assessment of the inventory control environment with a view of ensuring its adequacy and where necessary introduce controls to block any identified gap(s).
• Carry out surprise checks on FG loaded trucks to ascertain adherence to the controls.
• Preparation of Monthly and year-end Inventory Schedules reconciled to general ledger accounts.
• Providing explanation to both internal and external auditors on inventory related queries.
• Invoice Processing: Processing Vendors invoices while ensuring 3-way check of PO, GRN and Invoice.
• Inventory Sub Ledger and General Ledger Reconciliation Report
• Inventory Report - Warehouse/ Spares & Consumables
• Weekly preparation of Spares and Consumables Ageing Report
• Advance Payment: Processing of advance payments for both local and foreign vendors.

Fixed Asset:

• Creation of capex for approval and adequate documentation of PPE records.
• Ensuring purchased PPE are recognized in line with company policies and financial reporting framework.
• Computation of monthly depreciation of PPE and posting to the relevant ledger accounts.
• Preparation of PPE Schedule reconciled to the general ledger account.
• Preparation Capex/budget variance report.
• Ensuring all company assets are tagged for verification purposes.

Insurance:

• Monthly review of insurance cover and providing information on additional cover.
• Monthly recognition of insurance expense for financial reporting purpose.
• Ensuring adequate records are kept on insurance covers for audit purpose.
• Ensure data is used or processed for the purpose set for such data and ensure absolute confidentiality while processing or using personal data.

Perform any other duties as may be assigned by the Financial Controller.

Education / Experience & Other Requirements

• A minimum of B.Sc in Finance / Accounting or any other related discipline.
• 2-4 years experience in similar role from any FMCG Factory/Plant environment is mandatory.
• Relevant Professional qualification (ACA / ACCA) is required.
• Good knowledge of IFRS, Inventory and PPE management.
• Good data gathering, analysis, organizational and problem-solving skills

Key Competencies:

• Attention to details is MUST
• A person of high integrity
• Must be good a team-player
• Must be flexible.

Accounting / Financial Services jobs in Nigeria
Inventory Accountant - West African Cubes Limited in Ogun