Home South Africa Inventory Controller (Inventory Accounting)

Home South Africa Inventory Controller (Inventory Accounting)

Inventory Controller (Inventory Accounting)

Full time at a Laimoon Verified Company in South Africa
Posted on April 4, 2024

Job details

These jobs were popular with other job seekers A global award winning client in the automotive industry seeks for an Inventory Controller to join their team. Duties & ResponsibilitiesEnsure that all inventories are accounted for correctly in terms of IFRS;Considering and managing tax risk associated with inventory;Complete month-end/quarter-end/year-end procedures related to inventory;Complete month-end reporting/quarter-end reporting related to inventory (split of inventory balance, disclosure checklist etc.);Ensure all off-site stock is reported monthly to the insurance department to ensure adequate insurance of stock;Calculate and post stock provisions. Assess the need for additional provisions to address identified risks;Prepare general ledger reconciliations on a monthly basis. Identify items requiring follow up - ensure such items are cleared from the reconciliation (e.g. aged items). Clear any review notes on the reconciliations;Preparation of reports and reporting to business counterparts the monthly results (e.g. monthly DIO reporting);Ensure cycle/stock counts are performed regularly on all relevant areas to manage inventory risk and as required by group policy or process;Analyze stock adjustments on a monthly basis for reasonableness and to identify potential process flaws or discipline lapses;Assess internal control compliance, identify risks and follow up with business in terms of implementation of mitigating controls. Assist with internal control testing;Liaise with the external auditors on inventory-related topicsDesired Experience & QualificationCIMA or Chartered Accountant (SA) with at least 2 years experience in a manufacturing environmentExperience with SAPProficient in using the Microsoft Office programs and advanced excel skillsAccounting (Current IFRS requirements) related to inventory accountingKnowledge of the Income Tax Act related to inventoryGood interpersonal skills - communicates appropriately and considers the counterparts' level of knowledgePackage & RemunerationShould you not receive a response within 14 days, please consider your application as unsuccessful.These jobs were popular with other job seekers

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