Sara. O Events Company, an events, design and decoration company in Lagos, is recruiting suitably qualified candidates to fill the position below:
Job Title: Inventory Accountant
Location: Lagos
Employment Type: Full-time
Job Summary
- The Inventory Accountant is responsible for overseeing and managing all financial aspects related to inventory within the organization.
- This role involves tracking and reconciling inventory transactions, maintaining accurate stock records, monitoring variances, and collaborating with other departments to ensure efficient inventory control.
- The Inventory Accountant plays a crucial role in ensuring inventory valuation aligns with financial reporting standards and organizational policies.
Key Responsibilities
- Record and reconcile inventory transactions, including purchases, sales, returns, and transfers.
- Maintain accurate and up-to-date inventory records in accounting systems.
- Calculate inventory valuation using methods such as FIFO, LIFO, or weighted average as per company policy.
- Prepare regular inventory reports, including month-end and year-end close processes.
- Conduct periodic inventory counts and reconcile discrepancies.
- Monitor stock levels to ensure inventory accuracy, flagging issues with stockouts, overages, or damages.
- Collaborate with the Inventory Supervisor to address variances and improve inventory control practices.
- Generate monthly and quarterly inventory cost reports and variance analyses.
- Assist in budgeting and forecasting inventory requirements and related costs.
- Support internal and external audits by providing accurate and timely inventory-related information.
- Identify and implement process improvements to strengthen inventory controls and reduce risk of errors.
- Ensure accurate data entry and system integrity within inventory modules.
Qualifications
- Bachelor’s Degree / HND in Accounting, Finance, Business Administration.
- 2 years of experience in inventory management, accounting, or a similar role.
- Strong knowledge of accounting principles related to inventory.
- Excellent attention to detail, analytical, and problem-solving skills.
- Strong communication skills for collaboration across departments.
- Experience in inventory-heavy industries (e.g., manufacturing, retail, or logistics) is advantageous.
- Familiarity with Generally Accepted Accounting Principles (GAAP) is a plus.
Salary
N200,000 monthly.
Application Closing Date
22nd November, 2024.
How to Apply
Interested and qualified candidates should send their Applications to: saraooffice@gmail.com using the Job Title as the subject of the mail.
