Inventory Accountant (Western Cape) at PEP

PURPOSE OF THE JOB

• To manage the Inventory team and functions relating to Financial Inventory Management. To analyse, interpret and reconcile differences in financial and logistical data.

KEY RESPONSIBILITIES

• Manage and execute monthly/quarterly financial reporting and month-end close-off procedures for inventory, including IFRS adjustments and journal entries.
• Prepare and review monthly management accounts, income statements, and various financial reporting documents.
• Calculate and analyse key inventory ratios, such as stock turn and stock loss (shrinkage/damages), and report on exceptions found in stock listings.
• Prepare and submit the quarterly forecasts, annual budget, and 3-year plan for Merchandising, Planning, and IFRS Adjustments for executive review.
• Prepare and review monthly reconciliations (inventory, lay-buys, etc.) and compile quarterly disclosure for statutory packs.
• Claims Management: Manage and reconcile all claims (supplier, transport, GL, and pack slips) by reviewing ageing, providing guidance to the Finance Clerk, and presenting a monthly status report to Exco.

Requirements
JOB INCUMBENT REQUIREMENTS

• B Comm or equivalent finance qualification (Degree)
• 3 years’ work experience in a finance environment
• Good knowledge of inventory processes
• SAICA Audit articles for CA (SA) or AGA (SA), CIMA or SAIPA will be an advantage
• Retail experience will be an advantage

SKILLS REQUIRED

• High Levels of Computer literacy – advanced Excel
• Google suite (Gmail; Calendar; Sheets, Docs)
• Previous SAP experience would be an advantage
• SAP Business Objects, Qlikview and/or Finnivo will be an advantage
• Managing a team
• Communication skills (verbal and written)
• Aptitude to work with figures
• Interpersonal skills
• Ability to work independently as well as in a team environment
• Collate large volumes of data and inputs for strategic decision making
• Attention to detail
• Above average numerical ability
• Deadline driven
• Analytical thinking
• Ability to work under pressure
• Able to deal with large volumes of work
• Planning, organising and control