Management Accountant: Inventory at Queenspark

About the job
VACANCY AT HEAD OFFICE

Inventory Management Accountant

Reporting to:              

•        Financial Manager: Retail

Qualifications:            

•        Finance degree (majoring in Management / Cost accounting)

Experience:

•        At least three to five years’ experience in a management accountant role in a medium to large retail environment. Inventory experience essential.

Skills required:           

•        Analytical thinking
•        Working knowledge of an ERP system (preferably Microsoft Dynamics NAV or Business Central)
•        Working knowledge of inventory costing in a retail environment
•        Knowledge of imports and foreign exchange preferable
•        Excellent communication skills
•        Highly skilled in Excel

Duties:

•        Inventory recons and ageing
•        Update consumables standard cost
•        Cost of sales variance account analysis and reconciliation
•        Reconciliation of consignment supplier accounts
•        Managing imports
•        Forex cover and liaising with bankers
•        Managing relationship with freight forwarder
•        Reconciling supplier prepayments (local & imports)
•        Stock loss provisioning and reconciliation
•        Bi-annual stock counts and reconciliation to the general ledger
•        Consumables stock reconciliation
•        Marketing stock reconciliation
•        Management of inventory payables
•        Warehouse KPI report
•        Calculation of monthly stock obsolescence provision
•        Weekly sales reports and other reports
•        Investigate anomalies
•        Ad hoc projects

Behavioral Competencies:

•        Accuracy and attention to detail
•        Pro-active and self-motivated
•        Presentation and communication skills
•        Problem analysis and judgment
•        Planning and organizing
•        Customer focus
•        Ability to work under pressure and self-manage
•        Quick learner and flexible
•        Entrepreneurial and commercial thinking

Unique working conditions:

•        Uneven workload, peaking during month-ends and year-ends