Stock Accountant (Fourways) at Leroy Merlin

Description

Purpose of the role:

• Under the management of the Finance Manager, this position will be responsible for all inventory accounting functions and the related accounts payable and general ledger functions.
• The Stock Accountant is responsible for ensuring accurate and efficient management of Stock and related Accounts Payable in the ERP system.
• He/she will ensure that AP and Stock control procedures are in place and adhered to.

Key responsibilities:

• Responsible for physical verification, regular reconciliations and general monitoring of AP and Stock activity
• Developing AP and inventory analysis reports and analyzing variances, as well as, prepare and distribute daily, weekly, monthly and ad-hoc levels and consumption reports to all the relevant stakeholders
• Assist in developing and implementing policies and procedures
• Assisting in the improvement in internal controls
• Facilitate and participate in monthly, cyclical and annual counts
• Perform monthly reconciliations against ERP for all categories and highlight variances to management
• Ensure that goods received by warehouse are matched with the actual invoices from the suppliers
• Reconcile deliveries with purchase orders and or agreed contract terms, and raise nonconformity reports where applicable
• Ensure that goods dispatched to the customers are matched with the actual invoices issued to the customers
• Coordinate with warehouse team to implement and ensure a control system to reduce damage, breakage and obsolescence
• Support accurate and timely financial reporting through ensuring all data is updated correctly
• Verifying accurate standard costs and prepare monthly journals – IFRS and Standard Costing
• Manage the monthly financial close process for all categories
• Ensure proper records and classification in terms of cost and quantity of all items; 
• Ensure ledger entries are properly coded and classified
• Carry out spot checks on AP and Stock balances in the warehouse as against the records (ERP) to capture any anomalies
• Assist the Finance Team in ad-hoc relevant projects.
• Build a good supplier relationship
• Ensure all filing of supporting documentation is done immediately, accurately and securely in line with group and local retention policy requirements.
• Assist with the preparation of annual audit files
• Assist and support external and internal audits.
• Ensure that Ad hoc queries and requests are completed within the deadlines agreed upon.
• Be a strong support to the Procurement, Treasury and Performance teams: supplier validation, supplier opening, credit applications, etc.

Requirements

Requirements:

• Finance Degree (Non negotiable)
• 3+ Years Experience (Non negotiable)
• SAICA Articles Completed (Preferred)
• Post Graduate Qualification (Preferred)
• Retail Experience (Advantageous)
• Multinational organisational experience (Advantageous)