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Job Description

• Monitor and reconcile inventory accounts to ensure accuracy and compliance with company policies.
• Conduct regular physical inventory counts and coordinate cycle counts to verify stock levels.
• Analyze inventory variances and investigate discrepancies, providing detailed reports and recommendations.
• Prepare and maintain inventory-related journal entries and supporting documentation.
• Collaborate with production, procurement, and warehouse teams to optimize inventory management processes.
• Assist in the monthly, quarterly, and annual closing processes by providing accurate inventory data.
• Support internal and external audits by preparing required inventory schedules and documentation.
• Develop and implement inventory control procedures to minimize losses and improve efficiency.
• Track and report on inventory turnover, slow-moving items, and obsolete stock.
• Ensure compliance with relevant accounting standards and company policies regarding inventory valuation.

Job Requirements

● Bachelor’s degree in Accounting, Finance, or a related field.

● 2-4 years of experience in inventory accounting or a similar role within a manufacturing or industrial environment.

● Strong understanding of inventory management principles and accounting standards.

● Proficiency in accounting software and Microsoft Excel.

● Excellent analytical and problem-solving skills.

● Strong attention to detail and organizational abilities.

● Ability to work independently and collaboratively within cross-functional teams.

● Effective communication skills for reporting and coordination.