Inventory Accountant
1 week ago
- Checks that costs recorded are accurate and makes the necessary revaluations, if necessary.
- Ensures that subsidiary ledgers are tallied with general ledger inventory values and reconciles any differences;
- Investigates inventory errors and books adjusting/correcting entries;
- Reviews results and verifies causes of variances from stock counts before they are booked;
- Participates in stock counts;
- Verifies requests for inventory adjustments before they are booked including witnessing disposals of damaged and expired stocks;
- Generates inventory reports and analyzes variances and unusual transactions/occurrences, if any, particularly those relating to shrinkages.
- Raises significant findings to Business Unit Controller and coordinates this with concerned departments e.g. Warehouse, Stores and Supply Chain Management;
- Performs margin analyses and checks on any unusual margin ratios;
- Records all valid vendor invoices related to inventories completely, timely and accurately, including booking of add-on costs. Processes payment to foreign inventory suppliers and;
- Tracks short-shipped items and coordinates with Supply Chain Management on claiming of credit notes; Also makes sure that these are applied on subsequent payments to suppliers
- Monitors billing of landed cost allocations to affiliates;
- Helps lessen control risk in the inventory process by suggesting policies;
- Performs other functions that may be required.
Why Join Us?
- Be part of Asia's largest all-natural product retailer for 26 years
- Enjoy our beautiful and employee –friendly stores/office, with cute office pets in our HQ.
- Experience on-the-job skill development and mentoring program.
- Learn from our in-house and external trainings.
- Grow and challenge yourself to join our leadership development program.
- Work in a Company that values an entrepreneurial mindset on the job.
- Feel secure in our above industry compensation package.
- Join an organization that has a high retention rate, where people love where they work.'
Minimum Qualifications:
- Graduate of Bachelor of Science in Accountancy, preferably a Certified Public Accountant;
- Has good mathematical and analytical skills;
- Has command of both technology and finance issues;
- Has good written and oral communication skills in English and Filipino and has the ability to communicate complex information effectively
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