Cost and Inventory Accountant at Aldelia Limited

Location: Apapa, Lagos

Job Description

• The Inventory Accountant is responsible for maintaining thorough and accurate documentation on inventory accounting and the timely recording and reconciliation of inventory accounts.
• The job holder also undertakes other accounting and analytical tasks working as an individual contributor or part of a team, including balance sheet accounts reconciliation.

Responsibilities

• Record and monitor inventory transactions on the ERP
• Update unit product costs in SAP (purchase orders) for PPPRA recovery to ensure that all adjustments affecting inventory accounts are promptly recorded.
• Review moving average cost of sale to ensure that POs that have been created during the month are in line with the final/commercial invoice for product purchases during the period and pass manual adjustments if necessary.
• Create Item Codes, Item Class, Warehouse and Costs as requested by Business Unit Managers
• Perform monthly inventory valuation for the various company products including Lubricants
• Book inventory values on the ERP and investigate and ascertain causes of differences before month end closing of the books.

Qualifications

• First Degree in Business, Finance, Accounting, Economics or a related course
• Professional accounting qualification e.g. ICAN, ACCA, with understanding of IFRS principles is preferred.

Experience:

• 2-4 years experience in accounts payable and general ledger accounting
• Two years experience with data entry on ERP (preferably SAP).
• Experience with basic Crystal report writing or data querying preferred
• Planning and Organization
• ERP
• Advanced Microsoft Excel (data manipulation, advanced formulas, pivot tables, vlookups, sumif etc.). Proficient with other Microsoft Office applications (Outlook, PowerPoint, Word)
• Analytical and problem solving skills
• Knowledge of accounting principles, practice and procedures
• Knowledge of stock valuation, cost and management accounting
• Financial reporting & analysis
• Accounts reconciliation and closing procedures

Salary
N4,000,000 - N5,000,000 annually