Inventory / Stock Accountant at Sayed Farms Limited

Job Reference: ISACCT202607

Job Summary

• We are seeking a detail-oriented and analytical Inventory/Stock Accountant to oversee inventory accounting, stock reconciliations, cost control, and inventory reporting.
• The successful candidate will be responsible for ensuring the accuracy of inventory records, monitoring stock movements, supporting periodic stock counts, and maintaining strong internal controls over inventory management.

Key Responsibilities

• Monitor and account for all inventory transactions across warehouses, stores, and production facilities.
• Ensure accurate recording of stock receipts, issues, transfers, adjustments, and returns within the ERP system.
• Perform daily, weekly, and monthly inventory reconciliations between physical stock and accounting records.
• Investigate and resolve inventory variances, discrepancies, and stock losses.
• Prepare inventory valuation reports and analyze stock movements.
• Maintain accurate records of raw materials, work-in-progress, finished goods, and consumables.
• Review and validate Goods Received Notes (GRNs), stock transfer notes, and inventory adjustment requests.
• Participate in periodic stock counts and annual physical inventory exercises.
• Coordinate with warehouse, production, procurement, and finance teams to ensure inventory accuracy.
• Monitor inventory ageing and identify slow-moving, obsolete, or damaged stock.
• Support month-end and year-end closing activities related to inventory accounting.
• Ensure compliance with company policies, internal controls, and accounting standards.
• Assist internal and external auditors by providing inventory-related schedules and supporting documentation.
• Generate inventory performance reports and provide recommendations for improved stock management and cost control.

Qualifications and Experience

• Bachelor's Degree or HND in Accounting, Finance, Economics, or a related discipline.
• Professional accounting qualification (ICAN, ACCA, ACA, or equivalent) will be an added advantage.
• 3–5 years' experience in inventory accounting, stock control, or cost accounting.
• Experience in poultry, feed mill, agriculture, manufacturing, FMCG, or distribution industries is highly preferred.
• Strong understanding of inventory management principles and stock valuation methods.
• Hands-on experience with ERP systems and inventory management modules.
• Advanced proficiency in Microsoft Excel and accounting software.

Skills and Competencies:

• Inventory Accounting
• Stock Reconciliation and Analysis
• Cost Accounting
• ERP Systems Proficiency
• Financial Reporting
• Internal Controls
• Data Analysis and Reporting
• Attention to Detail
• Problem-Solving Skills
• Communication and Teamwork

Preferred Experience:
Candidates with practical experience in:

• Raw material inventory management
• Feed mill or poultry production inventory accounting
• Warehouse and cold room stock control
• ERP transaction processing, including:
  • Purchase Orders (PO)
  • Goods Received Notes (GRN)
  • Receipt Vouchers (RV)
  • Stock Transfers
  • Inventory Adjustments.