Lubricant Accountant at Nepal Energy

Job Description

• We are seeking a detail-oriented and analytical Lubricant Accountant to manage inventory accounting and control across our locations.
• The ideal candidate will ensure accurate stock reporting, cost tracking, and alignment between physical inventory and ERP records to support operational efficiency and sound financial decision-making.

Key Responsibilities

• Maintain accurate records of bulk and packed lubricant inventory across all locations.
• Record and reconcile all stock movements including receipts, issues, transfers, and returns.
• Perform daily reconciliation between physical stock and ERP balances, resolving variances promptly.
• Manage inventory by SKU, grade, batch, and pack size, including monitoring slow-moving or obsolete stock.
• Verify all goods receipt and dispatch documentation for accuracy.
• Post all inventory transactions in the ERP system and maintain data integrity.
• Ensure inventory valuation aligns with FIFO principles and track associated costs.
• Monitor product margins and support pricing, budgeting, and financial reporting.
• Coordinate periodic stock counts and prepare variance reports.
• Monitor and control stock losses, ensuring compliance with approved thresholds.
• Prepare regular inventory and performance reports.
• Collaborate with Operations, Supply Chain, Sales, and Production teams.
• Ensure compliance with regulatory requirements and support audit processes.

Qualifications & Experience

• BSc in Accounting, Finance, or related field
• Minimum of 5 years’ experience in oil & gas, manufacturing, or FMCG
• Strong experience in inventory accounting and reconciliation
• Knowledge of product costing and margin analysis
• Experience working with ERP systems
• A professional qualification (ACA/ACCA) is an added advantage
• Cost accounting experience is an added advantage.