Stock Accounting Officer at Grand Cereals Limited

Purpose Statement:

• This role is responsible for ensuring accurate and high quality OT IF stock reporting and implementing controls for the safe keeping of inventory and to prevent financial loss to the business.

Key Accountabilities:

• Execute Inventory-related controls in line with lay down policies and procedures with respect to the physical flow of goods to ensure the accuracy of all inventory.
• Responsible for all general ledger inventory accounts and inventory detail/ sub-ledgers within Own plants and factories
• Physical inventories/cycle counts — coordinate all physical inventories/cycle counts and perform book-to-physical research/corrections within the Factory
• Confirm, review, reconcile, and correct production orders and ensure all information and related inventory impacts are correctly captured
• Reporting and analysis — provide accurate and timely information for management decisions
• Execute/implement business working capital strategy as directed by Management
• Material requirement forecast and monthly update Of all information relating to inventories variance analysis
• Weekly spot checks, GIT analysis and scrap analysis
• Factory and Depot stock reconciliations
• Tracking Of stock adjustment by location
• Support the Distribution and Inventory Finance Manager in the preparation of Budget and business reviews
• Ensure all template relating to stock and other inventories are properly updated and monitored for variances
• Ensure all inventory variances are investigated, reported, escalated, and cleared in a timely manner
• Ensure carrying cost for all inventory items are in line with purchase prices. Investigate, report, escalate variances OTIF

Educational Qualification & Experience

• Minimum Of 5 years' experience in a financial control function Of a FMCG
• First Degree in Accounting plus ACA/ACCA
• Knowledge, Skills & Behaviour
• Strong mathematical, analytical and problem-solving skills.
• Strong proficiency in Microsoft Excel and PowerPoint
• Good Interpersonal and teamwork skills
• Knowledge Of SAP will be an added advantage