Stock Reconciliation Officer at Ascentech Services Limited

Job Description

• We are seeking a detail-oriented and analytical Stock Reconciliation Officer to join our Supply Chain Finance team.
• The ideal candidate will be responsible for ensuring accuracy between physical inventory and financial records, identifying discrepancies, and supporting effective inventory control across operations.

Key Responsibilities

• Perform regular stock reconciliation between physical inventory and system records.
• Investigate and resolve discrepancies in stock balances, including variances in warehouse and store records.
• Maintain accurate documentation of stock movements, adjustments, and reconciliations.
• Collaborate with warehouse, procurement, and finance teams to ensure inventory accuracy.
• Monitor stock levels and support inventory control processes to minimize losses and shrinkage.
• Prepare and present reconciliation reports, highlighting variances and recommending corrective actions.
• Ensure compliance with internal controls, policies, and audit requirements.
• Support periodic stock counts, audits, and cycle counts.
• Analyze inventory data to identify trends, risks, and opportunities for process improvement.

Requirements

• 3–5 years of experience in stock reconciliation, inventory control, or supply chain finance.
• Bachelor’s degree in Accounting, Finance, Supply Chain Management, or related field.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel and inventory management systems (ERP experience is an advantage).
• High attention to detail and accuracy.
• Good understanding of inventory accounting principles.
• Strong communication and reporting skills.