Stock Accountant
2025-06-19T12:38:26+00:00
Reeds Africa Consult
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FULL_TIME
Nairobi
Nairobi
00100
Kenya
Human Services
Accounting & Finance
2025-06-28T17:00:00+00:00
Kenya
8
To manage and reconcile all inventory-related financial transactions, ensuring accurate reporting of stock levels, movements, and valuation in compliance with internal controls and accounting standards. The Stock Accountant plays a critical role in inventory integrity, loss prevention, and financial reporting.
Job Description
Key Responsibilities:
Inventory Accounting & Reconciliation:
- Maintain accurate records of all stock transactions including receipts, transfers, issues, and adjustments.
- Reconcile physical inventory against system balances and investigate variances.
- Ensure that stock movements are correctly and promptly recorded in the ERP/accounting system.
Costing & Valuation:
- Monitor and validate stock costing, including landed costs and valuation of inventory at month-end.
- Prepare and update stock provisions for slow-moving, obsolete, or damaged items.
- Assist in cost of goods sold (COGS) calculations and stock-related journal entries.
Reporting & Analysis:
- Generate timely inventory reports for internal use and audit purposes.
- Provide analysis on inventory trends, losses, and efficiency improvements.
- Assist in forecasting and budgeting stock-related expenditures.
Stock Audits & Controls:
- Support and coordinate periodic and ad hoc stock counts (cycle counts and full physical inventory).
- Monitor stock controls at warehouses, depots, or outlets to prevent pilferage, loss, and mismanagement.
- Work closely with operations and warehouse teams to enforce inventory best practices.
Compliance & Support:
- Ensure adherence to company policies, internal controls, and relevant tax or audit requirements.
- Assist with internal and external audits relating to inventory.
- Support other finance functions as needed.
Job Requirements
Qualifications & Experience:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA (Part II or above) or equivalent professional certification.
- Minimum 3 years' experience in inventory accounting, preferably in logistics, oil & gas, FMCG, or manufacturing sectors.
- Experience with ERP systems (e.g., SAP, Oracle, QuickBooks, Odoo) is highly desirable.
- Proficient in MS Excel, including pivot tables and reconciliations.
Inventory Accounting & Reconciliation: Maintain accurate records of all stock transactions including receipts, transfers, issues, and adjustments. Reconcile physical inventory against system balances and investigate variances. Ensure that stock movements are correctly and promptly recorded in the ERP/accounting system. Costing & Valuation: Monitor and validate stock costing, including landed costs and valuation of inventory at month-end. Prepare and update stock provisions for slow-moving, obsolete, or damaged items. Assist in cost of goods sold (COGS) calculations and stock-related journal entries. Reporting & Analysis: Generate timely inventory reports for internal use and audit purposes. Provide analysis on inventory trends, losses, and efficiency improvements. Assist in forecasting and budgeting stock-related expenditures. Stock Audits & Controls: Support and coordinate periodic and ad hoc stock counts (cycle counts and full physical inventory). Monitor stock controls at warehouses, depots, or outlets to prevent pilferage, loss, and mismanagement. Work closely with operations and warehouse teams to enforce inventory best practices. Compliance & Support: Ensure adherence to company policies, internal controls, and relevant tax or audit requirements. Assist with internal and external audits relating to inventory. Support other finance functions as needed.
Bachelor’s degree in Accounting, Finance, or a related field. CPA (Part II or above) or equivalent professional certification. Minimum 3 years' experience in inventory accounting, preferably in logistics, oil & gas, FMCG, or manufacturing sectors. Experience with ERP systems (e.g., SAP, Oracle, QuickBooks, Odoo) is highly desirable. Proficient in MS Excel, including pivot tables and reconciliations.
JOB-685404c26c650
Vacancy title:
Stock Accountant
[Type: FULL_TIME, Industry: Human Services, Category: Accounting & Finance]
Jobs at:
Reeds Africa Consult
Deadline of this Job:
Saturday, June 28 2025
Duty Station:
Nairobi | Nairobi | Kenya
Summary
Date Posted: Thursday, June 19 2025, Base Salary: Not Disclosed
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JOB DETAILS:
To manage and reconcile all inventory-related financial transactions, ensuring accurate reporting of stock levels, movements, and valuation in compliance with internal controls and accounting standards. The Stock Accountant plays a critical role in inventory integrity, loss prevention, and financial reporting.
Job Description
Key Responsibilities:
Inventory Accounting & Reconciliation:
- Maintain accurate records of all stock transactions including receipts, transfers, issues, and adjustments.
- Reconcile physical inventory against system balances and investigate variances.
- Ensure that stock movements are correctly and promptly recorded in the ERP/accounting system.
Costing & Valuation:
- Monitor and validate stock costing, including landed costs and valuation of inventory at month-end.
- Prepare and update stock provisions for slow-moving, obsolete, or damaged items.
- Assist in cost of goods sold (COGS) calculations and stock-related journal entries.
Reporting & Analysis:
- Generate timely inventory reports for internal use and audit purposes.
- Provide analysis on inventory trends, losses, and efficiency improvements.
- Assist in forecasting and budgeting stock-related expenditures.
Stock Audits & Controls:
- Support and coordinate periodic and ad hoc stock counts (cycle counts and full physical inventory).
- Monitor stock controls at warehouses, depots, or outlets to prevent pilferage, loss, and mismanagement.
- Work closely with operations and warehouse teams to enforce inventory best practices.
Compliance & Support:
- Ensure adherence to company policies, internal controls, and relevant tax or audit requirements.
- Assist with internal and external audits relating to inventory.
- Support other finance functions as needed.
Job Requirements
Qualifications & Experience:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA (Part II or above) or equivalent professional certification.
- Minimum 3 years' experience in inventory accounting, preferably in logistics, oil & gas, FMCG, or manufacturing sectors.
- Experience with ERP systems (e.g., SAP, Oracle, QuickBooks, Odoo) is highly desirable.
- Proficient in MS Excel, including pivot tables and reconciliations.
Work Hours: 8
Experience in Months: 36
Level of Education: bachelor degree
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