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Inventory Accountant – Karen Job Summit Recruitment and Search
Inventory Accountant – Karen, Nairobi Job
The successful candidate will manage and oversee all aspects of inventory accounting for retail operations and other accounting duties. The ideal candidate will play a critical role in ensuring accurate inventory valuation, cost tracking, and financial reporting to support business operations and decision-making.
Key Responsibilities:
- Perform regular reconciliations between physical inventory and accounting records, investigating and resolving discrepancies.
- Monitor and maintain accurate cost of goods sold (COGS) and inventory valuation using appropriate costing methods (e.g., FIFO, weighted average).
- Coordinate and execute month-end and year-end inventory close processes, including journal entries and account reconciliations.
- Support internal and external audits by providing detailed inventory data, documentation, and analysis.
- Generate and analyze inventory-related financial reports to provide insights on stock levels, shrinkage, obsolescence, and turnover metrics.
- Ensure all inventory accounting activities comply with internal policies, procedures, and applicable accounting standards.
- Other accounting duties.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA or ACCA certification preferred.
- Excellent analytical, organizational, and communication skills.
- Advanced Excel skills required.
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How To Apply
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