Job Summary
We are hiring for a Finance Specialist – Inventory responsible for monitoring and managing all financial aspects of inventory across the supply chain.
This role ensures accurate inventory valuation, cost control and compliance with accounting standards while working closely with operations, procurement, and warehousing teams to optimize stock management and minimize financial risks.
Responsibilities
Maintain accurate inventory records and ensure timely reconciliation between physical stock and financial systems.
Monitor and analyse inventory movements, aging, and stock variances to identify risks and opportunities.
Maintain accurate inventory records and ensure timely reconciliation between physical stock and financial systems.
Partner with supply chain and operations teams to review inventory levels, turnover, and obsolescence.
Prepare inventory reports and support monthly, quarterly, and annual closing activities, including inventory valuation and journal entries.
Perform root cause analysis on stock adjustments, write-offs, and inventory losses.
Ensure compliance with company policies, internal controls, and audit requirements related to inventory.
Support the development and implementation of inventory management policies and procedures.
Assist in physical inventory counts and cycle counts, including planning, execution, and analysis.
Contribute to working capital improvement initiatives by providing insights into inventory optimization.
Provide support during internal and external audits regarding inventory-related queries and documentation.
Requirements
B.Sc. Degree in Finance, Accounting, or a related field
Minimum of 3 years of relevant experience in finance, inventory control, or supply chain finance in any FMCG or manufacturing environment.
Strong knowledge of inventory accounting principles, including standard costing, FIFO, and weighted average methods.
Experience with ERP systems (e.g., SAP, Oracle, Microsoft Dynamics); strong Excel Skills required.
Detail-oriented with strong analytical and problem-solving abilities
Ability to collaborate cross-functionally and communicate effectively with non-financial teams.