Posted on: 18 July 2024
ID 919442

Stock Controller

Overview

To maintain optimal stock levels, ensure accurate stock valuation, and record financial transactions related to stock movements in compliance with accounting standards.

Responsibilities
  • Monitor and maintain current inventory levels, track orders and inventory movements.
  • Perform physical counts of inventory and reconcile actual stock count to computer-generated reports.
  • Develop and implement inventory control procedures and best practices.
  • Coordinate with relevant departments to ensure appropriate stock levels are maintained.
  • Understand and apply basic principles of debits and credits.
  • Assist in the preparation of financial statements, including ledger balances, profit and loss accounts, and other reports.
  • Process accounts payable and accounts receivable in relation to stock transactions.
  • Analyze and report on financial status pertaining to inventory, including discrepancies and aging inventory.
  • Oversee the scheduling, dispatching, and issuing of stock from the storeroom.
  • Ensure accurate and timely delivery of stock to the appropriate departments or external clients.
  • Maintain detailed records of stock dispatched and issued, including documentation for tracking and audit purposes.
  • Ensure compliance with internal policies and regulatory requirements related to inventory management and accounting.
  • Prepare and submit reports on stock levels, financial transactions related to stock, and any discrepancies identified.
Qualifications
  • Bachelor's degree in Finance, Accounting, Business Administration, or related field.
  • Proven experience in inventory management, preferably in a role that involves accounting or financial reporting.
Occupation:
Finance jobs


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