Assistant Accountant – Inventory & Costing

Functional responsibility for the accounting records and respective reconciliations in respect of Inventory

JOB TITLE: Assistant Accountant – Inventory & Costing

REPORTS TO: Accountant

PURPOSE

Functional responsibility for the accounting records and respective reconciliations in respect of Inventory and other related balances.

EDUCATION

• Undergraduate degree, preferably in Accounting or a related discipline.
• Level 2 ACCA or equivalent.

REQUIRED SKILLS / EXPERIENCE:

• At least 3 years’ experience in a computerised accounting environment within the retail sector.
• Knowledge of Microsoft Office applications with emphasis on MS Excel.
• Experience with Oracle Financials would be an asset.
• Strong organizational/coordination skills and excellent at time management.
• Analytical and problem –solving skills.
• Good interpersonal and communication skills.

REQUIRED PERSONAL CHARACTERISTICS:

• Ability to manage and prioritise a demanding workload.
• Positive attitude towards work.
• Ability to use own initiative and work independently.
• Team player.
• Tactful and discreet.

DUTIES & RESPONSIBILITIES:

Perform on-going checks and reconciliation of the Inventory and Cost of Sales portfolios, including, but not limited to:

• Conducting daily checks of the subledgers and corresponding GL balances to ensure that accounting entries are being cleared as intended.
• Identifying and resolving reconciling items on a timely basis - within two weeks.
• Monthly reconciliation of Goods in Transit (GIT) to the General Ledger.
• Monthly reconciliation of Goods Receipt Note (GRN) to the General Ledger.
• Monthly reconciliation of warranty balances.
• Analysis and monitoring of assigned GL accounts.
• Supervise the Costing function.
• Any other tasks assigned that will assist in achieving the purpose stated above and or the company’s mission.

THIS REPRESENTS A BROAD OUTLINE OF DUTIES AND RESPONSIBILITIES AND CANNOT LIST IN DETAIL