Inventory Controller (Inventory Accounting)

Inventory Controller

A global award-winning client in the automotive industry seeks an Inventory Controller to join their team.

Duties & Responsibilities

• Ensure that all inventories are accounted for correctly in terms of IFRS;
• Consider and manage tax risk associated with inventory;
• Complete month-end / quarter-end / year-end procedures related to inventory;
• Complete month-end reporting / quarter-end reporting related to inventory (split of inventory balance, disclosure checklist etc.);
• Ensure all off-site stock is reported monthly to the insurance department to ensure adequate insurance of stock;
• Calculate and post stock provisions. Assess the need for additional provisions to address identified risks;
• Prepare general ledger reconciliations on a monthly basis. Identify items requiring follow-up – ensure such items are cleared from the reconciliation (e.g. aged items). Clear any review notes on the reconciliations;
• Prepare reports and report to business counterparts the monthly results (e.g. monthly DIO reporting);
• Ensure cycle / stock counts are performed regularly on all relevant areas to manage inventory risk and as required by group policy or process;
• Analyze stock adjustments on a monthly basis for reasonableness and to identify potential process flaws or discipline lapses;
• Assess internal control compliance, identify risks and follow up with business in terms of implementation of mitigating controls. Assist with internal control testing;
• Liaise with the external auditors on inventory-related topics.

Desired Experience & Qualification

Package & Remuneration

Should you not receive a response within 14 days, please consider your application as unsuccessful.

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