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Inventory Controller

Inventory Controller

WoolworthsCape Town, Western Cape, South Africa
30+ days ago
Job description

To manage the TRADE and NON-TRADE system integrity and financial stock, including movement reporting.

Responsibilities :

  • Accountable for resolving non-trade stock queries with relevant stakeholders (Non-Trade Payables, Procurement, RED, Gift Card, Head Office Facilities such as Stationery, Dining Room, Hairdresser, ITS, and Special Occasions).
  • Understand end-to-end technical processes for non-trade stock.
  • Communicate with BUFMs regarding non-trade stock and gross profit inventory adjustments.
  • Reconcile Non-Trade stock balance sheet accounts (RED, Gift Card, Head Office Facilities, stock accruals).
  • Operational and financial responsibility for Non-Trade stocktakes of warehouses, including capturing, approval, and reporting.
  • Reconcile stock ledger with records at outsourced stock locations.
  • Ensure manufacturer charges are accurate and adjusted against stock.
  • Accurately cost RED imported Non-trade stock, including additional charges like freight and duty.
  • Process miscellaneous transactions such as receipt and issuance of stock per BU requests.
  • Maintain records of all gift cards issued to stores, head office, and external corporates.
  • Process monthly billing related to gift card stock issued and service charges (courier, management fees).
  • Reconcile gift card stock ledger with records at Crossgate and ensure manufacturer charges are accurate.
  • Manage first receipt of Red Imported Non-Trade stock and coordinate with Finance Imports Team for payments.
  • Calculate costing profit / loss and file RED shipment documentation.
  • Meet with stakeholders for shipment closure.
  • Reconcile WIP Special Occasions account and process adjustments for billing recovery from suppliers.
  • Ensure non-trade stock is properly aged for provisions.
  • Contribute to finance policies, principles, and procedures.
  • Train stakeholders to understand finance requirements across departments for non-trade.
  • Work with Business Systems Analyst to communicate business requirements for system development.
  • Assist in analyzing process changes, risks, and communication needs.
  • Report on status, issues, and risks.
  • Reconcile Division 5 stock clearing and control accounts and compile stock rollforwards.
  • Liaise with auditors.

Technical and Functional Skills :

  • Understand and apply IFRS and financial accounting principles.
  • Proficient in handling complex finance IT systems and large transaction volumes.
  • Apply accounting knowledge to identify financial risks and exposures.
  • Strong Excel skills and experience with reporting tools such as Oracle, QlikView, Cognos.
  • Numeric proficiency.
  • Minimum 1 year of reconciliation experience.
  • Minimum Qualifications :

  • B. Comm. (Accounting) or BTech (3-year).
  • 2-3 years of experience in accounting or finance environment.
  • Behavioral Skills :

  • Problem-solving skills.
  • Commitment to high-quality standards.
  • Accurate work with attention to detail.
  • Ability to work independently.
  • Effective written and verbal communication skills.
  • #J-18808-Ljbffr

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    Inventory Controller • Cape Town, Western Cape, South Africa

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