Inventory Management Specialist

2 weeks ago

Stellenbosch, South Africa Exceed Human Resource Consultants Full time

Overview Reference: 10702 CM Consultant: Christa Mostert Job Description Stock Accounting & Financial reporting Review and reconcile all stock-related general ledger accounts to ensure accurate valuation and reporting of inventory balances. This will be reconciled to the stock valuation report. Ensure that stock movements (purchases, transfers, issues, and sales) are correctly captured in SAGE X3, through liaising with the various stakeholders. Prepare and review monthly stock reports, including valuation adjustments, write-offs, and provisions for obsolete or slow-moving stock. Ensure compliance with IFRS for SMEs and company accounting policies in the treatment and presentation of inventory. Stock Verification and Control Coordinate and oversee periodic stock counts (cycle counts and full physical counts) across warehouse locations and ensure the system reflects their physical counted quantities Review stock count results, investigate variances, and ensure corrective actions are implemented. Monitor stock adjustments to identify unusual patterns or control weaknesses. Maintain and enhance internal controls over stock management and reporting processes. Transaction Processing Oversight Review and approve stock-related transactions such as purchase orders, goods received notes, and sales orders to ensure proper financial documentation. Verify that all stock purchases and issues are appropriately authorised and supported by valid documentation. Liaise with procurement, sales, and logistics teams to resolve discrepancies in stock processing and documentation. Analysis and Management Support Analyse gross margins and stock-related variances to support business decision-making. Provide financial insights to management on stock utilisation, turnover, and valuation trends. Support external and internal audit requirements related to stock accounting. Systems and Process Improvement Participate in process reviews and system enhancements to improve accuracy and efficiency in stock management. Support the implementation of best practices in stock accounting, reporting, and internal control. Qualifications Bachelor’s degree in accounting, Finance, or equivalent. Completed articles or studying toward a professional qualification (CA(SA), CIMA, or similar) advantageous. Minimum of 2–3 years’ experience in inventory accounting or cost accounting within a manufacturing, retail, or distribution environment. Proficiency in Microsoft Excel and ERP platforms (e.g. SAGE X3). How to Apply Email your comprehensive CV to If you are already registered, please forward your CV and the relevant reference number to the consultant with whom you are currently registered in order to avoid duplicity on our system. We reserve the right to only conduct interviews with candidates of choice. Applicants who have not received feedback within 30 days from the closing date must please accept their application as unsuccessful. #J-18808-Ljbffr

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