Riana Group is recruiting an Inventory Officer position. Proficiency in inventory management, financial reporting, and supply chain coordination is required.
Key Responsibilities
Inventory Management:
- Oversee the complete inventory lifecycle including stocking, usage,
and disposal.
- Monitor and report on inventory levels, ensuring optimal stock
levels are maintained to support ongoing and upcoming projects.
- Conduct regular Inventory risk and audit assessments and develop
controls to improve efficiencies.
- Prepare, issue and keep record of delivery notes for
inventory-related requests.
- Keep record and track of material received and dispatched and
support in inventory reconciliation in physically and in Zoho.
- Support implementation of inventory management automation and
process improvement initiatives, including but not limited to Material
requests process.
Financial
Reporting:
- Develop and maintain detailed financial records related to
inventory, ensuring accurate cost tracking, valuation, and accounting for
all stock items. Ensure the inventory data is up-to-date at any given
time.
- Record and monitor all inventory transactions, including purchases,
adjustments, and disposals, to ensure completeness and accuracy in
financial statements.
- Reconcile inventory accounts regularly to verify that the physical
stock matches the financial records and address any discrepancies.
- Create comprehensive financial reports that detail inventory costs,
stock movements, and project-related expenses. These reports should
include cost analyses, variance reports, and profitability assessments.
- Analyze financial data to identify trends, discrepancies, and
opportunities for cost savings or process improvements.
- Provide insights and recommendations based on financial report
findings to support strategic decision-making and optimize inventory
management.
- Work closely with the finance team to ensure that inventory
financial records are aligned with broader company accounting practices
and financial reporting requirements.
- Ensure compliance with accounting standards, regulatory
requirements, and internal policies related to inventory accounting and
financial reporting.
Project
Support:
- Work closely with project managers to understand project
requirements and align inventory management with project timelines.
- Ensure timely availability of necessary equipment and materials for
ongoing installations and projects.
- Address and resolve any inventory-related issues that may impact
project deadlines or quality.
System
Integration:
- Utilize inventory management software and systems to track and
manage stock efficiently.
- Assist in the integration of new inventory management technologies
or processes as needed.
- Maintain accurate records within the inventory management system and
ensure data integrity.
Compliance
and Audit:
- Ensure adherence to company policies and industry regulations
related to inventory management and financial reporting.
- Support internal and external audits by providing accurate
documentation and resolving any audit findings related to inventory.
Skills & Personal
Attributes
- Bachelor’s degree in Supply Chain Management, Accounting, Finance,
Business Administration, or a related field.
- Proven 1-2 years of experience as an Inventory Accountant, , or in a
similar role, preferably in the IT or technology sector.
- Strong understanding of inventory management principles, accounting
practices, and financial reporting.
- Proficiency in stock accounting software and inventory management
systems.
- Excellent analytical skills with the ability to interpret financial
data and generate actionable insights.
- Strong organizational skills and attention to detail.
- Effective communication and interpersonal skills with the ability to
work collaboratively with project teams and vendors.
Preferred Qualifications:
- Certification in Inventory Management (CIMA) or Accounting (CPA) or
Supply Chain Management (CIPS-UK /CPSP-K)
- Experience with project-based inventory management.
- Familiarity with technology and IT equipment related to CCTV, access
control, and other systems mentioned.
How to Apply
