Inventory Management Accounting Staff
Oxychem Corporation
Date: 3 weeks ago
City: Mandaluyong City
Contract type: Full time
Responsible for monitoring, recording, and reconciling inventory transactions to ensure accurate financial reporting and inventory control. Conducts on-site audits at various warehouses or branch outlets to ensure compliance with internal policies, procedures, and inventory controls.
Warehouses
Key Responsibilities:
Warehouses
Key Responsibilities:
- Maintain and update inventory records in the accounting system.
- Coordinate with warehouse and purchasing departments for inventory movements and adjustments.
- Reconcile physical inventory counts with system records on a regular basis.
- Prepare monthly inventory reports for management and assist in variance analysis.
- Investigate inventory discrepancies and recommend corrective actions.
- Assist in month-end and year-end closing related to inventory accounts.
- Ensure compliance with company policies and accounting standards related to inventory.
- Support audits by providing necessary inventory data and documentation.
- Perform scheduled and surprise audits at outlet locations.
- Review sales reports, cash handling, inventory, and compliance with operating procedures.
- Investigate and report any irregularities or potential fraud.
- Conduct physical inventory counts and compare with system data.
- Evaluate outlet compliance with standard operating procedures (SOPs)
- Prepare and submit audit reports with findings, risks, and recommendations
- Bachelor’s degree in Accounting, Finance, or related field.
- At least 1-2 years of experience in inventory accounting or general accounting preferred.
- Proficient in accounting software (e.g., QuickBooks, SAP, Odoo) and Excel.
- Strong analytical skills and attention to detail.
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