Stocks Accountant at NFT Consult

The incumbent has the integral role of ensuring that the company’s stocks are correctly valued, pricing for customers is updated & correctly maintained, maintaining GL/ECS integrity and ensuring that company books reflect the correct position at any one time, by ensuring that the books to physical reconciliations are done on a regular basis.

Stocks Accountant Job Responsibilities

• Tracking the sales order life cycle and ensure that orders update to AR and GL. Investigating correcting and highlighting discrepancies as necessary including late/overdue delivery confirmations.
• Ensuring that product purchases are correctly recorded in the general ledger recorded and on time
• Reviewing and reconciling stock in transit accounts and ensuring that these are cleared as and when transactions are completed.
• Reviewing and reconciling all landed costs accrued against actual payments and ensuring these are cleared as and when transactions are completed.
• Reviewing monthly stock gains/losses and ensuring that these are within tolerances and are approved as per MOA
• Ensure that stock accounts reconcile within ECS and between ECS and the General ledger. Investigate integrity reports and ensure that differences are cleared.
• Preparing the month end stock valuations, validating the Cost of sales and margin analysis.
• Timely update of system costs and advising business of expected costs.
• Coordinating the quarterly and annual physical stock takes for all depots.
• Acting as JDE stocks focal point.
• Providing advice and assistance to depot stocks staff as necessary

Key Challenges:

The incumbent has to maintain the integrity of the volumes and values in JDE stock module with their equivalents in the general ledger. This means that a huge number of inter-related transactions have to be processed accurately and in the correct order against very tight closing deadlines

Qualifications for the Stocks Accountant Job

• Strong analytical skills.
• Financial background and/or experience in financial analysis
• Finance, OU and OP experience
• Good systems skills and knowledge of ERP (preferably JDE) processing systems.
• Good communications, influencing and networking skills.
• Knowledge of JDE ECS module and its integration with other subsystems.
• Ability to self-start

Competences Required:

• Functional Finance Leadership Skill
• Stocks Valuation & Reconciliation Knowledge
• Analysis and problem solving Skill
• Presentation Skills
• Negotiation Skills
• MI and business decision support knowledge
• Customer focus skill
• Deliver Results skill