Job Description

Pep Vacancies – Inventory Accountant

Purpose of the Job

The Inventory Accountant is responsible for leading the Inventory Finance team and managing all financial processes related to inventory. This role ensures accurate financial and logistical reporting, reconciliations, and analysis to support effective decision-making within the business.

Key Responsibilities

• Oversee and execute monthly and quarterly financial reporting for inventory, including month-end close, IFRS adjustments, and journal entries.

• Prepare and review monthly management accounts, income statements, and related financial reports.

• Analyse key inventory metrics such as stock turn, shrinkage, and damages, and report on variances or exceptions.

• Coordinate and compile quarterly forecasts, annual budgets, and the 3-year plan for Merchandising, Planning, and IFRS Adjustments for executive review.

• Prepare and review monthly reconciliations (inventory, lay-bys, etc.) and compile quarterly statutory disclosures.

• Manage all claims (supplier, transport, GL, and pack slips), oversee ageing reviews, guide the Finance Clerk, and present a monthly claims status report to Exco.

Job Requirements

• BCom degree or equivalent finance qualification.

• Minimum of 3 years’ experience in a finance environment.

• Strong understanding of inventory processes.

• SAICA articles (CA(SA) or AGA(SA)), CIMA, or SAIPA advantageous.

• Retail industry experience beneficial.

Skills Required

• Advanced computer literacy, especially Excel.

• Proficiency in Google Suite (Gmail, Calendar, Sheets, Docs).

• SAP experience advantageous (SAP Business Objects, QlikView, Finnivo beneficial).

• Strong analytical skills and numerical ability.

• Excellent communication skills (written and verbal).

• Ability to manage a team effectively.

• High attention to detail and ability to work with large volumes of data.

• Strong planning, organising, and control abilities.

• Ability to work independently and under pressure, with strict deadlines.

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