Stock Accountant - Victoria Island, Nigeria - Kloverharris Limited

Description

Job Summary
TheStock Accountant plays a vital role in ensuring the accuracy and efficiency of inventory management within a construction company. You will be responsible for overseeing all aspects of stock control, from procurement and receiving to tracking, valuation, and reporting. This role requires a strong understanding of accounting principles and construction inventory specifics.

Responsibilities

• Manage the entire inventory lifecycle, including procurement, receiving, storage, issuance, and disposal of construction materials and supplies.
• Collaborate with the procurement team to ensure timely acquisition of materials at competitive prices.
• Maintain accurate and detailed inventory records using a computerized inventory management system.
• Conduct regular cycle counts and reconcile physical inventory with system records to identify and resolve discrepancies.
• Manage stock valuation using appropriate costing methods e.g., FIFO, LIFO, average cost.
• Generate comprehensive inventory reports for management, including stock levels, usage trends, and cost analysis.
• Identify and implement strategies to minimize stock waste, obsolescence, and shrinkage.
• Oversee stock control procedures and ensure compliance with internal control policies.
• Work collaboratively with project managers and site crews to ensure efficient material delivery and usage on construction projects.
• May participate in the preparation of cost estimates and budgets for construction projects.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 3-5 years of experience in a senior inventory accounting role, preferably within the construction industry.
• Proven experience in managing and controlling construction inventory.
• Strong understanding of accounting principles and inventory costing methods FIFO, LIFO, average cost.
• Proficiency in accounting software and inventory management systems.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills to collaborate effectively with various departments.

Additional Skills Beneficial

• Experience with construction project accounting.
• Knowledge of construction materials and their applications.
• Understanding of construction industry regulations.
• Proficiency in data analysis tools e.g., Excel.

Benefits:

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and fast-paced industry.
• Make a significant contribution to the success of construction projects.