Stock accountant

Website Romina PLC

Company Name: Romina PLC

Posted Date: 2023-11-15

Deadline: 2023-11-29

Job Type: Full time

Salary: As per the company scale

#Accounting and Finance, Inventory and Stock, Warehouse, Supply Chain and Distribution

Job Description

Stock accountants have a wide range of responsibilities, which can include:

  • Reviewing sales/purchase orders for accuracy and ensuring that they have been approved by the appropriate department head or manager,
  • Calculating cost of goods sold by using methods such as first in first out (FIFO) or last in first out (LIFO),
  • Calculating inventory turnover ratios by dividing costs of goods sold by average inventory balances,
  • Monitoring inventory levels to ensure they are within acceptable ranges,
  • Ensuring that all inventory transaction details are recorded accurately in an accounting system,
  • Reporting on inventory levels, costs, and turnover rates to management,
  • Calculating cost of goods sold by using methods such as average cost, FIFO, LIFO, or average market price,
  • Verifying inventory counts and recording adjustments to inventory levels for items that have been used, damaged, or lost,
  • Determining methods for recording inventory transactions such as physical counts, perpetual systems, or estimates based on previous usage rate.

Job Requirements

BA in Accounting, Business Administration, Purchase and Supplies Management

Required Skills

– Accounting skills

– Data analysis

– Problem solving

– Attention to detail and accuracy

– Communication skills

How to Apply

Apply via email or in person at Romina PLC head office located at Atlas Noah Diplomats Residence Building floor no.13.