Job Description
Maintain General Ledger:

• Inventory accountants oversee every transaction and add it to the client’s general ledger. This includes customer transactions as well as the purchases made in the manufacturing process.

Regularly Generate and Analyze Inventory Reports:

• Inventory accountants use accounting software to pull regular reports on either a daily or weekly basis, depending on their employer’s preference.
• They analyze these inventory reports to make sure there are no discrepancies or variances.

Monitor Cost of Raw Materials and Production:

• Other accountants can’t determine the price and desired profit margins of products without the work of inventory accountants.
• They keep meticulous records of how much is spent acquiring raw materials and producing them into finished products.

Diagnose the Cause of Inventory Variance:

• When inventory accountants notice discrepancies, they become detectives determined to find the root cause of the issue.
• They are often the ones who uncover internal theft.

Lead Physical Inventory Counts for Clients:

• Publicly traded companies are required by law to conduct an inventory audit under the guidance of an inventory accountant at least once a year.
• Inventory accountants create a plan for each inventory audit and work with the client’s management team to implement said plan.

Create and Archive Monthly Journal Entries

• Inventory accountants use enterprise resource planning or data management software to create and archive monthly journal entries that provide a snapshot of all notable analyses that happened throughout the month.

Requirements

• Interested candidates should possess a BSc Degree / HND qualification
• 5 - 10 years of relevant work experience.

Salary

• N80,000 - N100,000 monthly.