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Accountant - Inventory Accounting
About this role
Sayed Farms Limited is seeking an Accountant focused on inventory accounting. The role targets someone with extensive experience in inventory valuation, cost accounting, stock reconciliation and internal controls within an inventory-intensive environment. The successful candidate will manage inventory accounting processes, support accurate financial reporting, investigate variances, and collaborate with several internal teams to strengthen controls. The employer operates in the poultry and frozen foods distribution sector with branches in Ibadan and Abuja and a head office in Lebanon. The job is based in Oyo, Nigeria.
What you would do
- Oversee inventory accounting for all stock items including raw materials, packaging, finished goods and spare parts.
- Review inventory valuation, costing, stock adjustments and provisions for accuracy.
- Lead physical stock counts and reconcile balances with accounting records.
- Review stock transactions for proper documentation and authorisation.
- Analyse inventory variances, wastage, obsolete stock and slow-moving items.
- Prepare inventory reports, reconciliation statements and cost analyses for management.
- Collaborate with Stores, Warehouse, Procurement, Production and Internal Audit to strengthen controls.
- Support internal and external audits and recommend improvements to inventory accounting processes.
What they are asking for
- HND or Bachelor's degree in Accounting or Finance.
- Minimum of 7 years of relevant accounting experience, with specialised inventory accounting experience.
- ICAN or ACCA qualification is an advantage.
- Strong knowledge of inventory valuation, cost accounting and stock reconciliation.
- Experience in manufacturing, FMCG, feedmill or other inventory-heavy industries preferred.
- Proficiency in Microsoft Excel and accounting software/ERP systems.
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