Accountant - Inventory Accounting

About this role

Sayed Farms Limited is hiring an experienced Accountant focused on inventory accounting. The role involves overseeing inventory valuation, cost accounting, stock reconciliation, and internal controls to ensure accurate financial reporting. The position is based in Ibadan and targets candidates with strong inventory accounting expertise, preferably from manufacturing or FMCG environments. The employer operates in the poultry sector and frozen foods distribution in Nigeria, with a focus on process improvement and audit support.

What you would do

• Analyse inventory variances, wastage, obsolete stock, and slow-moving items.
• Collaborate with Stores, Warehouse, Procurement, Production, and Internal Audit teams to strengthen controls.
• Lead physical stock counts and reconcile balances with accounting records.
• Prepare inventory reports, reconciliation statements, cost analyses, and management reports.
• Support internal and external audits and recommend process improvements to inventory accounting.
• Oversee inventory accounting for raw materials, packaging, finished goods, spare parts, and other stock items.
• Review inventory valuation, costing, stock adjustments, and provisions for accuracy.
• Review stock transactions and ensure proper documentation and authorisation.

What they are asking for

• Experience in manufacturing, FMCG, feedmill, or other inventory‑intensive industries preferred.
• Proficiency in Microsoft Excel and accounting software/ERP systems.
• HND or Bachelor’s degree in Accounting or Finance.
• ICAN or ACCA qualification is an advantage.
• Minimum of 7 years of relevant accounting experience with specialised inventory accounting experience.
• Strong knowledge of inventory valuation, cost accounting, and stock reconciliation.

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