Description:

Job Purpose

The Stores Accountant will be responsible for tracking and managing the company’s inventory. The Stores Accountant will work with other members of the accounting team to ensure that inventory levels are accurate, that inventory is properly accounted for, and that inventory costs are minimized. Ensuring that all accounts payable written procedures are accurate and correct and updated as needed.

Summary of Key Responsibilities:

Reconciliation of head office top up account on daily basis and monthly basis and maintaining a register all reconciling items on daily basis.
Reconciliation of station top ups on daily basis and maintaining a register all reconciling items on daily basis.
Track and  manage the company’s inventory. This includes maintaining inventory records, conducting physical inventory counts, and reconciling inventory records to physical counts.
Ensure that inventory levels are accurate. This includes identifying and correcting inventory errors, and recommending inventory levels based on sales forecasts and demand.
Properly account for inventory. This includes ensuring that inventory is properly classified and valued, and that inventory transactions are recorded in accordance with generally accepted accounting principles (GAAP).
Minimize inventory costs. This includes identifying and implementing cost-saving measures, such as vendor consolidation and inventory optimization.
Reconciling card transactions against Oracle, identify, communicate and follow up to ensure correct interface of transactions from Card to Oracle.
Review of prepaid accounts receivables and ensure they are always on credit and investigating any anomalies.
Review of post-paid accounts and ensuring there is no credit exposure and that the customers are operating within security/approved limits.
Analyse revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis.
Prepare monthly account reconciliations Maintaining and reconciling fixed assets schedules.
Make sure that the business complies with the regular and periodic tax payments, reporting information and fulfilling any other requirements of ZRA.
Collaborate with purchasing and warehouse department
Assist in month-end and year-end closing processes
Monitor and report on slow-moving and obsolete inventory items
Develop and implement inventory control procedures
Review and process inventory adjustments
Provide support during financial audits
Evaluate and recommend improvements to inventory management systems
Work closely with the Purchasing department and vendors to obtain correct vendor information for both existing and new vendors.
Career guides Zambia

Required Skills & Attributes

Strong communication skills
Strong analytical and problem-solving skills
Experience with ERP systems
Advanced Excel skills
Excellent organizational abilities
Attention to detail
Strong numerical aptitude and analytical mindset
Excellent organizational and multitasking abilities
Good teamwork skills
Attention to detail and high level of accuracy
Ability to work independently and meet strict deadlines
Primary Areas of Accountability:

Qualifications and Experience

Full CA Zambia, ACCA or CIMA
Must have a minimum of 4+ years’ work experience in Inventory or Stores Accounting
Proven exposure to Oracle or SAGE is preferred
Must have proven experience in Stock Accounting within the manufacturing  or agriculture sector
Prove knowledge of supply chain and logistics principles will be a plus

Experience with Microsoft Excel or related software
Proficiency in accounting software and inventory management systems
Must be conversant with spread sheets
Must be a member of ZICA.