Background

We are seeking a detail-oriented Ledger & Inventory Accountant to support financial reporting and inventory management within a fast-paced manufacturing environment. The successful candidate will ensure the accuracy of general ledger accounts, inventory records, production costing, and financial reporting while maintaining strong internal controls.

KEY RESPONSIBILITIES

1. GENERAL LEDGER MANAGEMENT

Maintain and reconcile the General Ledger.

Prepare and post journal entries and ensure timely month-end and year-end closing.

Investigate and resolve ledger discrepancies.

2. INVENTORY ACCOUNTING

Maintain inventory records for raw materials, WIP and finished goods.

Reconcile inventory movements and calculate valuations.

Prepare monthly inventory valuation reports and account for write-offs, shortages and obsolete stock.

3. INVENTORY CONTROLS

Participate in stock counts and coordinate cycle counts.

Investigate variances and recommend corrective actions.

Ensure compliance with inventory policies and verify adjustments before posting.

4. PRODUCTION ACCOUNTING

Capture production reports and account for material consumption.

Reconcile production outputs against material usage.

Monitor losses and wastage and prepare variance reports.

5. COST ACCOUNTING

Calculate manufacturing costs and analyse variances.

Support pricing decisions and cost reviews.

6. FINANCIAL REPORTING

Prepare inventory reports, reconciliation schedules and management accounts.

Produce inventory turnover and COGS analysis.

Support preparation of annual financial statements.

7. INTERNAL CONTROLS

Ensure compliance with policies and maintain segregation of duties.

Authorize and safeguard inventory movements and adjustments.

Support internal and external audits and implement recommendations.

8. BUDGETING

Assist in annual production budgets and inventory forecasts.

Monitor inventory levels against budget and analyse variances.

Recommend cost-saving initiatives.

9. COMPLIANCE

Ensure compliance with IFRS and applicable accounting standards.

Support statutory audits and ensure compliance with MRA requirements.

Maintain proper records and ensure document retention.

REQUIREMENTS

Bachelor's Degree in Accounting, Finance or related field.

ACCA, CIMA or CA qualification or active professional studies will be an added advantage.

Minimum 3 years' experience in manufacturing, inventory or cost accounting.

Experience using accounting or ERP software.

Strong Microsoft Excel skills.

Strong analytical, numerical and problem-solving abilities.

High integrity with excellent attention to detail.

IDEAL CANDIDATE

Strong understanding of inventory and cost accounting.

Experience within a manufacturing environment.

Excellent planning and organisational skills.

Ability to work under pressure and meet deadlines.

Team player with strong communication skills.

Proactive, reliable and solution-oriented.

• Maintain and reconcile the General Ledger.
• Prepare and post journal entries and ensure timely month-end and year-end closing.
• Investigate and resolve ledger discrepancies.
• Maintain inventory records for raw materials, WIP and finished goods.
• Reconcile inventory movements and calculate valuations.
• Prepare monthly inventory valuation reports and account for write-offs, shortages and obsolete stock.
• Participate in stock counts and coordinate cycle counts.
• Investigate variances and recommend corrective actions.
• Ensure compliance with inventory policies and verify adjustments before posting.
• Capture production reports and account for material consumption.
• Reconcile production outputs against material usage.
• Monitor losses and wastage and prepare variance reports.
• Calculate manufacturing costs and analyse variances.
• Support pricing decisions and cost reviews.
• Prepare inventory reports, reconciliation schedules and management accounts.
• Produce inventory turnover and COGS analysis.
• Support preparation of annual financial statements.
• Ensure compliance with policies and maintain segregation of duties.
• Authorize and safeguard inventory movements and adjustments.
• Support internal and external audits and implement recommendations.
• Assist in annual production budgets and inventory forecasts.
• Monitor inventory levels against budget and analyse variances.
• Recommend cost-saving initiatives.
• Ensure compliance with IFRS and applicable accounting standards.
• Support statutory audits and ensure compliance with MRA requirements.
• Maintain proper records and ensure document retention.

• Microsoft Excel
• analytical
• numerical
• problem-solving
• attention to detail
• inventory accounting
• cost accounting
• planning
• organisational skills
• communication skills

• Bachelor's Degree in Accounting, Finance or related field.
• ACCA, CIMA or CA qualification or active professional studies will be an added advantage.
• Experience using accounting or ERP software.