Job Description
Location: Umhlanga, Durban
Employment Type: Permanent
My client, an established multinational business is seeking a skilled Financial Stock Accountant to join its finance team in Umhlanga.
The successful candidate will be responsible for the accurate financial accounting, reconciliation, valuation and reporting of stock-related transactions within a high-volume trading environment.
This is a hands-on role requiring strong technical accounting knowledge, excellent analytical skills and the ability to manage significant stock movements, supplier payments and month-end reporting activities.
Ideal candidates should come from a stock-intensive industry, including FMCG, food manufacturing, chemicals, mining, logistics, wholesale and distribution.
Responsibilities
-
Perform daily, weekly and monthly stock reconciliations across multiple sites, warehouses and product categories.
-
Investigate and resolve discrepancies between operational systems, ERP records and financial ledgers.
-
Maintain accurate stock ledgers and ensure the integrity of all stock movements.
-
Prepare and process supplier payments
-
Verify contract pricing, quality grading, volumes and delivery documentation before payment approval.
-
Reconcile supplier accounts and resolve stock-related billing disputes.
-
Manage stock-related financing arrangements with banking partners, including reporting, reconciliations and facility monitoring.
-
Perform month-end stock valuations and prepare relevant journals, accruals, provisions and adjustments.
-
Prepare stock-related management reports, variance analysis and gross margin reporting.
-
Ensure compliance with IFRS, VAT legislation and internal financial controls.
-
Support external audits and year-end stock counts.
-
Identify opportunities to improve accounting processes, ERP functionality and automation.
Requirements
-
Relevant financial or accounting qualification.
-
Completed SAICA or SAIPA articles (essential).
-
Approximately 3-5 years of relevant post-articles accounting experience.
-
Strong practical experience in stock accounting, inventory reconciliations and stock valuations.
-
Experience working in a high-volume, stock-intensive environment.
-
Good knowledge of IFRS and VAT, including import/export transactions and zero-rating.
-
Advanced Excel skills.
-
Strong analytical, problem-solving and reconciliation abilities.
-
Excellent communication and stakeholder engagement skills.
-
Ability to work independently, manage competing deadlines and perform under pressure.
should you meet the required skills please respond to this advert
