Finance and Inventory Officer at Powerex

Job Summary

• As the Finance and Inventory Officer, you will be responsible for ensuring efficient and accurate accounting functions and inventory control processes.
• Your role will include supporting the finance department in achieving its financial objectives.

Key Responsibilities

• Account receivable and payable
• Maintaining all financial records for the organization through proper documentation and producing accounting reports
• Timely posting of all financial transactions in the accounting software
• Review all payment requests and vouchers and ensure that payments are made according to the company policies.
• Account balance management and financial disbursements
• Ensure monthly bank reconciliation of all bank accounts regularly.
• Conduct monthly bank reconciliation exercises.
• Keep records of purchases, suppliers, sales, and customers.
• Ensure that suppliers are paid as at when due and reconcile their account regularly.
• Conduct regular audits to reconcile physical inventory with recorded stock levels.
• Inventory management and stock reconciliation
• Inventory reporting
• Assist with audit preparation
• Assist with bank reconciliations, petty cash management, voucher compilation
• Ensure that VAT and Taxes are cleared promptly.
• Resolve payment issues and follow up with payments and bill submission.
• Posting of retirement of advances and ensuring that cash advances are retired on time in line with thecompany’s policies.
• Identify and resolve invoicing issues, accounting discrepancies and other financial-related issues.
• All other duties as assigned

Key Skills

• Working knowledge of accounting software and accounting principles
• Ability to work under pressure
• Good organisational skills
• Problem-solving skills
• Integrity
• Ability to manage inventory efficiently.
• Ability to multi-task and time-management skills
• Must be able to maintain strict confidentiality
• Good interpersonal skills.
• Exceptional data management skills.
• Have strong Microsoft Office skills, especially in Excel.
• Strong analytical skills with attention to detail.
• Good time management skills and the ability to prioritise
• Ability to keep confidential information
• Ability to work and deliver within deadline without supervision
• Proven ability to calculate, post and manage financial records
• High level of accuracy
• Maintain accurate records of all stock movements, including receiving, storing, and dispatching products.
• Track inventory levels across multiple locations and with delivery agents.
• Monitor stock levels to ensure that minimum stock levels are maintained and flag when reordering is needed.
• Ensure timely stock replenishment and accurate inventory counts.