Job Description
Finance & Accounting
Reports To
Accounting Manager
Job Purpose
The Inventory and Cost Controller is responsible for monitoring inventory movements, ensuring accurate recording of stock transactions, and supporting the financial control of production costs.
The role acts as the financial link between the Finance Department, Production, and Warehouse operations.
Key Responsibilities
Inventory Monitoring
Monitor inventory movements across warehouses and production lines
Ensure proper recording of all stock transactions
Track material consumption and production usage
Inventory Accounting
Record inventory-related accounting entries
Ensure accurate inventory valuation in the accounting records
Maintain alignment between physical stock and accounting records
Stock Reconciliation
Perform periodic reconciliation between physical inventory and system records
Investigate inventory discrepancies
Support stock counting activities and ensure proper documentation
Production Cost Monitoring
Monitor material usage in production
Analyze production cost components when required
Identify unusual consumption patterns or operational variances
Documentation & Control
Ensure all inventory movements are supported by proper documentation
Verify compliance with warehouse and inventory procedures
Maintain organized records of inventory transactions
Coordination
Coordinate with warehouse team on stock movements and documentation
Work closely with production to monitor material consumption
Communicate relevant inventory information to the finance team
Required Qualifications
Bachelor's degree in Accounting, Finance, or related field
Not less than 7 years of experience in accounting, inventory control, or cost monitoring
Experience Working In Manufacturing Or Industrial Environments Is Preferred
Good understanding of inventory processes and documentation
Strong working knowledge of Microsoft Excel
Skills
Strong attention to detail
Analytical and problem-solving skills
Ability to work with operational teams
Organizational and documentation skills
Professional integrity and accountability
Key Performance Indicators (KPIs)
Accuracy of inventory records
Timeliness of stock reconciliations
Quality of inventory documentation
Identification and resolution of inventory discrepancies
