Finance Stock Officer

Work-Force

Main Purpose: The Finance Stock Officer is responsible for ensuring the integrity and accuracy of inventory control activities. This includes executing measures to reconcile stock discrepancies, developing inventory management strategies, and maintaining accurate records in relation to the ERP system.

Responsibilities:

  1. Stock Integrity and Accuracy:
    • Identify discrepancies between floor stock and the ERP system, providing feedback to the Finance Stock Controller (FSC) to address issues.
    • Conduct reviews to ensure accuracy of stock receipted for purchase orders (POs), transfer orders (TOs), and sales orders (PSIs) against the respective documents.
  2. Inventory Management Strategy:
    • Develop and implement strategies for inventory management to control costs, generate savings, rationalize inventory, and maximize working capital.
    • Ensure adherence to budgetary limits and financial controls.
  3. Stock Reviews:
    • Perform accuracy reviews of stock receipted for purchase orders and transfer orders.
    • Verify the accuracy of stock picked for sales orders and ensure compliance with the available tax invoices.
  4. Cycle and Stock Counts:
    • Conduct accurate cycle counts as per the monthly and/or daily schedule prepared by the Finance Stock Controller.
    • Perform ad hoc stock counts as identified by the Finance Stock Controller using scanning technology.
  5. Daily Procedures:
    • Oversee daily driver debriefing to ensure all Proof of Deliveries (PODs), pre-approved Sales Return Orders (SROs), and Goods Received Note (GRN) slips are received.
    • Provide feedback and update the Credit Note and POD department on daily inaccuracies, findings, and variances.
  6. Month-End Procedures:
    • Complete month-end procedures, ensuring the credit cage is cleared and all inventory activities are finalized before closing the inventory period.

Requirements:

  • Education:
    • Grade 12 or equivalent.
    • Relevant tertiary qualification in supply chain, warehousing, logistics, stock control, or a related field.
  • Experience:
    • Experience performing internal audit reviews.
    • Proficiency in ERP systems, specifically Business Central.

Skills and Competencies:

  • Attention to Detail: Ensures accuracy and integrity in all inventory and stock control activities.
  • Analytical Skills: Ability to identify and address discrepancies and variances effectively.
  • Organizational Skills: Manages and prioritizes tasks efficiently, ensuring timely completion of cycle and stock counts.
  • Communication: Provides clear feedback and updates to relevant departments on inventory-related matters.
  • Technical Proficiency: Skilled in using ERP systems and scanning technology for stock management.

Application Process: If you have a strong background in inventory control, ERP systems, and internal audits, and are committed to maintaining high standards of stock accuracy, we encourage you to apply for this position.

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