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Accountant inventory

1.00 to 10.00 Years   Muscat, Oman   03 Aug, 2022
Job LocationMuscat, Oman
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

Purpose The Purpose of Accountant ? Inventory and Sales Accounting is to review and reconcile the daily sales transactions of all shops to ensure all tender types and items are posted and tallied with DYNAMICS 365. B. Role Accountabilities1.Creating new item code in Dynamics 365 and update all the necessary information e.g supplier, barcode, product category and retail price.2.Ensuring that the shops sales/salesman agree completely with Dynamics 365 remittance on daily basis.3.Ensure that all cash posted in B2B is posted in Dynamics also and the amount has been remitted to cashier.

  1. Reconciliation of shop sales. Manual sales posting (if needed).
  2. Conduct proper physical full stock count audit in All Locations (Shops and warehouse) on both scheduled and surprise basis as per the inventory count procedure.
  3. Monitoring and applying the price protection received from Supplier in DYNAMICS 365.
  4. Reconciliation of Nojoom redemption and earnings. All sales differences will be coordinated to shops and cashier.
  5. Reconciliation of Gift Voucher issuance and redemption. All differences will be coordinated to shops and cashier.
  6. Monitoring and keeping track of all goods receipt and transfer order (in and out of stock) in Microsoft DYNAMICS 365.
  7. Monitoring of all sales price, discounted price and free gift items posted by the shops.
11.Coordinating with the Shop in-charge/ sales men to settle their sales discrepancies.12.Correction of IMEI in Microsoft DYNAMICS 365 in case if the items are wrongly scanned by warehouse.13.Checking and retrieving the e-voucher PIN.14.Updating the retail price in Microsoft DYNAMICS 365 and inform Sales, Procurement and Customer Care department.
  1. Handling physical stock count audit of shops and warehouse as instructed by the supervisor.
  2. Review and reconcile all the stock based on the result of physical count with the system inventory (MS DYNAMICS 365).
  3. Communicating with Sales Manager and Warehouse Supervisor to ensure that all discrepancies are reconciled.
  4. Monthly Journal Entries for Starlink Promotion and Provision for Supplier Promotion
19.Monitoring of company service unit provided to employees.20.Improve stock verification report.21.Provide HR with departmental information on attendance / Leaves.Business ImpactThis Role is very critical for the company?s operations as it involves controlling the company?s inventory in all locations and ensure valued stock reports being prepared are accurate at all time.Costs & ProfitabilityEffective monitoring and reconciliation of inventory movement in all locations.Ensure products are sold in the retail shops with their RRP only and in indirect channels with the approved price set by Sales & Marketing Director with the approval of CEO. Any deviation from this must be escalated to line manager.Problem Solving Following strictly a well-structured set of Inventory processes and internal controls to eliminate the repetition of most problems.Effectively solve issues related to inventory by proper co-ordination with sales, customer care and warehouse department.Planning & Organizing Maintain coordination of updated Pricelist and Inventory in all locations.Ensure reconciliation of sales and inventory in all location is conducted in timely manner to avoid discrepancies in later stages.Continuous development of inventory and sales reconciliation processes.Team working, Coaching/Development & Leadership 1.Working closely with the Sales, Customer Care and Warehouse departments in order to have a smooth and continuous inventory reconciliation process.2.Develop a disciplined communication to smooth the interaction between colleagues and other departments.Communicating, negotiating & influencing
  1. Coordinate with sales, Customer Care and warehouse departments to ensure all the stocks and sales are up to date and reconciled.
Decision MakingThis role is not directly involved in decision making in terms of business but is involved in decision making on day-to-day operation which will require approval of supervisor and the Financial Controller.ReportingThis role reports to the supervisor and Financial Controller

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