Group Inventory Controller (Permanent) – Johannesburg

Group Inventory Controller (Permanent) – Johannesburg

Salary: up to R763,922.00 pa (Based on experience)

Minimum Requirements and Experience:

·         Matric (Grade 12) qualification

·         National Diploma in:

o   Financial Accounting or equivalent NQF Level 6 Qualification

·         5 years’ experience in Inventory Management

·         Proven knowledge, experience, interpretation and application of accrual accounting and GRAP/IFRS standards

·         Knowledge of Public Finance Management Act (PFMA) and Treasury regulations

·         Experience with ERP systems (Oracle preferable)

·         Knowledge of Relevant legislation

·         Knowledge of Procurement related matters

·         Advisory – Public Finance Management Act (PFMA)

·         Aptitude for numbers

·         Leadership & supervisory skills

·         Ability to work with senior managers.

Key performance areas:

·         Ensure accurate recording of inventory transactions in the inventory system and General Ledger.

·         Perform regular reconciliations between the Inventory Module and the General Ledger.

·         Analyse inventory movements and investigate discrepancies with regions.

·         Ensure timely capturing, approval, and posting of expense store journals.

·         Ensure compliance with The Company inventory policies, GRAP standards, PFMA, and Treasury Regulations.

·         Prepare inventory audit files and supporting documentation.

·         Liaise with internal and external auditors on inventory related matters and address audit queries.

·         Implement and monitor cyclical and annual physical stock counts across regions.

·         Ensure stock counts are conducted in accordance with approved policies and procedures.

·         Implement procedures to manage and minimise inventory losses and wastage.

·         Monitor expiring and obsolete stock and communicate timeously with regions.

·         Advise regions on optimal stock levels and replenishment timing.

·         Prepare inventory waste and expiry reports for relevant committees.

·         Provide support to regions on inventory system and process queries.

·         Identify opportunities to strengthen internal controls and support inventory training initiatives.

·         Ensure ISO 9001 compliance in inventory processes.

·         Maintain complete, accurate, and auditable inventory records.

·         Create and manage electronic databases for inventory reporting and year end purposes.

·         Ensure inventory information is easily retrievable and audit ready.

NB: Should you not be contacted within 2 weeks of your application, please consider it as unsuccessful