Stock Accountant Job-September 2015


Stock Accountant
Location: Nairobi

Category: Stock Accountant

Work Type: Full Time

Salary: 65,000ksh- 75,000ksh

Description: The Stock Accountant is responsible for ensuring accurate and efficient management of stocks in the system.
Details: Age: 29 – 35 Years

Reporting: Reporting to the finance manager

Reporting Date: immediately is preferred, at most within a month

Academic & Professional Qualifications

  • Minimum of Bachelor’s degree in Business/Accounting/Finance or related field is added advantages.
  • CPA K
  • Experience (Years)
  • Minimum 3 years.
  • Work Experience (Specifications)
  • At least three years accounting experience in retail Environment will be added advantage.
  • Specific experience in stock accounting and management is mandatory.

Overall Responsibility:

  • The Stock Accountant is responsible for ensuring accurate and efficient management of stocks in the system, with correct stock entries which are updated in a timely manner.
  • He/she will ensure that stock control procedures are in place and adhered to in order to safe guard Company stocks.

Duties & Responsibilities:

  • The Stock Accountant is the custodian of stock records/balances, responsible for physical verification, regular reconciliations and general monitoring of stock activity;
  • Assist in developing and implementing inventory policies and procedures;
  • Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant stakeholders;
  • Facilitate and participate in monthly and annual stock counts;
  • Perform monthly stock reconciliations of physical counts against the RMS for all categories of inventory and highlight variances to the management;
  • Report shortfalls and surplus inventory, weekly and monthly for replenishment;
  • Ensure that goods received by warehouse are matched with the actual invoices from the suppliers;
  • Reconcile stock deliveries with purchase orders and or agreed contract terms, and raise non-conformity reports where applicable;
  • Ensure that goods dispatched to the branches are matched with the actual invoices issued to the branches;
  • Coordinate with warehouse team to implement and ensure a control system to reduce damage, breakage and inventory obsolescence;
  • Support accurate and timely financial reporting through ensuring all stock data is updated correctly;
  • Manage the monthly financial close process for all categories of stock;
  • Ensure proper records and classification in terms of cost and quantity of all inventory items; both dispatches & supplies’ receipts;
  • Ensure stock ledger entries are properly coded and classified;
  • Carry out spot checks on stock balances in the warehouse as against the records (RMS) to capture any anomalies;
  • Assist the finance manager in ad-hoc relevant projects.


  • Computer literate.
  • Good understanding of stock-related operational and control requirements;
  • Strong analytical and problem solving skills;
  • Team player with good communication skills;
  • Ability to work with minimal supervision; and Person of high integrity and with self-discipline

How to Apply

If you qualify for the above post kindly send applications to [email protected] before 9th September 2015