Inventory Accountant

Synergy Project Management LLC; Dubai; On-site; AED 112,000 - 201,000; Full time

Job summary

Synergy Project Management LLC is seeking a detail-oriented Inventory Accountant to manage inventory-related accounting activities across the business. The role involves maintaining accurate records, reconciling stock movements, analyzing variances, and ensuring compliance with financial procedures.

You will collaborate with warehouse, purchasing, procurement, finance, and operations teams to support effective inventory control and reporting.

Qualifications

• Bachelor's degree in Accounting or Finance or related field.
• 2–5 years of experience in inventory accounting, stock control, or cost accounting.
• Experience in retail/FMCG/manufacturing or distribution environments is highly desirable.

Responsibilities

• Maintain accurate inventory accounting records and ensure proper stock valuation.
• Perform regular inventory reconciliations between physical stock and accounting systems.
• Investigate inventory discrepancies, variances and stock adjustments.

Skills

Inventory forecasting

Cycle counts

Warehouse coordination

Inventory reporting

Operational efficiencies

High-volume stock management

Education

Bachelor's degree in Accounting/Finance

Tools

Odoo

SAP

Oracle

Excel

Job description

We are seeking a detail-oriented and analytical strong Inventory Accountant strong to manage and monitor inventory-related accounting activities across the business . The successful candidate will be responsible for maintaining accurate inventory records reconciling stock movements analysing variances and ensuring compliance with financial and operational procedures . This role works closely with warehouse purchasing procurement finance and operations teams to support effective inventory control and reporting.

Key Responsibilities

• Maintain accurate inventory accounting records and ensure proper stock valuation
• Perform regular inventory reconciliations between physical stock and accounting systems
• Investigate inventory discrepancies variances and stock adjustments
• Monitor inventory costs landed costs and cost of goods sold COGS
• Monitor stock movements adjustments and inventory transfers
• Assist with month-end and year-end closing processes related to inventory
• Prepare inventory reports analysis and financial summaries for management
• Support stock counts cycle counts and annual audits
• Work closely with purchasing warehouse and operations teams to improve inventory accuracy and stock control processes
• Track slow-moving obsolete or damaged stock and recommend corrective actions
• Ensure compliance with accounting standards and internal control procedures
• Assist in developing and improving inventory management and reporting processes
• Maintain accurate documentation for inventory transactions and adjustments
• Support ERP and accounting system updates and inventory-related process improvements

Preferred Skills

• Knowledge of inventory forecasting and supply chain operations
• Familiarity with inventory audits cycle counts and warehouse coordination processes
• Experience improving inventory reporting workflows and operational efficiencies
• Bachelor s degree in Accounting, Finance, or a related field. 2 5 years of experience in inventory accounting, stock control, or cost accounting.
• Experience working in retail, FMCG, manufacturing, or distribution environments is highly desirable.
• Strong understanding of inventory management principles, accounting procedures, and stock valuation.
• Strong understanding of inventory systems and ERP software.
• Experience using ERP or accounting systems such as Odoo, SAP, Oracle, or similar platforms.
• Advanced Microsoft Excel skills.
• Strong analytical, reconciliation, and problem-solving abilities.
• High attention to detail and ability to identify inconsistencies.
• Experience working with high-volume stock environments.
• Good communication and organisational skills.
• Ability to work independently and manage deadlines effectively.