Accounting Inventory

Mega SK Industrial Corporation; Bacoor; On-site; PHP 350,000 - 550,000; Full time

Job summary

Mega SK Industrial Corporation is seeking an Accounting Inventory professional to maintain accurate inventory records, ensure proper valuation, and support financial reporting for inventory transactions. You will collaborate with accounting, operations, and warehouse teams to uphold internal controls and accounting standards.

Responsibilities include leading physical counts, validating records, auditing transactions, and delivering root-ccause analyses with actionable improvements for operations

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2+ years of experience in accounting or inventory accounting (preferred).
• Strong knowledge of inventory accounting principles.
• Experience with ERP or accounting systems (e.g., QuickBooks).
• High attention to detail and accuracy.
• Ability to work collaboratively with operations and warehouse teams.

Responsibilities

• Conduct, lead, and supervise physical inventory counts and cycle counts across all warehouses.
• Audit inventory documentation and transactions to assess internal controls over inventory flow.
• Prepare detailed reports on discrepancies, variances, or control deficiencies; analyze root causes and recommend improvements to mitigate risks.

Skills

Attention to detail

Collaborative work

Inventory accounting

Education

Bachelor's degree in Accounting/Finance

Tools

QuickBooks

Job description

We are seeking an Accounting Inventory professional responsible for maintaining accurate inventory records, ensuring proper inventory valuation, and supporting financial reporting for inventory transactions. This role works closely with accounting, operations, and warehouse teams to ensure compliance with accounting standards and internal controls.

Key Responsibilities:

1. Inventory Verification and Physical Audits

• Conduct, lead, and supervise physical inventory counts and continuous cycle counting across all warehouses.
• Ensure that physical inventory quantities match perpetual records in both manual logs and QuickBooks, investigating and reporting any variances.
• Enforce proper counting procedures and critical inventory cut-off controls during all physical verification events.

2. Documentation and Control Verification

• Audit inventory documentation and transactions to assess the accuracy and effectiveness of internal controls over inventory flow.
• Review and verify proper authorization and documentation for all material inventory transactions.

3. Reporting and Root Cause Analysis

• Prepare detailed, objective reports on discrepancies, material variances, or control deficiencies identified during audits.
• Analyze the root causes of major inventory variances, transactional errors, and control failures.
• Present findings and recommend preventive actions and process improvements to operations and financial management to mitigate future risks and enhance accuracy.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field
• 2+ years of experience in accounting or inventory accounting (preferred)
• Strong knowledge of inventory accounting principles
• Experience with ERP or accounting systems (e.g., QuickBooks)
• High attention to detail and accuracy
• Ability to work collaboratively with operations and warehouse teams