Inventory Accounting/Auditor

Westfair Marketing, Inc.; Quezon City; On-site; PHP 450,000 - 560,000; Full time

Job summary

Westfair Marketing, Inc. is seeking a dedicated Inventory Accounting/Auditor for a full-time role at our South Triangle office in Quezon City, Metro Manila.

You will safeguard inventory records and fixed assets, ensure compliance with accounting standards, and support financial reporting with accurate data. The ideal candidate holds a Bachelor's degree in accounting or finance, 3–5 years in inventory/asset auditing, and strong Excel skills.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3–5 years in inventory accounting, fixed assets, or internal audit.
• Knowledge of FIFO, LIFO, and weighted average valuation methods.
• Attention to detail and strong analytical skills for audit findings.

Responsibilities

• Conduct regular inventory audits and reconciliations.
• Review fixed asset registers and perform physical verifications.
• Investigate discrepancies and document corrective actions.
• Prepare audit reports on inventory and fixed assets valuations.
• Support financial statements with inventory and asset data.
• Collaborate with warehouse and operations to strengthen internal controls.
• Monitor inventory movement and asset disposal procedures.

Skills

Attention to detail

Analytical skills

Audit reports

Excel

Communication skills

Independent work

Teamwork

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Job description

About the role

Westfair Marketing, Inc. is seeking a dedicated Inventory Accounting/Auditor to join our team on a full-time basis at our office located in South Triangle, Quezon City, Metro Manila. This role is pivotal to our financial operations, ensuring the accuracy and integrity of our inventory records and fixed assets management. As Inventory Accounting/Auditor, you will play a crucial part in maintaining compliance with accounting standards, supporting our financial reporting processes, and providing strategic insights into our asset management practices. This position offers an excellent opportunity to develop your expertise in inventory control and fixed asset accounting within a dynamic marketing and business environment.

Key responsibilities

• Conduct regular inventory audits and reconciliations to ensure accuracy and completeness of inventory records across all locations

• Perform detailed reviews of fixed asset registers and conduct physical verifications to confirm asset existence and condition

• Identify and investigate discrepancies between recorded inventory and physical counts, documenting findings and recommending corrective actions

• Prepare comprehensive audit reports detailing inventory and fixed asset valuations, obsolescence assessments, and compliance observations

• Monitor inventory movement, including receiving, storage, and disposal procedures, to maintain control and prevent losses

• Review and validate fixed asset additions, disposals, depreciation calculations, and reclassifications for accuracy and proper authorization

• Collaborate with warehouse and operations teams to implement inventory management best practices and strengthen internal controls

• Support the preparation of financial statements by providing accurate inventory valuation and fixed asset data

What we're looking for

• Bachelor's degree in Accounting, Finance, or a related field

• Minimum of 3-5 years of professional experience in inventory accounting, fixed asset management, or internal audit functions

• Strong knowledge of inventory valuation methods (FIFO, LIFO, weighted average) and fixed asset accounting principles

• Excellent attention to detail and analytical skills to identify discrepancies and assess audit findings

• Demonstrated ability to conduct physical inventories and fixed asset verifications independently

• Strong written and verbal communication skills, with the ability to prepare clear and concise audit reports

• Proficiency in Microsoft Excel and other data analysis tools

• Ability to work independently and as part of a team in a fast-paced environment

• Preferred: Previous experience in the marketing, FMCG, or retail industry