Inventory Specialist

ANBROS INDUSTRIES (S) PTE LTD; Singapore; On-site; SGD 45,000 - 60,000; Full time

Job summary

A leading company in Singapore is seeking an Inventory Management Specialist to oversee inventory reconciliation, reporting, and optimization. The ideal candidate will have strong analytical skills, proficiency in MS Excel, and a diploma or degree in Accounting. This role involves collaboration with finance and warehouse teams to enhance inventory management processes and support audits.

Qualifications

• Prior experience in inventory management and financial reporting.
• Ability to thrive in a fast-paced and dynamic work environment.

Responsibilities

• Perform monthly inventory reconciliation and costing.
• Prepare inventory reports and drive improvement initiatives.
• Ensure accurate reporting of inventory aging.

Skills

Numerical Sense

Data Analysis

Problem Solving

Communication

Stakeholder Management

Education

Diploma/Degree in Accounting

Tools

MS Excel

Job description

• Perform monthly inventory reconciliation between Accounting System and Warehouse inventory records.

• Perform monthly inventory costing reconciliation between Accounting System and Management Accounts

• Prepare daily, weekly, and monthly inventory reports, summarizing stock levels, movements, and any issues

• Drive continuous improvement initiatives for inventory planning and management.

• Review stock movement to minimise stock holding period

• Conducting periodic inventory stock check and identify reasons for differences

Inventory maintenance and forecasting:

• Assist in forecasting stock requirements

• Provide inputs to maintain optimum inventory levels for stock optimization.

• Ensure accurate and timely reporting of inventory aging.

Policies and Processes:

• Adherence to inventory management policies and provide recommendations to enhance the policies and processes

Coordination with Vendors, Finance and Warehouse Teams for inventory management:

• Ensure seamless coordination between warehouse and finance teams

• Oversee inventory discrepancies linked to supplier delivery, purchase order accuracy against received goods received and invoiced.

Audit Support:

• Provide audit support for inventory valuations, reconciliations, and control processes.

Requirement:

i) Strong numerical sense

ii) Proficiency in MS Excel

iii) Diploma/Degree in Accounting

iv) Strong data analysis and problem-solving skills

v) Excellent communication and stakeholder management skill

vi) Ability to thrive in a fast-paced and dynamic work environment

vii) Prior experience of inventory management and financial reporting