Group Inventory Controller (Permanent) – Johannesburg
Salary: up to R763,922.00 pa (Based on experience)
Minimum Requirements and Experience:
- Matric (Grade 12) qualification
- National Diploma in:
- Financial Accounting or equivalent NQF Level 6 Qualification
- 5 years’ experience in Inventory Management
- Proven knowledge, experience, interpretation and application of accrual accounting and GRAP/IFRS standards
- Knowledge of Public Finance Management Act (PFMA) and Treasury regulations
- Experience with ERP systems (Oracle preferable)
- Knowledge of Relevant legislation
- Knowledge of Procurement related matters
- Advisory – Public Finance Management Act (PFMA)
- Aptitude for numbers
- Leadership & supervisory skills
- Ability to work with senior managers.
Key performance areas:
- Ensure accurate recording of inventory transactions in the inventory system and General Ledger.
- Perform regular reconciliations between the Inventory Module and the General Ledger.
- Analyse inventory movements and investigate discrepancies with regions.
- Ensure timely capturing, approval, and posting of expense store journals.
- Ensure compliance with The Company inventory policies, GRAP standards, PFMA, and Treasury Regulations.
- Prepare inventory audit files and supporting documentation.
- Liaise with internal and external auditors on inventory related matters and address audit queries.
- Implement and monitor cyclical and annual physical stock counts across regions.
- Ensure stock counts are conducted in accordance with approved policies and procedures.
- Implement procedures to manage and minimise inventory losses and wastage.
- Monitor expiring and obsolete stock and communicate timeously with regions.
- Advise regions on optimal stock levels and replenishment timing.
- Prepare inventory waste and expiry reports for relevant committees.
- Provide support to regions on inventory system and process queries.
- Identify opportunities to strengthen internal controls and support inventory training initiatives.
- Ensure ISO 9001 compliance in inventory processes.
- Maintain complete, accurate, and auditable inventory records.
- Create and manage electronic databases for inventory reporting and year end purposes.
- Ensure inventory information is easily retrievable and audit ready.
NB: Should you not be contacted within 2 weeks of your application, please consider it as unsuccessful