Job Description
About the Role
We are seeking an experienced and detail-oriented Inventory Cost Controller to join our team at Empire Recruitment. As a key member of our operations team, you will be responsible for optimizing stock levels, analyzing inventory costs, and ensuring high integrity of inventory data within our ERP system.
Key Responsibilities
- Optimize stock levels to avoid overstocking and understocking
- Analyze and reduce inventory costs, performing cost variance analysis and reporting deviations
- Investigate and resolve stock variances, identifying root causes and implementing corrective actions
- Utilize ERP system to track stock movement, monitor efficiencies, and generate inventory reports
- Plan, coordinate, and manage regular physical counts, reconciling with the general ledger
- Produce inventory aging reports and manage expiry dates on raw materials
- Oversee stock input, assemblies, and wastage reconciliations
- Maintain and optimize Bills of Materials (BOMs) to ensure accurate product costing
- Collaborate with production and purchasing to minimize excess/obsolete inventory and manage waste
- Ensure high integrity of inventory data within the ERP system
- Ensure compliance with company policies, accounting, and ISO standards
Requirements
- Bachelor’s degree in Cost & Management Accounting, Finance, or related field
- 3–5 years’ experience in cost accounting within a manufacturing or FMCG environment
- Advanced Excel skills (data analysis, modeling)
- Strong experience with ERP systems
- Understanding of ISO standards
- Management experience
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Finance/Accounting Management Jobs in Gauteng
In Gauteng, South Africa, the finance and accounting management field is a significant contributor to the province’s economy, with various industries relying on skilled professionals to manage their financial operations. Typically, this field offers stable employment opportunities with good prospects for career advancement. Generally, the demand for finance and accounting managers remains high across multiple sectors.
Salary expectations for finance and accounting management positions in Gauteng are generally broad and can vary widely depending on factors such as experience, company size, and industry sector. Broadly speaking, salaries typically range from R400 000 to R1 500 000 per annum, with senior roles often commanding higher remuneration packages. However, these figures are subject to change and may not reflect actual salaries for specific job openings.
Common skills required for finance and accounting management positions include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and leadership skills, experience with financial reporting and regulatory compliance, knowledge of financial management principles and practices, and a solid understanding of taxation laws. Typically, candidates with a degree in finance, accounting, or business administration are well-suited for these roles.
Finance and accounting managers can be found across various industry sectors, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector, for example, often employs finance and accounting professionals to manage its operational finances, while the technology industry may require them to oversee the financial aspects of software development or IT projects.
Career progression opportunities in this field are generally good, with experienced finance and accounting managers often moving into senior roles such as department head or director of finance. Many companies also offer training and development programs to help employees acquire new skills and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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