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    • Inventory Controller 6 month contract - Cape Town - Woolworths

    Woolworths
    Woolworths Cape Town

    1 month ago

    Default job background
    Description

    Main Purpose

    To manage the TRADE and NON-TRADE system integrity and financial stock including movement reporting.

    Key Responsibilities

    • Accountable for driving non-trade stock query resolution with all relevant stakeholders (Non Trade Payables, Procurement, RED, Gift Card, Head Office Facilities (Stationery, Dining Room, Hairdresser, ITS, Special Occasions)).
    • Accountable for understanding the technical processes for non-trade stock from end to end.
    • Accountable for communication to BUFM's on all non-trade stock and gross profit inventory adjustment issues.
    • Responsible for the reconciliation of Non-Trade stock balance sheet accounts (RED, Gift Card, Head Office Facilities (Stationery, Dining Room, Hairdresser, ITS and Special Occasions) and stock accrual accounts).
    • Accountable operationally and financially for Non-Trade stocktakes of warehouses including capturing, approval and reporting thereof.
    • To reconcile the stock ledger to the records held at the outsourced stock location.
    • To ensure that all charges to the manufacturer are accurate and are adjusted against stock.
    • To ensure accurate costing of RED imported Non-trade stock including 'all on cost' additional charges (i.e. freight and duty).
    • Accountable operationally and financially for non-trade stocktakes of warehouses including reporting thereof.
    • Responsible for processing miscellaneous transactions (receipt and issuing of stock) as per BU requests.
    • To keep record of all gift cards (WW and CRG) issued out of stock to stores, head office and external corporates.
    • Process monthly billing for stores relating to gift card stock issued and relating service charges (i.e. courier and management fees).
    • To reconcile the gift card stock ledger to the records held at the outsourced stock location (Crossgate) and ensure that all charges to the manufacturer are accurate and are adjusted against stock.
    • Accountable for first receipt of Red Imported Non-Trade stock and liaise closely with Finance Imports Team to ensure payment thereof.
    • Accurate calculation of costing profit/loss and filing of the RED shipment file with supporting documentation.
    • Meet with relevant stakeholders to ensure accurate closure of the shipments.
    • To ensure the WIP (Work in Progress) Special Occasions account is fully reconciled and process adjustments to ensure billing takes place to recover funds from suppliers.
    • Ensuring that the non-trade stock is accurately aged for possible provisions.
    • Providing input into finance policies, principles and procedures.
    • Training relevant stakeholders to understand and communicate finance's business requirement across multiple departments/divisions for non-trade.
    • Working with the Business Systems Analyst to communicate the business requirement and interaction to ensure that any development meets the business need.
    • Assisting with the analysis of process changes, risk impacts and communication required.
    • Responsible for status reporting, feedback on issues and risks.
    • Responsible for reconciling Division 5 stock clearing and stock control accounts.
    • Responsible for compiling Division 5 stock rollforwards.
    • Liaising with Auditors.

    Key Competencies

    Technical And Functional

    • Understand and apply financial accounting principles and concepts including knowledge of IFRS.
    • Able to use & solve problems in a large, complex, integrated Finance IT system and to process large volumes of financial transactions.
    • Able to apply accounting knowledge in a large IT driven accounting environment and identify financial exposure and risk.
    • Strong Excel skills and ability to use business reporting tools (e.g. Oracle, Qlikview, Cognos etc.).
    • Strong numeric ability.
    • 1 year's reconciliation experience required.

    Minimum Qualification

    • B. Comm. (Accounting)/ BTech 3-year.
    • 2-3 years experience in accounting or financial environment.

    Behavioural Skills

    • Problem Solving ability.
    • Committed to high quality standards.
    • Ability to work accurately with attention to detail.
    • Ability to work autonomously.
    • Communication skills (written and verbal).
    • Service oriented.
    • Self-Starter.
    • Effective Time Management Skills.
    • Team Player.
    • Analytical.

    As a proud South African brand, Woolworths is committed to transformation. Meeting our employment equity goals will be taken into account in our recruitment decisions.

    If you are interested in the above position please email your CV to RecruitmentFinance@woolworths.co.za.

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