Retail & Inventory Accountant at Persianas Retail Limited

An established company is recruiting for the following position. Job Description

• PRL is seeking a Retail and Inventory Accountant who will play a critical role in managing and monitoring inventory flow, cost control, reconciliation, and financial reporting across the retail and warehouse network.

• S/he will support the finance and operations teams by ensuring all retail sales are accurately recorded, cash receipts are verified, inventory reports are precise, and store reports are submitted on time.

• The ideal candidate will possess strong analytical skills, a detail-oriented mindset, and a solid understanding of financial controls within a retail or FMCG environment.

Responsibilities Inventory Management & Control:

• Track and monitor inventory movement across all retail stores and warehouses.

• Conduct routine and ad hoc audits to verify inventory records, pricing accuracy, and valuation.

• Visit retail stores periodically to perform cash counts and physical inventory verification.

• Investigate variances in inventory levels and reconcile discrepancies.

• Provide inventory-related insights and reports to inform purchasing and operational decisions.

Inventory Reconciliation & Reporting:

• Perform monthly revenue reconciliations across all retail channels.

• Conduct timely and accurate bank reconciliations.

• Prepare and present detailed reconciliation reports, including findings, root cause analysis, and actionable recommendations.

• Investigate unreconciled items, escalate issues as necessary, and follow through on resolution.

Inventory Pricing:

• Maintain up-to-date inventory pricing records, ensuring accuracy in cost and retail price alignment.

• Collaborate with procurement and retail teams to implement approved price changes and margin structures.

• Ensure consistency in pricing across retail platforms and systems (POS, ERP, and reports).

• Analyze cost fluctuations and recommend adjustments to maintain profitability and compliance with company policies.

Stock count exercise – (Monthly, Quarterly, Year-end):

• Maintain up-to-date inventory pricing records, ensuring accuracy in cost and retail price alignment.

• Collaborate with procurement and retail teams to implement approved price changes and margin structures.

• Ensure consistency in pricing across retail platforms and systems (POS, ERP, and reports).

• Analyze cost fluctuations and recommend adjustments to maintain profitability and compliance with company policies.

Audit & Control:

• Conduct store-level and head office audits covering inventory, cash, and cost processes.

• En...