We invite applications from suitably qualified candidates. JOB SUMMARY

The Inventory Accountant at DrugStoc is responsible for maintaining accurate and timely accounting records for all inventory-related transactions. The role ensures that all stock movements — including purchases, transfers, adjustments, and sales — are properly recorded, valued, and reconciled in line with the company’s financial policies and International Financial Reporting Standards (IFRS). Working closely with the Operations and Supply Chain teams, the Inventory Accountant validates stock receipts and issues, monitors inventory levels, and promptly resolves discrepancies between physical counts and system records. The position also ensures that inventory valuation complies with IFRS principles and internal cost accounting standards, supporting accurate computation of the Cost of Goods Sold (COGS) and gross profit margins.

The Inventory Accountant is responsible for preparing and submitting periodic stock reports to the Financial Controller, conducting variance analyses, and providing comprehensive inventory schedules during external audits. By ensuring that all inventory balances are complete, accurate, and properly classified, the role contributes directly to the integrity and reliability of the company’s financial statements.

JOBS TO BE DONE

Record and validate all inventory-related transactions, including stock receipts, transfers, adjustments, and write-offs, ensuring accuracy and compliance with internal controls and financial policies.

Maintain up-to-date and accurate inventory records in both the accounting system and the warehouse management platform, reconciling any variances between physical and system quantities.

Monitor inventory valuation to ensure alignment with IFRS and company cost accounting standards, supporting accurate determination of Cost of Goods Sold (COGS) and gross margins.

Collaborate with Operations, Procurement, and Supply Chain teams to investigate stock discrepancies, resolve reconciliation issues, and ensure data integrity across departments.

Prepare and submit monthly inventory reports, variance analyses, and stock aging summaries to the Financial Controller to support management decision-making.

Support month-end and year-end closing activities by providing accurate stock balances, valuation schedules, and reconciliation reports, and assist with audit documentation related to inventory.

Identify process improvement opportunities in stock management, valuation, and reconciliation to strengthen internal controls and enhance reporting efficiency.

CORE RESPONSIBILITIES

Receive, review, and validate supplier invoices and employee expense claims for accuracy, proper approvals, and coding. Match invoices with purchase orders and delivery receipts to...

Inventory Accountant at Drugstoc eHub Limited

Job description