Retail & Inventory Accountant at Persianas Retail Limited
Confidential
Published 1 month ago · Expires 3 weeks from now
Job description
About the Role
An established company is seeking a Retail and Inventory Accountant to play a critical role in managing and monitoring inventory flow, cost control, reconciliation, and financial reporting across the retail and warehouse network.
You 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.
About You
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.
Key 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