Inventory Controller📣 Job Ad

Join Al Jameel International Co. Ltd as an Inventory Accountant!

We are looking for a dedicated and skilled Inventory Accountant to join our team in Jeddah, Makkah. In this role, you will be responsible for ensuring the accurate recording, tracking, and depreciation of fixed assets, alongside the proper accounting of inventory in compliance with relevant accounting standards. You will take the lead in periodic physical inventory counts and asset audits, maintaining and reconciling records effectively.

Responsibilities:

• Maintain the fixed asset register and ensure accurate and timely recording of all asset acquisitions, disposals, and transfers.
• Calculate and record depreciation and amortization for all fixed assets.
• Perform regular reviews and audits of fixed asset records.
• Coordinate and conduct periodic physical verification of fixed assets.
• Prepare fixed asset reports, including capital expenditure tracking and asset utilization assessments.
• Maintain and reconcile inventory accounts to ensure accuracy and completeness.
• Assist in preparing for periodic physical inventory counts.
• Investigate and resolve any inventory discrepancies.
• Ensure proper valuation methods for inventory.
• Analyze obsolete and slow-moving inventory for possible write-offs.
• Assist in month-end and year-end closing activities.
• Ensure compliance with local accounting standards and tax regulations.
• Support audits by providing relevant documentation.
• Develop best practices for asset and inventory management.
• Collaborate with departments to streamline asset tracking processes.
• Establish costs for business processes and prepare budgeting reports.

Qualifications:

• Bachelor's degree in accounting, finance, or a related field.
• A minimum of 4 years of relevant experience.
• Strong understanding of financial principles.
• Proficiency in accounting software and Microsoft Excel.
• Familiarity with SAP software is a plus.