Inventory Accountant (Temp 6 months)

Job Description

Key Accountabilities:

1) Transaction Management

• Preparing all transactional accounting process relating to inventory account in the line with Vietnam Accepted Accounting Standards Principles and Regulations of Ministry of Finance as well as related companies policies;

• Record transactions in the accounting system. Ensuring that all inventory transaction details are recorded accurately in an accounting system.

2) Inventory Reporting

• Preparing monthly report on inventory account in the line with managerial requirement of company;

• Perform monthly reconciliation between goods movement transactions, inventory accounts, and COGS.

• Calculating COGS, ensure proper valuation of inventory, including cost of goods sold (COGS) calculation and inventory reserves

3) Product and Prices Database

• Receiving document from purchasing department and outlet for stock in material and tools.

• Create items code and update goods prices on the accounting 10% JOB DESCRIPTION system.

• Work closely with Group IT and support store staff to adjust any misstatement of stock quantity in the system.

4) Inventory Control and Management

• Communicate and cooperate with other Finance & Accounting team members for month-end closing to ensure compliance with legal regulations and management requirements, ensure accurate and timely recording of inventory-related transactions in the general ledger.

• Following daily stock in – stock out at the store.

• Monitor and analyze inventory turnover rates to identify slow-moving or obsolete items and recommend appropriate actions

• Manage the system transition for the moving inventory around outlets.

• Compare quantity inventory stock out for selling and revenue receiving. If It is different, preparing mistake report to send to related business team.

• Extract inventory ending balance every coffee shop and transfer to material expense count cost of goods sold.

• Reconcile ending balance detail book and general ledger. Storing those document in the line with company rules 45%

• Carrying out other works as appointed by Chief Accountant in related period.

Job Requirement

1) Education/ Training Qualifications:

• Bachelor’s Degree in accounting, finance, or a related field

• Accounting Fundamentals 

2) Experience:

• Minimum 3 years experience in position Accountant or Inventory Accountant or Settlement Accountant.

• Proven experience as an inventory accountant or similar role within the F&B industry

• Strong knowledge of inventory management principles and practices

• Knowledge of VAS, IFRS or GAAP and inventory accounting standards

3) Skills & Personal Characteristics:

•  Ability to work independently and in a teamwork environment, carefully, and accurately.
• Ability to work under pressure and to meet deadlines.
• Good interpersonal and communication skills.
• Proficiency in using inventory management software and Microsoft Excel
• Detail-oriented with a high level of accuracy in data entry and record-keeping 6. Good analytical and problem-solving skills.