Job Description
Main Purpose:Stock accountant - accounting and reconciliations for one or more entities.
Knowledge Skills and Abilities, Key Responsibilities:Key Responsibilities
- Accounting of product purchases, capturing product costs and related expenses in ERP system
- Accounting of operational and transit losses and gains in ERP system
- Reconciliation of physical inventory records with system stock data
- Ensure product costs are accounted correctly and average cost is maintained in the system on daily basis. Analysis of the variance in cost.
- Ensure receipts , sales and own use are accounted all in system on daily basis by comparing the physical with System
- Abnormal losses/gains are investigated and necessary corrective action is taken by the site managers. Petroleum taxes are correctly computed and paid on time
- Ensuring sites are submitting daily stock reconciliations timeously
- Following up and helping resolve challenges that may result in delays in stock accounting process .
- Review product costs and taxes before processing in system as submitted by Product Accountant and Tax Accountant
- Insure that stock is correctly reported and match with sub ledger in the Flash and Monthly reporting.
- Enforce internal controls in the stocks function. This entails ensuring adherence to Puma Stocks Procedures as advised in the Puma Internal Control Policy
REQUIREMENTS
Experience
- Years of experience: Preferably 4-5 years or more
- Accounting Degree Educated or equivalent (BCOM, MCOM, ICWA/ CMA, MBA)
- Business orientated with experience in the Oil Downstream industry is mandatory/preferably
- Experience in understanding Stock experience
- Candidates from shared services set up preferred
- Knowledge of stock accounting method needed (Average / FIFO /LIFO)
Skills
- Microsoft Office proficient
- Navision /ERP knowledge
- Good verbal and written communication skills with the ability to articulate complex information
Key Relationships and Department Overview:Global Stakeholders
Job Details
- Job Location
- India
- Company Industry
- Other Business Support Services
- Company Type
- Unspecified
- Employment Type
- Unspecified
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- Unspecified