Inventory Accountant (Finance Department)

Alkaffary Group seeks a detail-oriented **Inventory Accountant** to manage inventory accounting, ensuring accurate reporting, valuation, and reconciliation. You will collaborate with Procurement and Inventory Control to support month-end/year-end closing Key Responsibilities * Maintain and reconcile inventory accounts in the finance system, ensuring accuracy and completeness of records. * Ensure proper accounting treatment for all inventory-related transactions (purchases, transfers, adjustments, write-offs). * Prepare and review inventory valuation outputs and reports, and support financial statement preparation by providing accurate inventory figures. * Monitor inventory transactions and aging to identify trends, risks (e.g., obsolescence), and potential provisioning needs. * Coordinate with procurement and inventory control / warehouse teams to investigate and resolve inventory discrepancies. * Support month-end and year-end closing processes related to inventory accounts, ensuring timely and accurate entries. * Support internal and external audits by providing required documentation, explanations, and audit-ready evidence. * Analyze inventory data to support management with insights and actionable recommendations related to costing and inventory performance. **Requirements** * Bachelor’s degree in Accounting, Finance, or a related field. * Minimum 3 years of experience in accounting, preferably with exposure to inventory accounting and reconciliation. * Strong knowledge of accounting principles and inventory valuation methods (e.g., FIFO / weighted average—based on company policy). * Proficiency in accounting systems/ERP and Microsoft Office, with strong Excel skills. * Strong analytical, organizational, and problem-solving skills with high attention to detail. * Ability to collaborate effectively with cross-functional teams (procurement, inventory control/warehouse, and finance). * Commitment to accuracy and adherence to policies, controls, and applicable accounting standards (IFRS/GAAP as required).