Developing and Implementing Inventory Control Policies:- Designing and implementing control procedures for inventory, assets, and equipment to ensure accuracy, efficiency, and compliance with regulations.
- Continuously evaluating the management processes and recommending improvements to increase efficiency and reduce errors.2. Inventory Management:
- Performing regular audits to verify accuracy and identify discrepancies. Investigating discrepancies and implementing corrective actions as necessary.
- Proposing solutions for lost or damaged goods, assets, and equipment.
- Overseeing the management of inventory, including tracking stock levels, conducting audits, and reconciling discrepancies.
- Regularly monitoring inventory levels to prevent stockouts or overstock situations. Implementing strategies to optimize inventory turnover and minimize carrying costs.
Asset Management:- Managing the lifecycle of assets, including acquisition, tracking, depreciation, and disposal.
Equipment Management:
- Supervising the maintenance, tracking, and utilization of equipment to optimize efficiency and minimize downtime.
Risk Assessment:
- Checking daily inventory data between the sales system, accounting system, and actual inventory to promptly detect discrepancies (if any)
- Identifying potential risks related to related to inventory, assets, and equipment management and developing strategies to mitigate these risks.
Others:- Assisting with other tasks as directed by the Chief Accountant.
Collaboration:
- Collaborating with relevant departments to reconcile and explain any discrepancies in the data.
- Collaborating with other departments such as purchasing, logistics, and finance to ensure alignment of inventory management practices with overall business objectives.
Process Improvement:- Continuously evaluating inventory management processes and recommending improvements to increase efficiency and reduce errors.
Documentation and Reporting:- Maintaining accurate records of inventory, assets, and equipment transactions and preparing regular reports for management on inventory levels, variances, and trends.
