Inventory Analyst - Accounting

apartmentMagna Prime Chemical Technologies, Inc. placeBulakan scheduleFull-time calendar_month 
Conduct and participate in physical inventory counts, cycle counts and surprise accounts across warehouses, depots, and affiliated locations.
  • Ensure proper cut-off procedures for inventory movements during physical counts.
  • Validate inventory quantities, locations, and conditions against system records.
  • Perform regular reconciliation of physical inventory in the accounting system.
  • Investigate inventory variances, shortages, overages, and discrepancies and prepare variance analysis report.
  • Prepare and recommend inventory adjustments, write-offs and reclassification subject to management approval.
  • Monitor inventory aging, slow moving, obsolete and damaged stocks and coordinate with management for appropriate accounting treatment.
  • Ensure compliance with company inventory policies, accounting procedures, and internal control standards.
  • Identify control gaps and recommend process improvements to strengthen inventory controls.
  • Coordination with warehouse, operations and accounting.
  • Perform other task that maybe assigned from time to time.
General Responsibilities
  • Performs cross-functional duties that may be assigned from immediate superior in the attainement of the department/section objectives.
  • Performs 5S of good housekeeping practices in the workplace.
  • Adheres to company rules and regulations, QEHS Policy and standard operating procedures.
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