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Accountant - Inventory Control

Keywords / Skills : INVENTORY CONTROLLER, Inventory Control, Inventory Management, Accountant, Finance executive, Senior accountant, Accounts officer, Accounts executive, Inventory

5 - 8 years
Posted: 2018-12-16

Afghanistan, Albanian, Algeria, American Samoa, An...
Food & Packaged Food
Finance & Accounts
Bachelor's Degree
Posted On
16th Dec 2018
Job Description
• Reconciling inventories in the system subsidiary with the master.

• Preparation and analysis of inventory movements

• Leading the stock take process and finalize the variances

• Recommending optimum level of inventory

• Maintenance of inventory on an average usage basis

• Developing the company’s inventory management system with the aim of controlling cost, rationalizing inventory and maximizing working capital

• Minimize overstock and remove of redundant inventories from stores

• Ensure that incoming goods are receipted and managed appropriately as per company policies

• Recommend improvement in the inventory cycle

• Perform cyclic stock checks

• To ensure that the stocks are adequately insured

Other functions

• Bank Reconciliations

• Bank interest rates validation

• Preparing and maintaining of financial statements  
• Checking and allocations of Utilities bills

• Coordination with sales and marketing for the recording of promotion expenses and reconciling the rebates etc

About Company

Foodco Holding was established in 2006 to reflect the growing diversity of the group, which had seen the establishment of a number of companies under the banner of Abu Dhabi National Foodstuff Company (Foodco) presently and was established in Abu Dhabi in 1979 as a public share holding entity under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, the President of U.A.E , these former divisions operate as standalone subsidiaries of Foodco Holding.

Supported by a dedicated team of approximately 500 employees, Foodco Holding continues to evolve, excelling in terms of expansion and innovation, with operations covering the food sector, retail, packaging, catering, restaurant franchising and other areas.

As a testament to our success, a 2011 survey conducted by the UAE Ministry of Foreign Trade entitled Success Stories of 110 UAE-based International Investors recognized Foodco Holding as one of the countrys seven most accomplished companies in the food industry sector.

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