The Inventory Reconciliation Specialist is a key member Inventory Control and Accuracy team. This position must handle multiple assignments in a rapidly changing, fast paced environment with frequent direct interaction with senior management.
Essential Duties and responsibilities:
-Responsible for closely monitoring inventory systems and working with business partners to resolve inventory concerns.
-Respond to business partner requests for assistance by checking physical on-hand inventory, compare to system and communicate issues affecting inventory.
-Research discrepant inventory and physically search for lost/misplaced inventory.
-Comply with and support the health, safety, and environmental programs, policies and procedures set by the company.
-Responsible for Inventory Control activities including inventory system research and analysis, cycle counting, internal audits and corrective action for inventory count discrepancies.
-Reconciling inventory accounts to the general ledger and preparing monthly entries as needed.
-Developing inventory analysis reports and analyzing variances
-Assisting in the improvement in internal controls related to inventory.
-Prepare, generate, and file financial inventory reports; review reports monthly with management
-Maintain updated and accurate records of inventory, including transfers and cycle counts.
-Review documentation and monitor product codes to search for discrepancies
-Track rates of accuracy, purchase and return as well as defective items to inform quality control decisions
-Nurture positive relationships with suppliers
-Special projects and responsibilities as assigned by their manager as required.
-Must maintain confidentiality concerning all company related processes and matters.
-Verifies clerical computations against physical count of stock and adjusts errors in computation or count or investigates and reports reasons for discrepancies.
-Provide timely and accurate response to internal and external teams specific to required counts, balance on-hand and analysis. Initiate communication to resolve errors.
-Perform system adjustments as required and analyze for root cause. Initiate subsequent corrective action.
-Coordinate physical stock count activity. Maintain accurate records of all audits, counts, adjustments, and analysis.
Knowledge, Skills, and Abilities
-2-4 years of experience as an Inventory specialist or Cost Accountant preferred.
-Must be able to communicate effectively, orally and written.
-Bachelor’s Degree in Finance or Accounting required.
-Basic knowledge of accounting and auditing principles and practices.
-Must be able to prepare a variety of reports and analyses.
-Knowledge of ERP system, MS Excel, and other Microsoft tools.
-Must have good inter-personal skills and the ability to work effectively with others.
-Knowledge of modern office practices, procedures, methods, and equipment.
-AED 5000 K depending on the skill set & expertise
Job Description :
To ensure customer service and support all operations. To create customer delight at every interaction.
Interacting with external customers and internal customers and addressing their queries, requests and complaints.
Committed TATs are met consistently
Complaints Management- addressing customer complaints at the branch, system updation, coordination with Sales/HUB/ other functions for resolution.
Refunds processing and dispatch
Undelivered policy documents tracking and management.
Maintenance of all files and registers.
New Business Processing:-
Handling end to end New business processing starting from creation of Client id,Case start up, New business login, Follow up for policy issuance, Quality Check
Follow up with HUB for policy issuance of pending cases