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 closingKey ResponsibilitiesMaintain and reconcile inventory accounts in the finance system, ensuring accuracy and completeness of recordsEnsure 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 figuresMonitor inventory transactions and aging to identify trends, risks (e.g., obsolescence), and potential provisioning needsCoordinate with procurement and inventory control / warehouse teams to investigate and resolve inventory discrepanciesSupport month-end and year-end closing processes related to inventory accounts, ensuring timely and accurate entriesSupport internal and external audits by providing required documentation, explanations, and audit-ready evidenceAnalyze inventory data to support management with insights and actionable recommendations related to costing and inventory performanceRequirementsBachelor's degree in Accounting, Finance, or a related fieldMinimum 3 years of experience in accounting, preferably with exposure to inventory accounting and reconciliationStrong 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 skillsStrong analytical, organizational, and problem-solving skills with high attention to detailAbility 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)