Inventory Accountant

Job Overview

Job Location: Hlaing Township

Type of Business/Product: Distribution Industry/ Solar

Gender: Female (1)  

Job Ref No.: 24P2161

Salary:  800,000 /-Kyats

Job Requirements

• Bachelor’s degree in Any Graduate, Finance, or a related field.
• LCCI Level 3 or another relevant accounting qualification is preferred.
• At least 2–3 years of experience in Inventory Accounting, Inventory Control, or Stock Accounting.
• Practical experience in inventory receipts and issues, stock balance management, stock reconciliation, and inventory valuation.
• Ability to independently prepare monthly inventory closing records and inventory reports.
• Experience coordinating with Warehouse, Purchasing, Sales, and Project/Site teams.
• Experience in solar equipment, electrical materials, trading, or project-based companies is preferred.
• Practical experience using inventory management or accounting software.
• Good Microsoft Excel skills.
• Ability to investigate discrepancies between physical stock and system balances and identify their causes.
• Ability to prepare stock movement, site material usage, return stock, and inventory valuation reports.
• Good understanding of inventory valuation and basic accounting principles.

Job Descriptions

Inventory Recording and Control

• Record all inventory receipts, issues, transfers, returns, and balances accurately and promptly in the inventory software.
• Verify received goods against purchase orders, delivery notes, Goods Received Notes (GRNs), and other supporting documents.
• Record stock movements for warehouse and site/project locations, including material issues and returns.
• Check the accuracy of item descriptions, item codes, units of measurement, quantities, and unit costs.
• Maintain traceable records for serialized items such as solar panels, inverters, batteries, and other equipment, in accordance with company procedures.

Physical Stock Verification and Reconciliation

• Participate in scheduled physical stock counts at warehouses and relevant project sites.
• Reconcile physical stock quantities with inventory system balances.
• Identify and investigate stock shortages, excess stock, damaged items, and other inventory discrepancies.
• Report discrepancies with supporting evidence to the supervisor and make inventory adjustments only after obtaining the required approval.
• Monitor and report slow-moving, non-moving, and low-stock items.

Site and Project Material Control

• Maintain records of materials issued, actual usage, returned materials, and remaining stock for each site/project.
• Compare material issue records with usage reports submitted by site/project teams.
• Coordinate with the relevant project/site teams to investigate differences between issued quantities and reported usage.
• Check the quantity, condition, and supporting documents for returned materials before recording them back into inventory.
• Prepare material usage and cost reports by project.

Inventory Costing and Purchasing Coordination

• Verify purchased quantities, unit prices, and total values against purchase documents.
• Record and report changes in purchase prices and inventory values to the relevant supervisor.
• Coordinate with relevant departments to identify low-stock items and materials required for upcoming operations.
• Apply the company’s approved inventory costing policies and accounting procedures.

Monthly Closing and Reporting

• Review inventory records for the Yangon and Mandalay offices for each reporting period, where assigned.
• Complete monthly inventory closing and stock reconciliation within the required deadlines.
• Prepare and submit Monthly Stock Balance, Stock In/Out, Stock Reconciliation, Site/Project Material Usage and Return, Stock Variance/Damaged/Slow-moving Stock, and Inventory Valuation reports.
• Maintain organized inventory records and supporting documents for review and audit purposes.

Internal Control and Coordination

• Work closely with Warehouse, Purchasing, Sales, Project/Installation, and Finance/Accounting teams.
• Prepare inventory records and supporting documents for internal and external audits when required.
• Report unauthorized stock movements, inventory adjustments, and non-compliance with company procedures to the relevant supervisor.
• Maintain confidentiality of company information and comply with company policies.
• Perform other relevant duties assigned by the supervisor or management.

Working Hours: 8:00 AM to 5:00 PM
Holidays: Sunday & Public Holidays

How to Apply: Please email to cv@vacjobsearch.com  with your Microsoft Word CV file and job title and job ref no. in the subject line.

Hotline: 01-8395924, 09-765395924