Vacancy at Jumia (Head of Inventory and Cost Accountant) - 2015

Jumia is the largest e-commerce mall in Africa with over 100,000 unique visitors a day, buying everything from Fashion to Phones.Founded in 2012 in Nigeria, Jumia’s mission is to revolutionize the concept of shopping by providing customers with the best online shopping experience

Job Title: Head of Inventory and Cost Accountant

Location
Lagos

Job Field
Finance, Accounting, Audit

Role
As Head of Inventory and Cost Accounting you work directly with the CFO and the Head of the Accounting department. You will be responsible for overseeing and supervising the day-to-day operations of the Inventory Accounting department and for all inventory accounting functions.
Monitoring inventory transactions, responsible for the COGS bookkeeping and recording all transaction in the warehouse relating to receiving and issuing goods
Preparing monthly journal entries as needed and performing month-end reconciliations of inventory-related accounts payable ledger amounts
Reviewing and validating open balances associated with Inventory PO’s while working closely with business partners
Developing inventory analysis reports and analyzing variances
Assisting in the improvement in internal controls related to inventory
Execution of the periodic inventory physical count
Reconciling the inventory in Nav Accounting system with OMS and justify any differences.
Monitoring the slow moving items according to inventory aging, flagging the impaired items to be sold quickly or making provision according to the company’s inventory policy
Controlling and tracing lost items from the warehouse to be charged accurately in income statement
Performing month-end account reconciliations of inventory subsystems and general ledger.
Assist the field with OMS issues related to inventory

Profile Requirements
A minimum of 6 years’ experience as an Inventory or Cost Accountant.
AA or Bachelor’s Degree in Finance or Accounting required.
CPA designation highly desirable
Familiarity with retail accounting and retail inventory
Experience handling large accounts as well as an understanding of GAAP in relation to inventory
Experience with or curiosity for IT systems and ERP systems. E-commerce is 50% IT, so you must not be afraid of systems
Demonstrate proficiency in PC based accounting software NAV experience preferred
Ability to work well under pressure, to meet changing priorities and deadlines
Strong supervisory skills and ability to handle questions and problems in a timely manner
Ability to communicate effectively with internal and external affiliates and clients
Strong analytical and problem-solving skills. We are building ventures from scratch, learning and solving problems along the way
Hands-on attitude. E-commerce is 50% operations, so you must not be afraid of rolling up your sleeves and getting your hands dirty
Strong drive and ability to implement change in fast moving organizations
Willingness to make decisions as necessary and appropriate in accordance with company policies. Self-starter who will take initiative to effect positive change
Ability to work independently, as well as in a team environment
Strong organizational skills

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