Inventory Accountant

  • Nationwide Placement
  • Polokwane Central, Polokwane, Limpopo, South Africa
  • Jul 14, 2017
Permanent Construction Maintenance / Repair Manufacturing Warehouse

Job Description

Inventory Accountant

Apply before:31/05/2017.

Bicacon is a fully black owned and managed company, established in 2009 with the goal of becoming a dynamic and leading player within the infrastructure development sector. Since then, the company has established itself as a significant turnkey service provider in multi-disciplinary areas related to Engineering Consulting, Construction, Maintenance and Asset Management.

A position has become available for an Inventory Accountant to join our team.


Inventory accountant will play a vital role in calculating the value of a company's inventory. Basically, the function is to monitor the net worth of goods and maintain accurate records at all times. In addition, these roles will help the company to determine its profitability and ensure accurate financial statements.


  • Bach degree/Diploma in Cost Accounting or relevant Qualifications
  • An understanding of GAAP in relation to inventory.
  • Proficient in MS Excel.
  • Cost Point Experience is a Plus


  • ± 3 years working experience in a similar role


  • Interactive and Independent.
  • Hard working and Independent
  • Good report writing and Good communication skills.
  • Attention to detail.
  • Financial knowledge.
  • Computer literate.
  • Able to work in a team and independently
  • Strong analytical skills
  • Excellent organising and planning skills.
  • Honest and reliable.


  • Ability to reconciling company inventory accounts to the general ledger on a monthly basis
  • Ability to monitor inventory transactions, resolving inventory reconciliation issues
  • Reconciling inventory count and assisting with improvement in internal controls relating to inventory
  • Resolving reconciliation issues between inventory module and general ledger on a continual basis (POs issued without inventory abbrevs, cost adjustments, labor not charged to MOs, etc.)
  • Monitoring inventory transactions weekly to ensure transactions tie to general ledger and costs are flowing properly to projects
  • Reconciling inventory count reports to stock warehouse
  • Reports 12-month usage data in excess and obsolete inventory reports
  • Obtains inventory forecast demands from production groups
  • Key involvement in monthly closing process including, but not limited to, the recording of journal entries, preparation of monthly, quarterly and annual reports and account reconciliations
  • Study and recommend procedures to improve efficiency and effectiveness of inventory accounting processes, analysis and reporting and stock count
  • Verifying accurate standard costs
  • Monitoring inventory transactions

 How to apply

Applicants that are interested in applying for the advertised position must apply by faxing their Curriculum Vitae (CV) to Fax :0867504884 apply online.: ASAP

If you have not been contacted within 14 days, please consider your application as unsuccessful.

Job Level


Salary Range

R15 000 - R20 000 per month