Inventory and Cost Controller

Job PurposeThe Inventory and Cost Controller is responsible for monitoring inventory movements, ensuring accurate recording of stock transactions, and supporting the financial control of production costs.The role acts as the financial link between the Finance Department, Production, and Warehouse operations.

Key ResponsibilitiesInventory Monitoring

• Monitor inventory movements across warehouses and production lines
• Ensure proper recording of all stock transactions
• Track material consumption and production usageInventory Accounting
• Record inventory-related accounting entries
• Ensure accurate inventory valuation in the accounting records
• Maintain alignment between physical stock and accounting recordsStock Reconciliation
• Perform periodic reconciliation between physical inventory and system records
• Investigate inventory discrepancies
• Support stock counting activities and ensure proper documentationProduction Cost Monitoring
• Monitor material usage in production
• Analyze production cost components when required
• Identify unusual consumption patterns or operational variancesDocumentation & Control
• Ensure all inventory movements are supported by proper documentation
• Verify compliance with warehouse and inventory procedures
• Maintain organized records of inventory transactionsCoordination
• Coordinate with warehouse team on stock movements and documentation
• Work closely with production to monitor material consumption
• Communicate relevant inventory information to the finance team

Required Qualifications Bachelor’s degree in Accounting, Finance, or related field Not less than 7 years of experience in accounting, inventory control, or cost monitoring Experience working in manufacturing or industrial environments is preferred Good understanding of inventory processes and documentation Strong working knowledge of Microsoft Excel Skills Strong attention to detail Analytical and problem-solving skills Ability to work with operational teams Organizational and documentation skills Professional integrity and accountabilityKey Performance Indicators (KPIs)

Accuracy of inventory records Timeliness of stock reconciliations Quality of inventory documentation Identification and resolution of inventory discrepancies