Inventory Accountant

Our client is looking for a warranted Accountant to join the Inventory section within the company 

Responsibilities:

• Take responsibility for the accounting, financial control and reporting of the Group’s inventory and purchasing activities.
• Support the transition towards a centralised procurement and inventory management structure across the Group.
• Develop and maintain accounting procedures and controls covering purchasing, stock management and related financial transactions.
• Ensure inventory records are accurate, appropriately valued and regularly reconciled across multiple entities.
• Review the financial treatment of purchases, repairs, replacements, sales, disposals and intercompany transactions.
• Oversee finance processes relating to supplier payments, customer billing, cash management and other transactions connected with the inventory function.
• Work closely with Procurement, Operations, Logistics and Finance teams to improve coordination and financial oversight.
• Identify opportunities to streamline processes and strengthen the connection between procurement, inventory and finance systems.
• Monitor stock levels, turnover, ageing and potential obsolescence, providing analysis to support effective working capital management.
• Coordinate the financial aspects of month-end, quarter-end and year-end closing and reporting activities.
• Contribute to budgeting, forecasting, variance analysis and financial planning relating to purchasing and inventory.
• Act as a key finance contact for auditors, tax advisors, financial institutions and other external stakeholders.
• Provide technical accounting guidance to colleagues involved in purchasing, inventory and financial control activities.
• Assist with the development and implementation of policies that strengthen governance, cost management and financial reporting.
• Participate in Group-wide projects focused on process improvement, operational efficiency and business growth.

Requirements

• Minimum of 5 years' experience in accounting, with significant exposure to inventory accounting, procurement accounting or supply chain finance.
• Experience in a multi-entity or Group environment is considered an asset.
• Strong knowledge of inventory valuation, reconciliations, provisioning and financial reporting.
• Experience working with ERP systems and inventory management processes.

Benefits

• Pension plan
• Insurance - life and health
• Free parking

Education and experience

• Must be locally Warranted accountant or soon to be warranted

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Jobs within accounts require the understanding and managing of finances for individuals and organisations. Accounting Jobs in Malta within this sector include client accounting, cost and accounts administration, bookkeeping, credit control, financial management, management accounting, internal audit, and tax jobs.