Inventory Accountant | Majestic Medical & Technical Supplies

Inventory Accountant at Majestic Medical & Technical Supplies

A well-known and well-reputed Company based in Abu Dhabi, United Arab Emirates, is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Inventory Accountant”.

Positions:	Inventory Accountant
Majestic Medical & Technical Supplies career for you in Dubai - UAE
Eligibility Criteria:
No. of Positions:	QTY.1
Location:	Abu Dhabi | UAE
Qualifications:	Bachelor Degree Commerce
Experience:	2 - 4 years of Relevant Experience Required
Commute/Relocate:	Reliably commute or planning to relocate before starting work (Preferred)
Job Type:	Full Time | Permanent
Expected Salary:	Competitive Salary Offered
Nationality:	Any Nationality (Available Inside UAE)
Job Posted:	15-Dec-2022
Apply Now :	Click Me to Apply!
Benefits:	Medical, Insurance and other benefits as per UAE Labor Law

Desired Candidate Profile & About Us

The ideal candidate will be involved with preparing financial reports and statements, bank reconciliations, and conducting cyclical audits. Moreover, the candidate must have strong interpersonal skills and possess strong business acumen.

Day-to-Day Duties and Responsibilities:

Reviewing purchase orders for accuracy and ensuring that they have been approved by the appropriate department head or manager

Calculating cost of goods sold by using methods such as average cost

Calculating inventory turnover ratios by dividing costs of goods sold by average inventory balances

Monitoring inventory levels to ensure they are within acceptable ranges

Ensuring that all inventory transaction details are recorded accurately in an accounting system

Reporting on inventory levels, costs, and turnover rates to management

Calculating cost of goods sold by using methods such as average cost , average market price

Verifying inventory counts and recording adjustments to inventory levels for items that have been used, damaged, or lost

Determining methods for recording inventory transactions such as physical counts, perpetual systems, or estimates based on previous usage rates

Qualification / Selection Criteria

Work experience as an Accountant in a Trading company

Hands-on experience with accounting software.

Advanced MS Excel skills including Vlookups and pivot tables

Experience with general ledger functions

Strong attention to detail and good analytical skills

BSc in Accounting, Finance or relevant degree

Applying Details For Application

Subject: Please specify “Applying For Position” in the subject line. Only shortlisted candidates would get notified. We wish you all the very best! 🙂