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Inventory Accountant
7 days ago
**Job Roles / Function**
- 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 first in first out (FIFO) or last in first out (LIFO)
- 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, FIFO, LIFO, or 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
**Job Types**: Full-time, Permanent
**Salary**: BD500.000 per month
**Experience**:
- Accounting: 1 year (required)
- Inventory: 1 year (required)
**Language**:
- Arabic (required)
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