Inventory Accounting Assistant Manager

5 hours ago

Kuala Lumpur, Kuala Lumpur, Malaysia 7-Eleven Malaysia Full time 60,000 - 120,000 per year

General Responsibilities

1. Reporting & Analysis

  • Prepare regular reports on stock levels, aging, movement trends, stock valuation, and shrinkage.
  • Analyze inventory data to identify patterns and support management decision-making.
  • Assist in annual/ quarterly physical inventory audits and coordinates with internal/external during audits. Ensure compliance with applicable accounting standards and regulatory requirements.
  • Review account reconciliations of inventory (sub-ledger vs GL).

2. Inventory control & management

  • Investigate and resolve inventory discrepancies or variances.
  • Maintain records of all inventory transactions in the ERP or inventory management system.
  • Track slow-moving, obsolete, or excess stock and recommend corrective actions.
  • Contribute to development of inventory optimization strategies to reduce carrying costs.

3. Process Improvement & Compliance

  • Support the implementation and enforcement of standard operating procedures (SOPs) for inventory management.
  • Ensure adherence to company policies, safety standards, and audit requirements.
  • Identify process gaps and recommend improvements for efficiency and accuracy.

4. Leadership & Team Management

  • Lead and develop a team of finance staff.
  • Set performance goals, conduct evaluations, and promote professional growth.
  • Collaborate with other departments to ensure alignment on financial processes.

Professional experience and Qualifications

  • Education:
    Bachelor's Degree in Finance, Accounting, or related field.
  • Professional certifications (ACCA, CPA, CIMA) is advantageous.
  • Experience:
    Minimum of 5 years of experience in Operational Finance, including at least 2 years in a supervisory or managerial role.
  • Experience in Retail / Convenience Store / FMCG Environment will be an added advantage
  • Excellent interpersonal skills with an ability to work with people at all levels

Soft Skills:

  • Strong analytical and problem-solving skills.
  • Excellent communication skills to collaborate effectively with stakeholders.
  • Attention to detail with the ability to work independently and meet deadlines.

Technical Skills:

  • Solid understanding of accounting principles and reporting standards
  • Proficiency in ERP systems (SAP)
  • Advanced Excel and data analysis skills

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