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Tiger Brands

FMCG producer of foods, beverages, care

Inventory Cost Controller

Cost & Management AccountingUpdated on Nov 11
Full-timeYaldwyn Rd, Boksburg, South AfricaNo salary listedIn-person

About the Job

Requirements

  • A BCom in Accounting is required.
  • Three to five years of experience in finance or inventory control in warehousing is required.
  • A proven track record in a similar finance role is required.
  • Experience working in a Finance team supporting Logistics as a business partner is required.
  • Strong analytical and conceptual thinking and creative problem-solving ability are required.
  • Strong communication skills and the ability to liaise with a variety of non-financial functions are required.
  • Strong initiative and confidence handling complexity, working under pressure, and managing short lead-time deliveries are required.
  • Excellent computer and Oracle skills are required.
  • Strong experience in logistics warehouse process controlling and timely identification of problems by reviewing results is required.
  • Experience in financial reporting and analysis, and control design, implementation, and monitoring is required.

Responsibilities

  • Design, implement, and monitor internal controls within the local warehouse environment.
  • Identify and mitigate potential control weaknesses in the warehouse environment.
  • Continually assess and analyze the warehouse controls environment.
  • Ensure proper execution of stock counts and strong inventory control for finished goods across warehouses and distribution centers, as well as working capital management.
  • Monitor goods in transit, finished goods aging, and related reporting.
  • Monitor stock balances between Tiger and third-party service providers, and resolve and minimize differences with support from other relevant parties.
  • Investigate, analyze, and explain stock variances and control breakdowns.
  • Monitor and evaluate control performance trends and performance against key performance indicators, providing accurate, relevant, and timely finance information to enable the business to meet its finance commitments.
  • Ensure the general ledger and various sub-inventories are in balance at all times.
  • Prepare and analyze information to ensure month-end close is completed in accordance with tight reporting deadlines.
  • Partner with Logistics and Internal Audit to improve daily operations and control adherence.
  • Support preparation of management reports comparing actual results with forecasts and budgets.
  • Drive continuous improvement in the warehouse environment.
  • Provide direct and indirect supervision to subordinates and manage a team of Administrators.
  • Partner with the Business Units and provide stock updates regularly.
  • Monitor stock variances and third-party billing for stock variances.
  • Clear general ledger suspense accounts promptly.

About the Company

Tiger Brands

FMCG producer of foods, beverages, care

Tiger Brands is a leading, listed fast-moving consumer goods (FMCG) company in Africa that makes everyday foods and beverages. Its portfolio includes well-known brands such as Koo, Jungle Oats, All Gold, Purity, Oros, Doom and Tastic Rice, as well as home and personal care brands, serving customers from large cities to small villages. The company manufactures and distributes consumer-packaged products across food, home, and personal care categories, helping people nourish their meals and daily routines. Its approach centers on offering a broad range of trusted brands that are staples in many households, enabling it to reach a wide consumer base across Africa. Tiger Brands’ goal is to nourish and nurture more lives every day by expanding access to familiar, dependable products and growing its footprint on the continent.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Johannesburg, South Africa
Founded
1896

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