Inventory Accountant
Koala, Australia
Job Description
Koala’s mission is to become the smartest way to buy high-quality furniture online. Combining customer-centric products, a world-class technology and fulfilment platform, incredible customer service and social good, we are changing the way people buy and enjoy furniture.
Why we have this role @ Koala
The Inventory Accountant is the owner of all financial inventory controls and processes at Koala. From reviewing the item receipts and billing, through to cost of sales recognition and stock on hand verification, the Inventory Accountant is a critical link between Finance and Supply Chain to ensure that our financial systems can report accurate and timely data to the business for decision making.
Koala is looking for an Inventory Accountant who is a challenger, to look at our existing processes globally and introduce best practice systems, automation and efficiencies.
Requirements
What key responsibilities does this role have @ Koala?
- Oversee inventory financial management in accordance with company guidelines
- Develop and implement improvements to existing operational procedures in order to maximize efficiency and accuracy of inventory on hand and cost of goods sold
- Ownership of cost of goods recognition in line with company accounting policy
- Perform critical inventory tasks to ensure the correct amount and value of items are recorded in stock accurately in the general ledger
- Maintain updated and accurate records of inventory, including transfers and cycle counts
- Review documentation and monitor product codes to search for discrepancies; troubleshoot quantity discrepancies between stock and records
- Track rates of accuracy, purchase and return as well as defective items to inform supply chain and quality control
- Generate financial inventory reports including product profitability; review reports monthly with relevant stakeholders
- Prepare intercompany invoicing for Koala Group entities
- Nurture positive relationships with suppliers and provide a highly accountable level of customer service to all stakeholders
Ideal background
- Minimum 4+ years experience in a similar role inventory accountant role within a fast past everchanging environment
- Previous cost accounting or inventory control experience in a FMCG, e-commerce, manufacturing or retail industry
- Relevant Accounting/Business or Finance degree is advantageous
- Currently studying for or completed CPA or CA is desirable
- Experience working in the finance function as well as having finance literacy is critical in this role to be successful
- Ability to effectively communicate with non-finance staff, including supply chain, logistics and warehouse
- Excellent interpersonal and communication skills, both written and verbal
- Passionate about the details and desire to simplify processes for efficiency and automation
- Self-motivated and forward thinking
- Ability to work in a fast-paced environment with multiple stakeholders
- Excellent working knowledge of computer software including Excel/GSheet and other production/costing software and ERP systems (Netsuite experience a bonus)
Benefits
Treehouse Perks and Privileges
Koala is only great when its employees are happy and we’re one happy mob!
- Flexible working - The freedom and autonomy to do your best work the way that works for you.
- Take a break - Generous time off and parental leave to help keep your work life balance, balanced.
- Fully stocked kitchen - With an emphasis on healthy, local and organic produce.
- Pet-friendly - The Koala Treehouses are as pet-friendly as they get!
- Surprise amp; delight - The two-word combo at the core of everything we do. All Koalas can expect to enjoy free Koala products with ‘mates rates’ for your friends and fam.
- Support amp; wellbeing - Our employee experience respects and embraces all families, formed, found and evolving. You’ll have access to our Employee Assistance Program, which includes unlimited sessions for financial, work, relationship, family or wellbeing support.
- Accelerate your career - We’ve partnered with RMIT where all of our Koala’s receive a discount, unlimited access to LinkedIn Learning and Koala facilitated resources.
- Community amp; connection - We believe that simply doing ‘no harm’ isn’t good enough So, how are we doing our part? BCorp Certified, WWF Partnership, Bushfire Relief Days, a member of SoftLanding and so much more.
All in all, the Koala Kommunity is a great place to hang out and belong to!
Koalitie