Accountant (Inventory Experience in Hospital)

5 months ago


AlAyn, United Arab Emirates Ain Al Khaleej Hospital Full time

ACCOUNTANT with strong Inventory Experience in Hospital setting)

We are seeking a meticulous and detail-oriented Accountant with expertise in inventory management to join our dynamic finance team. As an Accountant specializing in Inventory, you will play a crucial role in ensuring accurate tracking, valuation, and reporting of hospital inventory.

**Key Responsibilities**:

- Manage and maintain accurate records of inventory levels, ensuring sufficient stock levels for operational needs while minimizing excess inventory.
- Conduct regular inventory audits to reconcile physical stock with financial records and investigate discrepancies.
- Monitor inventory transactions, including purchases, returns, and adjustments, ensuring compliance with internal controls and accounting standards.
- Develop and implement inventory management policies and procedures to optimize inventory turnover and minimize carrying costs.
- Coordinate with department heads and procurement teams to forecast demand and ensure timely replenishment of stock.
- Oversee the fixed asset register, including additions, disposals, and depreciation calculations in accordance with relevant accounting standards.
- Conduct periodic physical verification of fixed assets and reconcile discrepancies between physical counts and financial records.
- Collaborate with internal and external auditors during audits related to inventory and fixed assets, providing necessary documentation and explanations.
- Prepare monthly, quarterly, and annual reports on inventory levels, usage, and variances for management review.
- Assist in budgeting and forecasting activities related to inventory and fixed assets.

**Requirements**:

- Bachelor’s degree in Accounting, Finance, or a related field. CPA or ACCA certification preferred.
- Proven experience as an Accountant with a focus on inventory management and fixed assets, preferably in a healthcare or hospital setting.
- Solid understanding of inventory costing methods, inventory control procedures, and fixed asset accounting principles.
- Strong analytical skills with the ability to interpret complex data and make sound recommendations.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Detail-oriented with a high level of accuracy in work output and a commitment to meeting deadlines.

**Job Types**: Full-time, Permanent


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