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Stock Analyst

4 - 6 years

5 - 11 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities Stock Day to Day Management In charge of daily relation with Operations in order to ensure that fuel delivery cycle is done accurately> Work closely with BSM/Accountant/JSU Supply team In charge of daily relation with Operations in order to ensure that the fuel purchase process is done accurately > Work closely with BSM/Accountant/JSU Supply team Review physical inventory journals and post in NAVISION : Physical Inventory journals are the last stock adjustments for a site. These include the final declared gains or losses for a site for a particular day. Stock Controller reviews the Physical inventory journal is in line with the sites Stock Reconciliation. Abnormal losses/gains are investigated and necessary corrective action is taken by the site managers. Petroleum taxes are correctly computed and paid on time Review inventory valuation in NAVISION and QlikView which involves Checking inventory valuation in NAVISION, and comparing versus expected costs cost of product. This is done in NAVISION using Stock Keeping Units and Inventory Valuation Report. Work closely with BSM/Accountant/JSU Supply team Ensure daily Mass Balance closure by all Puma Sites. This requires; Ensuring sites are submitting daily stock reconciliations timeously Following up and helping resolve challenges that may result in delays in mass balance closure. Circulate daily closure progress for all sites. Using an excel template, Physical Item journal posted per site are updated in the template. The template shows sites that haven’t yet had physical inventory journals. This is circulated to Puma Management and Depot Managers. Run Adjust Cost Routine. This is a program in NAVISION that does the Average Based Costing. Review product costs and taxes before processing in NAVISION as submitted by Product Accountant and Tax Accountant Insure that stock is correctly reported and match with sub ledger in the Flash and Monthly reporting. Enforce internal controls in the stocks function. This entails ensuring adherence to Puma Stocks Procedures as advised in the Puma Internal Control Policy Experience Degree Educated or equivalent Business orientated with experience in the Oil Downstream industry is mandatory Stock experience is a plus Knowledge of stock accounting method needed ( Average / FIFO / LIFO ) Good verbal and written communication skills with the ability to articulate complex information Microsoft Office proficient Physical Audit Ensuring proper management of the stock count by regular visits to depot Internal External

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