Accounts Executive - Retail Accounting & Inventory Management - TJ / 1887541

Our client, Recruit AI, is seeking an experienced Accounts Executive specializing in Retail Accounting and Inventory Management for their client, Golden Loom Living, located at Karachi Millennium Mall with a future move planned to Ocean Mall, Clifton. The role requires working hours from 11:00 AM to 10:00 PM, Monday through Saturday. The ideal candidate will have 13 years of relevant experience and will be responsible for supporting daily accounting functions, purchasing, inventory control, product costing, and retail operations. This position demands strong proficiency in handling purchase records, product costing, profit margin analysis, stock management, barcoding, tagging, and sales-related accounts, along with advanced Excel skills.

Key Responsibilities

- Maintain accurate daily records of sales, purchases, and expenses.
- Record, verify, and process purchase invoices, supplier bills, and payment documents.
- Assist in product costing, pricing strategies, and profit margin calculations.
- Keep precise inventory and stock records, working closely with retail and store teams to update stock information.
- Manage product barcoding, SKU management, and tagging to ensure efficient stock tracking.
- Reconcile physical stock counts with accounting and system records, identifying and resolving discrepancies.
- Maintain supplier and vendor data, supporting purchase orders and procurement documentation.
- Monitor and report on stock movements, sales transactions, purchases, and inventory adjustments.
- Support bank reconciliations, cash counts, and sales reconciliations to ensure accurate financial tracking.
- Prepare basic financial and inventory reports to assist management decision-making.
- Organize and file invoices, receipts, and other accounting documents systematically.
- Assist with month-end closing procedures and other accounting activities as required.
- Collaborate effectively with purchasing, sales, and store teams to maintain synchronized and error-free financial and inventory records.

Required Qualifications

- A minimum of 13 years of relevant experience in accounts, retail accounting, inventory accounting, or a similar role.
- Bachelor’s degree in Commerce (B.Com), Business Administration (BBA) with a focus on Accounting/Finance, ACCA, or an equivalent accounting qualification.
- Strong understanding of basic accounting principles and bookkeeping.
- Hands-on experience with purchasing, inventory management, product costing, and profit margin calculations.
- Familiarity with barcoding, SKU management, and product tagging.
- Proficient in MS Excel and accounting or ERP software.
- Exceptional attention to detail and numerical accuracy.
- Ability to maintain accurate records and identify discrepancies promptly.
- Good communication and coordination skills.
- Capability to work in a retail environment with extended working hours.

This role offers an excellent opportunity for a seasoned accounting professional to contribute to a dynamic retail environment, ensuring smooth financial and inventory operations. The candidate will play a vital role in supporting pricing strategies and maintaining accurate stock and financial records, which are critical for the company’s operational success.