Operations Finance Specialist
16 hours ago
**Job Summary:
We are in the Business to Business industry. The Operations Finance Specialist is responsible for overseeing the financial aspects of the company's procurement activities, managing supplier relationships, and ensuring efficient logistics and inventory management. This role requires a thorough understanding of accounting practices and inventory systems, coupled with strong financial acumen to support daily business operations and strategic financial planning. The specialist will work closely with Sales Heads to align procurement and inventory strategies with sales forecasts and business goals.
**Key Responsibilities**:
- Work with internal stakeholders to issue purchase orders to suppliers.
- Track the outstanding purchase orders for payment.
- Arrange for inventory-related adjustments such as inter-warehouse transfer, write-off, quantity and price adjustment.
- Reconcile monthly sales report for inventories to settle with customer and suppliers. Issue monthly sales invoice on inventory sold on monthly settlement.
- Work closely with Finance Team to ensure inventory and sales information in accounting system and inventory systems are reconciled on a monthly basis.
- Attend to yearly stock-take and perform adjustment to the inventory system.
- Collaborate with various departments (Procurement, finance & sales) to align procurement and inventory strategies with overall financial goals.
- Provide financial insights and recommendations to support business operations and strategic decision-making.
**Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or related field.
- Minimum of 5 years of experience in finance, accounting, procurement, or a similar role.
- Strong knowledge of accounting principles and financial reporting.
- Excellent analytical and communication skills.
- Proficiency in using accounting and inventory management software.
- Strong problem-solving abilities and attention to detail.
- Ability to work independently and as part of a team.
- Strong business acumen and understanding of financial dynamics.
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