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Woolworths (Cape Town, Western Cape) Listing Reference: woolw_001210
Application Deadline: 3 June 2025
Contract Type: Permanent
Industry: Auditing / Accounting
Category: Financial Accounting

Position Overview

Woolworths is seeking an experienced and detail-oriented Inventory Controller to manage the integrity of financial stock systems and oversee stock movements across trade and non-trade categories. This position plays a key role in maintaining accurate stock records, managing reconciliations, and ensuring cost control across various departments.

Key Responsibilities

Non-Trade Stock Management

Manage stock query resolution with teams like Non-Trade Payables, Procurement, RED, and Head Office Facilities.

Oversee the end-to-end process for non-trade stock, ensuring technical accuracy and reporting clarity.

Maintain communication with BUFM’s regarding adjustments and gross profit inventory issues.

Reconciliations & Stocktakes

Conduct regular reconciliations of non-trade stock balance sheet accounts including RED, Gift Cards, and Special Occasions.

Lead and report on non-trade warehouse stocktakes.

Reconcile stock ledgers with outsourced stock records.

Gift Card Management

Record all gift card issuances (WW & CRG) to stores, head office, and external parties.

Process monthly store billing for gift card stock and service charges.

Reconcile gift card stock ledgers with records from Crossgate.

Imported Stock Control (RED)

Ensure accurate costings of imported stock including freight and duties.

Manage the first receipt of RED non-trade stock and coordinate with the Finance Imports Team.

Calculate and file costing profits/losses for shipments with complete documentation.

Financial Operations & Reporting

Monitor WIP (Work in Progress) accounts for Special Occasions and process supplier billing adjustments.

Provide insight into finance policies and contribute to cross-departmental training.

Assist in system development and business requirement analysis with Business Systems Analyst.

Generate reports on process changes, risks, and status updates.

Division 5 Stock Management

Reconcile Division 5 stock clearing/control accounts.

Compile rollforwards and liaise with auditors.

Required Skills & Competencies

Technical & Functional Skills

Solid understanding of financial accounting and IFRS standards.

Experienced with integrated financial IT systems and large data volumes.

Skilled in Excel and reporting tools like Oracle, QlikView, or Cognos.

Strong numerical and reconciliation ability.

Qualifications

Education: B.Com (Accounting) or BTech (3 years).

Experience: 2-3 years in a financial or accounting role; minimum 1 year in reconciliations.

Behavioral Attributes

High attention to detail and accuracy

Analytical and problem-solving mindset

Self-motivated and service-oriented

Strong communication skills

Ability to manage time effectively and work independently

A committed team player