Inventory Management:
Managing and tracking diamond inventory, including valuation and cost accounting.
Costing:
Determining the cost of goods sold for diamonds, considering factors like carat, cut, color, and clarity.
Understanding Diamond Market Dynamics:
Staying informed about market trends, pricing, and regulations relevant to the diamond industry.
Handling International Transactions:
Managing financial transactions involving international trade, including currency exchange and import/export regulations.
Working with Diamond Grading Systems:
Understanding and applying diamond grading systems (4Cs) to ensure accurate valuation and accounting.
Working with Financial Software:
Utilizing accounting software and systems to manage financial data and generate reports.