Purpose of the Job

To participate and assist in the assigned inventory-related activities in a bid to contribute towards inventory accuracy (Physical Vs. ERP system); Perpetually. The overall purpose of the position is to ensure that the business’ inventory is always presented in the most possible true and fair position

Responsibilities

• Responsible for coordinating with branch stock clerks to ensure that all postings are posted accurately and in a timely manner. (Finished goods and raw materials).
• Daily reconciliation of Transfer orders (Finished and Raw Materials) in coordination with Stocks Clerks.
• Daily reconciliation of Stock Items purchased to ensure that Items and Quantities posted in the system match the items received Physically and that they are posted to the correct warehouses.
• Coordinate with warehouse/ cold-room teams and inventory accountant to implement control systems to reduce stock damage, loss, and obsolescence.
• Coordinate with branch and warehouse clerks to ensure that non conforming items are transferred to the correct Warehouses in the system for write off.
• Conduct regular spot checks on stock balances: physical Vs. system (ERP).
• Maintain accurate and complete records of incoming and outgoing stock items.
• Support and participate in periodic (monthly and annual) stock counts (within the month/ quarter).
• Support the monthly and annual close processes for all stock categories.
• Monitor and report any inventory related anomalies for corrective action.

KEY PERFORMANCE INDICATORS

• Monthly closure of ledgers/reconciliations by 5th day of the following month.
• 100% Tax compliance in relation to input tax claims and withholding taxes payments.
• 100% accuracy in transactions posting in ERP

Knowledge, experience and qualifications required :

• Degree in Accounting and Finance, Logistics and Supplies, Procurement or any other business-related fields.
• At least 1 year proven experience in inventory management or related fields.
• Experience in data entry, record-keeping, and using inventory management software will be an added advantage.
• Experience in the FMCG industry is highly desirable