Job Summary

• The Inventory Control Officer will oversee and manage the costs of Capital Work-in-Progress (CWIP) and accessories. He/she is responsible for ensuring that CWIP and accessories are accurately valued at any point in time on the ERP.
• He/she will monitor inventory transactions, review, and reconcile inventory general ledgers.
• Also, he will gather and analyse inventory data, perform inventory audits and assessments, and produce regular inventory reports and schedules.

Responsibilities

• Monitor unit cost of inventory on ERP and investigate abnormal variances from expected unit costs.
• Plan and supervise monthly inventory count to ensure that inventory balances on ERP are accurate and align with the physical inventory in the warehouse and other locations.
• Post inventory count variances, reconcile inventory profit & loss GL, and send monthly inventory count report.
• Review, reconcile and prepare a monthly schedule of charges GL, CWIP GLs, and inventory accessories GL.
• Prepare a monthly schedule of CWIP/accessories movement that shows the value of movement for each category of CWIP/accessories which includes inventory purchased and inventory converted to fixed assets.
• Prepare cost analysis for each foreign procurement received into the warehouse to ensure that unit cost at the point of receipt on ERP aligns with expected unit cost approved on a purchase order.
• Apply charges on ERP to foreign procurement based on review and approval of the Head of Supply Chain.  
• Resolve inventory issues identified by you, the warehouse manager, or any other staff of the company.
• Attend to audit requests in respect of inventory and provide the necessary support that will enhance the timely closure of the year-end audit.
• Attend to any other issues as the situation demands while discharging your duties.

Requirements

• B.Sc. or HND in accounting or a related field.
• 1-3 years of work experience in a similar role.
• Professional qualification is an added advantage.