Inventory Officer

Responsibilities: 

• Monitor and maintain accurate records of all incoming and outgoing inventory.
• Receive, inspect, and verify goods against purchase orders, invoices, and delivery documents.
• Record stock movements and update inventory management systems promptly.
• Conduct regular physical stock counts and reconcile results with inventory records.
• Monitor stock levels and initiate replenishment requests when necessary.
• Identify damaged, expired, missing, slow-moving, or obsolete stock and report accordingly.
• Ensure proper storage, labeling, arrangement, and handling of inventory.
• Issue materials and products to authorized departments based on approved requests.
• Maintain accurate documentation for receipts, transfers, returns, and dispatches.
• Investigate inventory discrepancies and assist in resolving stock-related issues.
• Work closely with the Procurement, Warehouse, Finance, and Operations teams.
• Prepare daily, weekly, and monthly inventory reports.
• Monitor stock usage and identify opportunities to reduce waste and inventory losses.
• Ensure inventory is stored securely and protected from damage or theft.
• Assist with periodic audits and inventory verification exercises.
• Ensure compliance with company inventory policies and procedures.
• Perform other inventory-related duties assigned by management.

Requirements:

• HND or Bachelor's degree in Accounting, Supply Chain Management, Procurement, Logistics, Business Administration, or a related field.
  
• Proven years of experience in inventory management, stock control, warehousing, or a related role.
• Good knowledge of inventory control and stock management procedures.
• Proficiency in Microsoft Excel and inventory management software.
• Strong numerical and analytical skills.
• Excellent attention to detail and accuracy.
• Good record-keeping and documentation skills.
• Ability to identify and resolve stock discrepancies.
• Good communication and organizational skills.
• Ability to work independently and as part of a team.
• Knowledge of FIFO/FEFO inventory principles is an advantage.
• Professional certification in Supply Chain, Procurement, or Inventory Management is an added advantage.