• Application Deadline:
• Position: SCD Inventory Associate



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 4 years



• Location Nigeria




• Job Field Finance / Accounting / Audit  , Procurement / Store-keeping / Supply Chain 
  
  

Job Purpose

• To assist the SCD Finance Manager in the the day-to-day administration of stock movements across business functions within the Suply Chain team including PPU.

Core Responsibilities and Key Result Areas

• Responsible for inventory management.


• Receive documents for stock transfers and check for correctness.


• Monitor daily stock movement of SAP.


• Coordinate monthl products count in warehouse; preform quality checks on stock count process.


• Maintain accurate records of inventory levels and values in accordance with company policies and generally accepted accounting principles (GAAP).


• Perform monthly reconciliations of physical inventory counts to system records, investigating and resolving any discrepancies identified.


• Prepare and analyze inventory reports to identify trends, excess stock, and potential obsolescence, recommending actions to optimize inventory levels.


• Implement and maintain internal controls over inventory to prevent loss and ensure integrity of stock and accounting records.


• Coordinate with external auditors during audits by providing necessary inventory records and explanations for inventory accounting methods used.


• Develop and refine inventory accounting policies and procedures to improve efficiency.


• Check the computation of direct cost, diesel usage, gas consumption & general consumables for each business location within SCD.


• Assist in reconciliation of locational store cost of sales, diesel, gas & general consumables.


• Reconciliation with store managers.

Key Performance Indicators

• Timeliness of monthly stock count report.


• Accuracy of the inventory valuation reports.


• Timeliness of reporting monthly stock consumption and reconciliation


• Ensure accuracy of the inventory valuation report.


• Provision of timely inventory reports that helps in gaining visibility across the company.


• Ensure timely reconciliation of sales order reports before posting into the system.


• Timely review and validation of monthly GP reports via reconciliation of inward and outward inventory transfer within the units.


• Timeliness of stock usage and variance analysis.


• Timelines of cost of sales report for monthly profit or loss.

Knowledge Requirements

• Knowledge of Basic Bookkeeping and accounting receivables principles


• Knowledge of General accounting principles


• Knowledge of regulatory standards and compliance requirements


• Knowledge of managing accounting figures and financial records


• Demonstrates data entry skills with a knack for numbers


• Knowledge of accounting software

Job Specifications

• A good first degree in Accounting or Finance


• Membership of ICAN, ACCA, or any other related professional degree is an added advantage


• Minimum of  3- 4 years’ experience in a similar role is required

Decision Expectations

• Generate financial statements and reports detailing accounts receivable status


• Send clients complete, itemized invoice that clearly states financial terms and provides instructions for remitting payment.


• Identify and create solutions to recurring payment issues


• Remind clients at, or just before the due date, of the payment requirement.


• Support other accounting functions