Inventory Officer at Elizabeth Maddeux

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
1 day ago

Additional Details

Job ID
122361
Job Views
23

Job Description






Role Overview




  • The Inventory Officer is responsible for managing and maintaining accurate records of all inventory-related activities in the hospitality business.

  • This role ensures efficient stock management, minimizes losses, and supports operational efficiency by monitoring inventory levels, conducting audits, and coordinating with procurement and operations teams.



Key Responsibilities




  • Oversee the receipt, storage, and distribution of goods to ensure accurate inventory records.

  • Maintain up-to-date stock records and reconcile physical inventory with system records.

  • Implement inventory control procedures to prevent stock shortages, overstocking, and losses.

  • Conduct regular stock audits and cycle counts to ensure accuracy and identify discrepancies.

  • Monitor inventory usage patterns and provide reports on slow-moving or obsolete stock.

  • Ensure proper labeling and categorization of inventory items for easy tracking.

  • Coordinate with the procurement team to ensure timely replenishment of stock based on operational needs.

  • Work closely with the kitchen, housekeeping, and other relevant departments to align inventory levels with business demand.

  • Develop and enforce standard operating procedures for stock handling, storage, and security.

  • Investigate inventory variances and recommend corrective actions to management.

  • Optimize storage space and ensure compliance with health, safety, and hygiene regulations.

  • Generate regular reports on stock levels, consumption trends, and wastage for management review.

  • Manage inventory databases and ensure proper documentation for audits and compliance.

  • Train staff on proper inventory handling and stock management procedures.

  • Ensure inventory control measures align with cost reduction strategies while maintaining product quality.

  • Develop strategies for reducing waste and improving stock turnover efficiency.

  • Monitor perishable goods to ensure proper stock rotation (FIFO & FEFO) and prevent spoilage.

  • Collaborate with suppliers to track and verify incoming shipments and resolve discrepancies.

  • Maintain accurate records of damaged, expired, or returned goods and report findings to management.

  • Ensure all inventory-related transactions are accurately recorded in the system in real time.

  • Assist in forecasting inventory needs based on historical data and business trends.

  • Work with IT and Finance teams to improve inventory tracking systems and data accuracy.

  • Assist in cost analysis and budgeting for inventory purchases to optimize procurement spending.

  • Ensure compliance with all company policies, industry regulations, and safety standards related to inventory management.



Requirements




  • Bachelor's degree or HND in Supply Chain Management, Business Administration, Accounting, or a related field.

  • Minimum of 2-3 years of experience in inventory management, preferably in the hospitality industry.

  • Strong knowledge of inventory control practices, stock management, and audit procedures.

  • Proficiency in inventory management software and Microsoft Office Suite (Excel, Word).

  • Strong analytical and problem-solving skills with attention to detail.

  • Excellent organizational and time management skills.

  • Ability to work in a fast-paced hospitality environment and manage multiple inventory categories.

  • High level of integrity, accountability, and professionalism.



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