Inventory Officer at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
4 months ago

Additional Details

Job ID
137536
Job Views
60

Job Description






Job Summary




  • The Inventory Officer is responsible for tracking and reconciling inventory records, ensuring accurate reporting of stock levels, and maintaining strong internal controls.

  • This role supports financial reporting by ensuring that all inventory transactions are properly recorded and aligned with financial records.



Key Duties and Responsibilities




  • Maintain accurate and up-to-date inventory records in coordination with the store team, ensuring all transactions are properly documented and recorded daily in NetSuite, while generating weekly and monthly inventory reports.

  • Monitor stock movements, reconcile discrepancies between physical counts and system records, and conduct periodic and spot inventory audits to identify and investigate variances.

  • Ensure compliance with internal control procedures to safeguard company assets, prevent fraud or mismanagement, and verify that all stock transactions align with procurement approvals and company policies.

  • Support the procurement and finance teams with data analysis related to inventory trends and stock optimization while recommending process improvements for accuracy and efficiency.

  • Maintain proper documentation of all inventory adjustments, transfers, and write-offs for audit purposes.

  • Monitoring stock levels, generating purchase requests as needed, and ensuring FIFO is followed in stock issuance.

  • Inspect all supplies upon receipt to ensure they meet company standards and are stored appropriately.

  • Ensure proper issuance of stock to the kitchen and record transactions.



Requirements




  • Bachelor’s Degree or its equivalent in Accounting or a related discipline.

  • Minimum of three (3) years of relevant work experience in Inventory and Material Management.



Skills and Competencies:




  • Good data gathering, analysis and problem-solving skills

  • High ethical standards and integrity.

  • Proficiency in the use of MS Office tools e.g. Excel, MS Word.

  • Proficiency in the use of Inventory Management.



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