Inventory Control & Loss Prevention Manager at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
14 days ago

Additional Details

Job ID
150836
Job Views
31

Job Description






Key Responsibilities

Loss Prevention & Shrinkage Control;




  • Develop and implement loss prevention policies, SOPs, and control measures.

  • Monitor and reduce inventory shrinkage, pilferage, damages, fraud, and operational losses.

  • Conduct regular store inspections, surprise checks, and compliance audits.

  • Investigate theft, fraud, stock manipulation, and suspicious activities.

  • Monitor high-value, fast-moving, and sensitive inventory categories.



Stock Take & Inventory Management:




  • Plan and execute periodic stock counts, cycle counts, and physical inventory( as per agreed frequency by Management).

  • Lead and supervise stock take teams across stores and warehouses.

  • Ensure accurate counting, tagging, reconciliation, and reporting of inventory.

  • Analyze stock variances and identify root causes.

  • Coordinate recounts and corrective actions where necessary.

  • Ensure proper recording of damaged, expired, obsolete, and slow-moving stock.



Operational Controls & Compliance:




  • Ensure compliance with Retail Operation procedures and company SOPs.

  • Review receiving, transfer, return, dispatch, and adjustment processes.

  • Review billing, discounting, and return processes.

  • Monitor ERP inventory transactions and stock movement controls.

  • Ensure proper documentation and authorization for stock adjustments.

  • Support internal and external audit requirements.



Security & Surveillance Management:




  • Monitor CCTV systems and store security controls.

  • Coordinate with security agencies and store management.

  • Ensure implementation of access control and stock protection measures.

  • Maintain incident and investigation records.



Reporting & Analysis:




  • Prepare daily, weekly, and monthly shrinkage and stock variance reports.

  • Maintain KPI dashboards related to inventory accuracy and loss prevention.

  • Present findings, trends, and corrective action recommendations to management.

  • Track action closure for audit and investigation observations.



Team Management & Training:




  • Supervise stock counters and loss prevention staff.

  • Train store employees on inventory controls, SOPs, and fraud prevention awareness.

  • Allocate duties and monitor team productivity during stock take exercises.



Qualification & Experience




  • Bachelor’s degree in Accounting, Supply Chain, Business Administration, Logistics, or related field.

  • 8–10 years of experience in retail inventory control, stock audit, loss prevention, or warehouse operations.

  • Experience in large-format retail/store operations preferred.

  • ERP system experience is mandatory.



Required Skills:




  • Strong analytical and investigation skills

  • Retail inventory and warehouse control knowledge

  • Stock take management expertise

  • Retail Operational SOP/Process & control knowledge

  • ERP and inventory software proficiency

  • CCTV and security systems understanding

  • Leadership and team management capability

  • High level of integrity and attention to detail



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