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Nigeria Inventory Associate

  • Location
    (NIGERIA) and Lagos
  • Job Reference
  • Functional Area/Experience
    Business, Accounting & Finance / 1 Year

Job Description & Qualifications

To assist in the day to day administration of stock movements across business divisions s

Core Responsibilities and Key Result Areas

Inventory Management

  • Receive documents for stock transfers and check for correctness.
  • Assist in monitoring daily stock movement   i.e Inter-store transfers
  • Assist in the computation of direct cost, Diesel Usage, Gas consumption & General Consumable and post into the respective ledgers
  • Assist in Reconcile store by store Cost of Sales, Diesel, Gas & General consumables reconciliation with store managers
  • Participate in periodic stock count exercises.

Analysis and Reporting

  • Assist in Compilation of monthly stock count report
  • Assist in performing valuation of all closing stock includes diesel, Gas and other consumables
  • Assist in the reconciliation of stock count sheet with GP report from QSR store

Key Performance Indicators

  • Timeliness of stock usage and variance analysis
  • Timelines of cost of sales report for monthly profit or loss
  • Timeliness of monthly stock count report
  • Accuracy of the inventory valuation reports


  • A good first degree (BSC/HND) in Accounting  or Finance
  • Membership of the ICAN ACCA would be an added advantage
  • Minimum of 1 year’s experience in Accounting field.

Decision Expectations

  • Monitor daily stock movement
  • Reconciles inventory ledgers with inventory valuation report

Working Conditions

Jobholder typically work 40 hours per week, Monday to Friday, although some roles may involve weekend or evening work. This role is largely office-based, although at times the job may require travel to meetings held off-site, or speaking on the phone. Jobholder must be exact in their work and be sure all details such as the stock/ asset report is accurate or void of errors, hence, the job is one to be under the best conditions.

Job Skills/Competencies Required

  • Basic accounting knowledge of double entries, stock controls and stock management
  • Knowledge of various inventory methods