Inventory Officer

Responsibilities:

• Issuing out daily materials for production to the production department.
• Generate daily reports inventory and stock levels
• Monitor and control inventory levels, tracking stock movements, and conducting regular stock counts to ensure accuracy and completeness of inventory records.
• Receive, inspect, and record incoming inventory items, verifying quantities, quality, and condition of goods received against purchase orders and receipts.
• Update the inventory database and bin card to reflect stock transactions, adjustments, and movements, maintaining up-to-date and accurate inventory records.
• Generate inventory reports, including stock levels, aging analysis, and inventory turnover ratios, to assess inventory performance and identify trends or issues.
• Coordinate with procurement and purchasing teams to place orders for replenishment stock, ensuring timely delivery and availability of inventory items.
• Implement inventory control measures, such as FIFO (first in, first out) or LIFO (last in, first out), to optimize inventory turnover and minimize obsolescence.
• Conduct regular inventory audits, reconciling physical stock counts with inventory records, investigating discrepancies, and resolving inventory variances.
• Identify and investigate inventory discrepancies, stock shortages, or surplus inventory, conducting root cause analysis and implementing corrective actions.
• Collaborate with warehouse and logistics teams to ensure efficient storage, handling, and distribution of inventory items, optimizing warehouse layout and organization.
• Implement inventory management best practices, standard operating procedures (SOPs), and quality standards to improve efficiency and accuracy in inventory control processes.
• Supervise the loading of vehicle for delivery.
• Generating and issuing waybill and delivery notes

Requirements:

Education:

• Bachelor's degree in Accounting, or related field preferred.
• Professional certification is a plus.

Experience:

• A minimum of 3 years of experience in a similar role
• Previous experience in store/inventory

Software Proficiency:

• Proficient in Microsoft Office.
• Proficiency in Sage 50 is an added advantage.
• Analytical Skills: Ability to work in a fast-paced and dynamic office environment.
• Communication Skills: Excellent organizational and communication skills.
• Strong attention to detail and accuracy in record-keeping.
• Team Collaboration: Demonstrated ability to work independently and as part of a team in a fast-paced environment
• Adaptability: Ability to adapt to changing priorities and handle multiple tasks simultaneously.