Inventory Officer

• Implement and maintain inventory control systems to accurately track stock levels, movements, and stock valuation.
• Conduct regular physical inventory counts to reconcile actual stock levels with recorded quantities.
• Monitor stock levels and collaborate with the purchasing department to ensure timely replenishment and avoid stockouts or overstock situations.
• Identify slow-moving or obsolete items and propose strategies for their disposal or liquidation.
• Accurately record all inventory transactions, including receipts, issues, transfers, and adjustments, in the inventory management system.
• Maintain up-to-date and organised inventory records, ensuring data integrity and accessibility for reporting and analysis.
• Generate regular inventory reports, such as stock status and consumption trends (using Stock Ledgers, Ledger Cards, Bin Cards, etc.) to aid in decision-making processes.
• Reconcile physical stock counts with inventory records, investigate and resolve discrepancies or variances.
• Monitor inventory accuracy and propose process improvements to enhance inventory control measures and minimise errors.
• Work closely with finance and operations, to forecast inventory needs, plan stock movements, and optimise inventory levels.
• Liaise with suppliers and vendors to resolve issues related to order discrepancies, damaged goods, or return requests.
• Maintain proper documentation of inventory-related activities, including purchase orders, delivery receipts, and stock adjustment forms.
• Rotate stock and coordinate the disposal of surpluses.
• Perform other stock-related duties, including returning, packing, pricing, and labelling supplies.
• Other tasks that may be assigned by Supervisor

Required

• Minimum of a first degree or a Higher National Diploma in Accounting, Finance, Economics, Business Administration or any related discipline (with a minimum of a 2:1).
• 2-3 years' work experience in the inventory management function in a similar organisation within the power industry
• Knowledge of proper bookkeeping and inventory management.
• Intermediate knowledge and use of Microsoft Office Suite (MS Word, Excel, PowerPoint, etc.)

Job Type: Full-time