Inventory Auditor
Progiant Media
lagos, NG
6d ago
source : Mrjobsnaija

Progiant Media's job vacancy, Career and Recruitment

Job title : Inventory Auditor jobs in Lagos Job Location : Lagos Deadline : February 04, 2022

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  • Location : Lekki, Lagos

    Start Date : Immediately

    Job Summary

  • Inventory auditor is responsible for ensuring accurate counts of inventory stock, identify discrepancies and must document it according to company protocols.
  • Ensure to find the source of the inaccuracy, and find ways to reduce or eliminate future inventory errors.
  • Job Description

  • The Inventory is at the heart of efficiency at Vitalvida.
  • The Inventory Auditor is crucial to support lean production efficiency drive.
  • Manage flow of inventory in a manner that efficiently manage flow of information to accommodate forecasted demand from Production
  • Monitor material usage for efficiency and minimise operational wastage
  • Clear inventory at all times from gluts by raising issues when inventory levels are high; and shortage when inventory levels are low
  • Oversee stock counting exercises for preciseness and against errors.
  • Duties

  • Work with the head of production to plan usage of materials
  • Define monthly inventory levels for all materials in custody
  • Review the Bill of Material templates for all products to develop an understanding of raw material needs per product
  • Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
  • Forecast inventory requirements weekly
  • Review sales forecasts and customer demands to understand the product demands in the market for each season
  • Plan the procurement process based on the production plan forecast, available raw materials and lead time
  • Provide inventory data to the accounting department weekly.
  • Inventory Order Management :

  • Monitor movement of goods in the inventory stores i.e. receiving and delivering goods from the warehouse
  • Monitor raw materials in warehouse and finished goods in inventory stores for space management and proper management
  • Monitor stock levels in raw materials warehouse and finished products stores to ensure efficient inventory management
  • Evaluate raw materials waste vis-a-via production efficiency and capacity and report to management
  • Monitor monthly stock usage.
  • Stock Counting :

  • Plan for monthly stock counting exercise with Audit
  • Ensure that inventory count figures is at fingertips at any point
  • Ensure complete stock accounting of raw materials and finished goods.
  • Responsibilities

  • Document counts of all inventory received in the warehouse
  • Do counts of all merchandise housed with delivery agents
  • Perform continuous accuracy check of inventory stock quantity records of material control and accounting purposes.
  • Review inventory reports and locate discrepancies in data.
  • Perform financial reporting by importing current audits and past audits in order to compare and contrast in Google sheet, Interview Telesales Reps, Delivery Agents in order to verify questionable store.
  • Execute the closing process / journal entries reporting by generating a report for management.
  • Virtually count inventory using the equipment, with a primary focus on accuracy and control.
  • Work with teams of varying sizes while maintaining proper workflow procedures.
  • Routinely check over delivery agents to ensure maximum control against thefts and general losses.
  • Budgeting and Reporting :

  • Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
  • Align with production manager on cost control programs
  • Analyse budget, continuously control procurement cost; identify
  • Prepare and maintain regular inventory reports
  • Communicate any problems or obstacles to senior management
  • Evaluate performance and advise accordingly.
  • Prepare procurement plans and progress reports as required
  • Assist in measuring and assessing the performance of the company
  • Establish performance goals for procurement and inventory department.
  • Monitor and report various metrics used by the department.
  • Innovation and Process Improvement :

  • Suggest and support improvement process within the production process
  • Recommend cost reduction initiatives
  • Suggest process improvements to enhance production quality and capacity
  • Develop production program and guidelines to support company objectives
  • Qualifications

  • Minimum of First Degree
  • Four (4) years of warehouse Audit experience, preferably in inventory
  • Proficiency in use of Excel and ERP Ûªs
  • The ability to stand and walk for extended periods.
  • Must be able to work physically in Lekki Phase 1.
  • Accounting / Financial Services jobs in Nigeria *Accounting / Financial Services jobs in Lagos *Inventory Auditor in Lagos
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