Account Officer, Inventory at Dangote

Description

• We are looking for an experienced Account Officer, Inventory to oversee all inventory transactions and assure the completeness and accuracy of inventory costs.

Key Duties and Responsibilities:

• Monitor inventory levels, ensure accuracy and adequacy of stock.
• Implement efficient inventory control procedures to optimize stock levels and minimize carrying stock.
• Record all inventory movements, purchases and adjustments accurately.
• Prepare and analyze inventory report, detailing stock levels, usage and discrepancies.
• Perform regular reconciliation of inventory accounts to ensure accuracy.
• Maintain proper documentation and records related to inventory transactions and adjustments.
• Organize and coordinate periodic physical inventory counts and cycle counts in line with DCP's inventory management policies and highlight variances.
• Carry out valuation of stock after each count and identify obsolete or disused stock for disposal and write-off.
• Revalue inventory at the new approved standard rates on a periodic basis.
• Maintain the general ledger for DCP's inventory.
• Collaborate with procurement, production, and logistics team to streamline inventory movement and resolve discrepancies.
• Perform period closing and related activities for reconciliation of inventory to general ledger.

Requirements

Education and Work Experience:

• Bachelor’s degree or its equivalent in Accounting or related discipline.
• Professional certification from a recognized body (e.g. ICAN, ACCA) will be an added advantage.
• Minimum of 3 – 9 years of relevant work experience.

Skills and Competencies:

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Advanced accounting knowledge, including experience with International Financial Reporting Standards (IFRS).
• Working knowledge and demonstrated experience in the use of accounting packages and systems, including SAP.
• Ability to gather, collate and analyze information/ data effectively and efficiently.
• Good problem-solving skills.
• Attention to detail.
• Good interpersonal relationships and people management skills.
• Good oral and written communication skills.
• High ethical standards and integrity.
• Proficiency in the use of MS Office tools.