Finance Manager, Inventory at Dangote

Summary

• The Finance Manager, Inventory  will be responsible for overseeing all inventory-related financial transactions, ensuring the completeness and accuracy of inventory records, and maintaining strong internal controls.
• This role plays a critical part in aligning inventory valuation with corporate standards and supporting smooth financial closing activities.

Key Responsibilities

• Organize and coordinate periodic physical inventory counts and cycle counts in accordance with DCT's inventory management policies.
• Identify and report inventory variances and ensure timely resolution.
• Perform inventory valuation after each physical count and determine obsolete or slow-moving items for write-off or disposal.
• Conduct periodic revaluation of inventory based on new approved standard rates.
• Maintain and monitor the accuracy of inventory accounts in the general ledger.
• Perform month-end and year-end closing activities, ensuring timely reconciliation of inventory to general ledger.
• Ensure compliance with internal controls and audit requirements related to inventory management.
• Support continuous improvement initiatives to enhance inventory accuracy and cost efficiency.

Education & Work Experience

• Bachelor’s Degree in Accounting or a related discipline.
• Professional accounting certification (e.g., ICAN, ACCA) is an added advantage.
• Minimum of 10 years of relevant work experience in inventory management or related finance roles.

Skills & Competencies:

• Strong understanding of the logistics industry, including trends and regulatory requirements.
• Advanced knowledge of accounting principles and IFRS reporting standards.
• Hands-on experience with ERP/inventory management systems, especially SAP.
• Strong data gathering, analysis, and reporting skills.
• Excellent problem-solving and decision-making abilities.
• High attention to detail and accuracy.
• Strong interpersonal and people management skills.
• Excellent written and verbal communication skills.
• Demonstrated integrity and high ethical standards.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).