Inventory Associate at Food Concepts Plc

Job Purpose

• To assist in the day to day administration of stock movements across business divisions s

Core Responsibilities and Key Result Areas

Inventory Management

• Receive documents for stock transfers and check for correctness.
• Assist in monitoring daily stock movement   i.e Inter-store transfers
• Assist in the computation of direct cost, Diesel Usage, Gas consumption & General Consumable and post into the respective ledgers
• Assist in Reconcile store by store Cost of Sales, Diesel, Gas & General consumables reconciliation with store managers
• Participate in periodic stock count exercises.

Analysis and Reporting

• Assist in Compilation of monthly stock count report
• Assist in performing valuation of all closing stock includes diesel, Gas and other consumables
• Assist in the reconciliation of stock count sheet with GP report from QSR store
• Key Performance Indicators
• Timeliness of stock usage and variance analysis
• Timelines of cost of sales report for monthly profit or loss
• Timeliness of monthly stock count report
• Accuracy of the inventory valuation reports

Knowledge Requirements

• Basic accounting knowledge of double entries, stock controls and stock management
• Knowledge of various inventory methods

Job Specifications

• A good first degree (BSC/HND) in Accounting  or Finance
• Membership of the ICAN ACCA would be an added advantage
• Minimum of 1 year’s experience in Accounting field.

Decision Expectations

• Monitor daily stock movement
• Reconciles inventory ledgers with inventory valuation report