Inventory Manager - Electronics Retail at Prestigious Consulting Group

Job Summary

• We are seeking a detail-oriented and responsible Inventory Manager to oversee stock management across the company's operations.
• The successful candidate will ensure accurate inventory records, proper stock movement, timely stock counts, and effective control of inventory losses and discrepancies.

Key Responsibilities

• Maintain accurate records of all stock received, sold, transferred, returned, or damaged.
• Receive and verify products against invoices and delivery documents.
• Monitor stock levels across branches and ensure timely replenishment.
• Conduct regular physical stock counts and reconcile with system records.
• Track and document inter-branch stock transfers.
• Identify and investigate stock shortages, excesses, damages, and discrepancies.
• Monitor fast-moving, slow-moving, and obsolete products.
• Prepare weekly and monthly inventory reports for Management.
• Ensure proper storage and organisation of products.
• Work with the Accountant and Branch Managers to reconcile inventory and sales records.
• Implement measures to reduce stock losses, theft, damages, and revenue leakage.
• Maintain proper documentation for all inventory transactions.
• Support inventory audits and other stock-related activities.
• Perform other duties assigned by Management.

Key Performance Indicators (KPIs)

• Inventory record accuracy.
• Reduction in stock shortages and unexplained variances.
• Timely completion of stock counts and reports.
• Accuracy of stock transfers and adjustments.
• Reduction in damaged, lost, and obsolete stock.
• Proper documentation of inventory transactions.
• Compliance with inventory procedures and controls.

Requirements

• OND, HND, or Bachelor's Degree in Accounting, Business Administration, Supply Chain, Logistics, or a related field.
• 2–3 years of experience in inventory, stock control, warehouse, or retail operations.
• Experience in electronics or multi-branch retail is an advantage.
• Good knowledge of inventory management and stock reconciliation.
• Proficiency in Microsoft Excel and inventory management systems.
• Strong numerical, organisational, and analytical skills.
• High attention to detail, integrity, and accountability.
• Ability to work independently and meet deadlines.