Manager - Inventory Management Finance at MTN Nigeria

Mission:

• Ensure end-to-end integrity and IFRS-compliant financial control of inventory and WIP by maintaining accurate valuation, reconciliation, and reporting across the ERP (GL and sub-ledger).
• Partner with Logistics and project teams to strengthen inventory governance, forecasting and budgeting, variance resolution, and actionable insights that optimize working capital and operational performance.

Description:

• Ensure appropriate and accurate inventory information in the ERP system. That includes the managing of IFS in terms of setup, user utilization and flow of information into the general ledger for reconciliation purposes.
• Leverage enterprise resource planning (ERP) systems and inventory management software to monitor inventory, streamline operations, and generate real-time reports.
• Ensure seamless integration between inventory systems and other organizational tools.
• Optimize workflows to improve inventory turnover and reduce waste through data-driven decision-making.
• Oversee inventory audits, cycle counts, and reconciliations to ensure accuracy and compliance with company policies.
• Address discrepancies proactively, analysing root causes and implementing corrective actions.
• Establish inventory control policies to safeguard against theft, obsolescence, and damage.
• Ensure compliance with regulatory requirements and internal controls related to inventory management.
• Ensure maintenance of oracle perpetual inventory system and periodic analysis of sub ledger information.
• Monitor stock counts at primary warehouses and regional warehouses to ensure that stock quantities are accurate, stock count procedures are complied with and assist in processing claims/recovery for stock losses.
• Implement the company inventory policies and procedure in accordance with MTN accounting policy and IFRS
• Oversee and ensure that all receiving paperwork is in order and match the quantity, type, size and style loaded
• Develop and track key performance indicators (KPIs) such as inventory turnover ratio, stock accuracy, and carrying costs.
• Provide regular reports and insights to senior management to support strategic decision-making.
• Ensure improved control through implementation of EAM/Fixed Assets/ Logistics agreed PPP
• Ensure accuracy and correctness of inventory Database
• Leverage enterprise resource planning (ERP) systems and inventory management software to monitor inventory, streamline operations, and generate real-time Inventory management’s reports.
• Ensure seamless integration between inventory systems and other organizational tools.
• Optimize workflows to improve inventory turnover and reduce waste through data-driven decision-making.
• Analyze historical data and system forecasts to identify trends and optimize inventory management strategies.
• Oversee inventory audits, cycle counts, and reconciliations to ensure accuracy and compliance with company policies.
• Address discrepancies proactively, analyzing root causes and implementing corrective actions.
• Establish inventory control policies to safeguard against theft, obsolescence, and damage.
• Ensure compliance with regulatory requirements and internal controls related to inventory management.
• Drive continuous improvement initiatives to enhance operational efficiency and reduce costs.

Education:

• First degree in Engineering or Supply Chain Management or Finance or any related discipline
• Fluent in English

Experience:

6 - 13 years’ experience which includes:

• Experience working in a medium organization.
• Experience in a Radio and Microwave Projects delivery
• Experience in operations or planning background in Telecommunications.
• Project Management certification experience 
• High Proficiency in Excel and PowerPoint Usage