Stock Controller at Genesis Cinemas at Genesis Deluxe Cinemas (GDC)

Job Summary

• You will be responsible for ensuring accurate and efficient management of stocks with correct stock entries which are updated in a timely manner.
• You will work closely with the Cost Controller, Lagos to ensure that stock control procedures are in place and adhered to in order to safeguard company inventory, minimize the risks associated with inventory loss and optimize stocks in trade.

Role & Responsibilities

• Implement and maintain accurate procedures for all inventory control processes and functions,
• Accountable for the implementation of audit recommendations on inventory management processes and systems,
• Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all relevant stakeholders.
• Ensure all stock movements are tracked daily end to end via requisite systems (Inventory Module, Navision) and variances therewith reconciled and reported.
• Ensure integrity and accuracy of the inventory management system,
• Work with the Cost Controller, Lagos to manage controls to reduce inventory loss, implement measures to ensure mistakes, inaccuracies and discrepancies are highlighted, addressed and resolved,
• Conduct inventory stock takes and inventory accuracy checks.
• Conduct stock reconciliations of physical counts and highlight variances to the relevant stakeholders,
• Participate in scheduled and annual stock counts, preparation of stock position reports and sign-off records submission for further actions,
• Management of the stakeholders' relationship and ensuring partnerships are struck to support internal controls in safeguarding company inventory.
• Analyze inventory data to ensure uninterrupted availability of stock and optimize stocks in trade.
• Produce weekly reports to ensure critical areas of the inventory management system (covering both sales and spares) are controlled and any discrepancies addressed and resolved,
• Work with Cost Controller, Lagos in carrying out assessments of the supply chain to identify risks. develop and implement solutions useful in minimizing losses,

Key Performance Indicators

• Manage, monitor, reconcile and account for stocks.
• Inventory Management:
  • Inventory turnover,
  • Inventory days,
  • Stock-out,
  • Stock loss ratio.
• Report on all stock movements and stock positions daily, weekly and monthly.
• Work with the Cost controller, Lagos and relevant stakeholders to prepare forecast and demand to prevent overstocking and running out-of-stock (OOS).
• Assist in implementing inventory policies and procedures.

Requirements

• Candidates should possess a Bachelor's Degree with 1 - 2 years work experience