Inventory Control Accountant at Golden Penny Foods - Flour Mills of Nigeria Plc

Flour Mills of Nigeria Plc has been a part of the lives of Nigerians at home and abroad. Our global vision is to be a leading foods company in Africa providing high quality and affordable products in the most convenient ways to consumers through world class brands like Golden Penny Flour, Golden Penny Semovita, Goldenvita, Golden Pasta and Golden Noodles. The Company's flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria.

We are recruiting to fill the position below:

Job Title: Inventory Control Accountant

Location: Apapa, Lagos

Purpose

• To effectively monitor all inventory transactions relating to production materials, finished goods, engineering spares, and other stock items to prevent financial exposure and ensure accurate financial control of inventory within Flour Operations.

The Job 

• Ensure all inventory transactions and stock transfers are correctly posted in the system.
• Perform monthly reconciliation of inventory sub-ledger with the general ledger and resolve all variances.
• Ensure adequate provision is made for stock losses and prevent prior-year adjustments.
• Implement proper controls and approval processes for stock write-offs.
• Monitor stock status to ensure correct item setup and accurate costing at all times.
• Ensure there are no negative stock balances or incorrect inventory postings.
• Monitor transit locations to ensure transfers are completed within standard timelines.
• Reconcile manual inventory records with system records to ensure accuracy.
• Prepare weekly and monthly inventory reports, including movement analysis and stock level reviews.
• Ensure all spare parts transactions are correctly recorded and monitored.

Qualifications

• B.Sc. / HND in Accounting, Finance, Economics, or related Social Science discipline.
• Professional qualification (ACA /ACCA or equivalent) is required.
• Master’s degree will be an added advantage.

Experience:

• Minimum of 5 years’ experience, with at least 3 years in manufacturing finance or inventory control.
• Experience in FMCG or manufacturing environment will be an added advantage.

The Person Must:

• Have good interpersonal and communication skills
• Possess strong analytical and problem-solving skills.
• Have good knowledge of inventory control and manufacturing finance.
• Be able to work under strict deadlines and reporting timelines.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online