MTN Nigeria - The leader in telecommunications in Nigeria, and a part of a diverse community in Africa and the Middle East, our brand is instantly recognisable. It is through our compelling brand that we are able to attract the right talents who we carefully nurture by continuously improving our employment offerings even beyond reward and recognition.
We are recruiting to fill the position below:
Job Title: Manager - Inventory Management
Job Identification: 7365 Location: Ikoyi, Lagos
Reports To: Senior Manager - Planning and Fulfilment
Division: Finance
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.
Requirements
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.