Inventory Accountant Job in Lagos at HealthPlus Limited

HealthPlus Limited is Nigeria’s 1st Integrative Pharmacy, the fastest growing pharmacy chain in West Africa.

As we expand our frontiers to redefine the world of health & beauty in Nigeria, we are looking for amazing and smart people who will roll up their sleeves and share our passion & success. People who will join our team of highly motivated professionals who get the job done!

HealthPlus Limited is recruiting to fill the position of:

Job Title: Inventory Accountant
Job Description

Key elements of the role

  • Report to the Chief Financial Officer
  • Assist in establishing and implementing inventory policies and procedures
  • Report shortfalls and surplus inventory weekly and monthly for replenishment
  • To ensure effective liaison between the supply chain management team, audit, user departments and the finance department on matters relating to inventory management
  • Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments
  • Handle goods returns by adjusting the stock item out of the vendors account and printing the adjusted vendors invoice and passing same to the storekeeper and the accounts payable accountant
  • Perform margin analysis by SKU, category and by branch
  • Responsible for communicating with all department managers and purchasing on inventory levels and locations
  • Alert management on bad stock management practices noticed and initiate actions to mitigate possible losses
  • Ensure proper, accurate, timely and relevant financial records are maintained
  • Maintain and update the inventory data base of the company
  • Ensure that there are duly authorized documentary approvals for every data that is to be entered into the inventory data base
  • Ensure that goods received by warehouse are matched with the actual invoices from the suppliers in the ERP system
  • Coordinate with warehouse team to implement and ensure control system to reduce damage, breakage and inventory obsolescence
  • Assist other functional units within the Finance team in carrying out jobs as and when required by the management
  • Maintain acceptable and accurate inventory levels at warehouse and retail outlets
  • Support annual physical inventory process across branch network
  • Work closely with Purchasing department, Warehousing Operations, and Branch management to assure proper inventory control and accounting practices
  • Support the Company budgeting process with account analysis
  • Coordinate with accounting to ensure that all product costs are properly taken in the cost of sales and inventory costs

Desired Skills & Experience

  • Bachelor’s degree in Accounting with 5 years relevant experience
  • Ability to handle people, processes and products
  • Excellent organisational skills
  • High standard of attention to detail
  • Good problem solving and decision making skills
  • Good negotiation and persuasion skills
  • Strong proficiency in the use of Microsoft Office Suite
  • Sound analytical and strategic thinking skills
  • Influential leadership, managerial and communications skills
  • Innovative and forward thinking, with a track record of executing new ideas
  • An understanding of GAAP in relation to inventory
  • Familiar with the Group’s ERP

Salary is negotiable based on experience and qualifications

How to Apply

Interested and qualified candidates should send a one page summary of their most significant achievements for the last 5 years alongside their application letter, a detailed CV and relevant copies of credentials to: [email protected]
Or to:

The Human Resources Department,
HealthPlus Pharmacy Limited,
11b Victoria Arobieke Street,
Off Admiralty Way,
Lekki Phase 1,
Lagos State.

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