Inventory Officer

The Label Store is a dynamic retail business that caters to a diverse range of customer needs. In addition to clothing and accessories, they also offer a carefully curated selection of groceries. With an emphasis on high quality and healthy products, the Label Store's grocery section is a favorite among health conscious shoppers. From fresh produce to pantry staples, the Label Store ensures that all of their products meet strict quality standards. With a dedication to offering an unparalleled shopping experience, the Label Store has become a one-stop-shop for customers looking for fashion forward clothing, stylish accessoriesand wholesome groceries.

We are recruiting to fill the position below:

Job Title: Inventory Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• We are looking for a diligent and detail-oriented Inventory Officer to manage and monitor the company’s stock levels, inventory records, stock movements, and reconciliations.
• The ideal candidate should be able to maintain accurate inventory records, identify discrepancies, and ensure that stock is properly received, stored, issued, and accounted for.

Responsibilities

• Monitor and maintain accurate records of all stock received, transferred, issued, and sold.
• Conduct regular physical stock counts and reconcile physical stock with system records.
• Receive and verify goods delivered to the company against invoices, delivery notes, and purchase orders.
• Inspect received goods for quantity, quality, damages, and expiry dates where applicable.
• Ensure proper arrangement, labelling, and storage of goods to facilitate easy identification and stock control.
• Monitor stock levels and promptly report low-stock, excess-stock, damaged, expired, or slow-moving items.
• Investigate and report inventory discrepancies, shortages, and variances.
• Maintain accurate records of stock transfers between branches, departments, and storage areas.
• Prepare daily, weekly, and monthly inventory reports for management.
• Monitor stock movement and ensure that all stock issued or transferred is properly documented.
• Work closely with the Accounts, Procurement, Sales, and Store teams to ensure proper inventory control.
• Assist in periodic stock-taking exercises and ensure proper documentation of stock counts.
• Monitor products approaching expiry and ensure appropriate action is taken to minimise losses.
• Ensure compliance with the company’s inventory control procedures and policies.
• Perform other inventory-related duties as assigned by management.

Requirements

• Minimum of B.Sc., HND, or OND in Accounting, Business Administration, Supply Chain Management, Logistics, or a related field.
• Candidates residing in Magodo Phase 1, Ketu-Alapere, Ibafo, Mowe, Ikeja, Ogba, Ikosi, and surrounding areas will be given preference.
• Previous experience in inventory management, stock control, warehousing, or a similar role.
• Good knowledge of stock management and inventory control procedures.
• Proficiency in Microsoft Excel and inventory/accounting software.
• Strong numerical and analytical skills.
• Excellent attention to detail and accuracy.
• Good organisational and record-keeping skills.
• Ability to identify and investigate stock discrepancies.
• Good communication and teamwork skills.
• Previous experience in a supermarket, retail, FMCG, or similar business environment will be an added advantage.

Salary
N130,000 - N150,000 per month.