Inventory Accountant Job at Healthplus Limited

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Job Title: Inventory Accountant

Company: HealthPlus Limited

Location: Nigeria

Job Type: Full Time

Qualification: BA/BSc/HND  

Experience: 5 years

Job Field: Finance / Accounting / Audit

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HealthPlus Limited is Nigeria's 1st Integrative Pharmacy, the fastest growing pharmacy chain in West Africa. Since 1999, we have been committed to our mission of helping people achieve optimum health & vitality. In 2010, a sister company was birthed – CasaBella International Limited. CasaBella, a one-stop store for beauty and grooming solutions is now a retail chain and a household name.

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Job description: – 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 – 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 – 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 – 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 – Perform margin analysis by SKU, category and by branch – Responsible for communicating with all department managers and purchasing on inventory levels and locations – 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.

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Desired Skills and Experience: – Bachelor's degree in Accounting with 5 years relevant experience – Ability to handle people, processes and products – 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 – 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.

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