Account Officer, Inventory at Dangote

The Dangote Group is one of the most diversified business conglomerates in Africa with a hard-earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.
The Group’s activities encompass:

Cement – Manufacturing / Importing
Sugar – Manufacturing & Refining
Salt – Refining
Flour & Semolina – Milling
Pasta – Manufacturing
Noodles – Manufacturing
Poly Products – Manufacturing
Logistics – Port Management and Haulage
Real Estate
Dangote Foundation

Since inception, the Group has experienced phenomenal growth on account of quality of its goods and services, its focus on cost leadership and efficiency of its human capital. Today, Dangote Group is a multi-billion Naira company poised to reach new heights, in every endeavour competing with itself to better the past.

The Group’s core business focus is to provide local, value added products and services that meet the ‘basic needs’ of the populace. Through the construction and operation of large scale manufacturing facilities in Nigeria and across Africa, the Group is focused on building local manufacturing capacity to generate employment and provide goods for the people.Description

We are looking for an experienced Account Officer, Inventory to oversee all inventory transactions and assure the completeness and accuracy of inventory costs.

Key Duties and Responsibilities:

Monitor inventory levels, ensure accuracy and adequacy of stock.
Implement efficient inventory control procedures to optimize stock levels and minimize carrying stock.
Record all inventory movements, purchases and adjustments accurately.
Prepare and analyze inventory report, detailing stock levels, usage and discrepancies.
Perform regular reconciliation of inventory accounts to ensure accuracy.
Maintain proper documentation and records related to inventory transactions and adjustments.
Organize and coordinate periodic physical inventory counts and cycle counts in line with DCP's inventory management policies and highlight variances.
Carry out valuation of stock after each count and identify obsolete or disused stock for disposal and write-off.
Revalue inventory at the new approved standard rates on a periodic basis.
Maintain the general ledger for DCP's inventory.
Collaborate with procurement, production, and logistics team to streamline inventory movement and resolve discrepancies.
Perform period closing and related activities for reconciliation of inventory to general ledger.

Requirements

Education and Work Experience:

Bachelor’s degree or its equivalent in Accounting or related discipline.
Professional certification from a recognized body (e.g. ICAN, ACCA) will be an added advantage.
Minimum of 3 – 9 years of relevant work experience.

Skills and Competencies:

Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
Advanced accounting knowledge, including experience with International Financial Reporting Standards (IFRS).
Working knowledge and demonstrated experience in the use of accounting packages and systems, including SAP.
Ability to gather, collate and analyze information/ data effectively and efficiently.
Good problem-solving skills.
Attention to detail.
Good interpersonal relationships and people management skills.
Good oral and written communication skills.
High ethical standards and integrity.
Proficiency in the use of MS Office tools.

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