Inventory Accountant

March 7, 2023

Job Description

  • Lagos

Promasidor Nigeria

Promasidor – We are an African company proud of our heritage and totally committed to the continent. We manufacture, market and sell unique brands which bring practicality and pleasure to millions of consumers across Africa.
We are recruiting to fill the position below:
Job Title: Inventory Accountant
Location: Lagos, Nigeria
Job type: Full-time
Coordinate all activities of the Stock Control Unit:

Reconciliation of stock ledgers and balances
ATI/Product sample reconciliation
Processing of claims for stock losses/damages
Monitoring of stock in special locations (Claims, Transit, Anomaly)
Drive periodic stock taking exercise
Ad-hoc discrepancy anomaly report investigation and stock adjustments
Faulty and expiring stock management
Making provision for stock
Implementation and review of stock policy

Management and reconciliation of Goods In Transit (PORT location)

Investigation, follow up and resolution of purchase order related issues
Posting of purchase accrual adjustments

Analysis of non-standard cost of sale accounts:

BOM analysis.
Variance investigation and analysis by SKU.
Dairy FIFO price tracking.
Cost of sale data support for naked margin analysis.

Business Partnership:

Provide data analysis and support for Logistics & Production
Monthly inventory flash.
Monthly non-standard cost of sales flash.
Group insurance analysis support.
Ad-hoc analysis:

Liaise with Financial Accounts to ensure that postings are complete and accurate.
Relate with all departments to ensure that accurate stock position is maintained

Complexity of the Job

Adherence to Professional ethics
Adherence to Management policies/procedures.
Timely preparation and rendition of required reports

Job Requirements / Experience

HND / B.Sc or its Equivalent in Management Sciences.
Professional Qualification: ACA or ACCA (will be an added advantage).
Sound Knowledge of the Nigerian Accounting Standard & IFRS.
Minimum of 5 years of working experience in a structured organisation.

Knowledge & Skills:

MS Office Suite
Advanced Excel user.

Personal Attributes:

Good Communication skills.
Effective Interpersonal skills.
Team Spirit.

Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit


Hi there 👋
It’s nice to meet you!

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.