Inventory Lead

Inventory Lead

• Job Type Full Time
• Qualification BA/BSc/HND
• Experience
• Location Lagos
• Job Field Procurement / Store-keeping / Supply Chain

RESPONSIBILITIES

• Inventory Planning & Control

• Develop and implement effective inventory management plans and controls.

• Establish minimum, maximum and reorder stock levels.

• Forecast material requirements based on project schedules and consumption patterns.

• Coordinate inventory planning with Procurement and Construction teams.

• Monitor stock availability across all project locations.

• Inventory Operations

• Oversee the receipt, storage and issuance of inventory items.

• Ensure all inventory transactions are accurately recorded.

• Monitor inventory movements between sites and locations.

• Enforce proper inventory controls and segregation of duties.

• Ensure compliance with approved inventory management procedures.

• Stock Verification & Reconciliation

• Conduct and supervise periodic inventory inspections.

• Coordinate weekly and monthly stock counts.

• Lead quarterly and annual physical inventory exercises.

• Reconcile physical stock against inventory records.

• Investigate stock variances and recommend corrective actions.

• Asset Protection

• Ensure inventory is stored securely and appropriately.

• Monitor material preservation and handling practices.

• Minimise obsolete, damaged, expired and wasted stock.

• Strengthen controls against theft, fraud and unauthorised stock movements.

• Ensure Company materials, tools, equipment and consumables are properly accounted for.

• Inventory Analysis & Reporting

• Prepare and maintain:

• Weekly Inventory Status Reports.

• Monthly Inventory Control Dashboards.

• Quarterly Stock Variance Reports.

• Annual Inventory Performance Reports.

• Use inventory data to identify consumption trends, potential shortages, excess stock and opportunities for improved cost and asset efficiency.

• AUTHORITY & ACCOUNTABILITY

• The Inventory Lead will be authorised to:

• Enforce approved inventory control procedures.

• Coordinate Company-wide stock verification exercises.

• Recommend replenishment based on approved stock levels.

• Investigate inventory discrepancies and variances.

• Recommend corrective actions relating to inventory losses.

• Escalate significant inventory risks and control issues to the General Manager.

• Direct and coordinate the activities of Inventory Officers and Site Store teams within approved procedures.

• The role does not have authority to independently approve procurement purchases, inventory write-offs or disposal of Company assets outside delegated authority.

• WHAT WE ARE LOOKING FOR

• We are looking for a strong inventory and stores professional with experience in construction, real estate development, manufacturing, engineering, warehousing or a related operational environment.

The ideal candidate should demonstrate:

• Strong knowledge of inventory and stock control systems.

• Experience managing inventory across multiple locations or project sites.

• Strong reconciliation and variance-investigation skills.

• Experience supervising stores or inventory teams.

• Good understanding of material receiving, storage and issuance controls.

• Strong analytical and reporting skills.

• Ability to identify and prevent inventory losses, wastage and unauthorised movements.

• Excellent attention to detail and documentation discipline.

• Strong communication and coordination skills.

• High integrity, accountability and asset-consciousness.

• Proficiency in Microsoft Excel and inventory/ERP management systems.

• A degree or HND in Inventory Management, Supply Chain Management, Logistics, Accounting, Business Administration or a related field is preferred. Relevant professional certification will be an advantage.

• KEY PERFORMANCE AREAS

• Performance will be measured by:

• Inventory record accuracy.

• Availability of critical construction materials.

• Reduction in stock variances and discrepancies.

• Reduction in theft, wastage and damaged stock.

• Completion of scheduled stock counts and reconciliations.

• Compliance with inventory control procedures.

• Effectiveness of asset protection measures.

• Timeliness and quality of inventory reporting.

• Efficient utilisation of Company materials and assets.

• Contribution to uninterrupted construction operations.