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Stock Controller

d.light

d.light

Accounting & Finance
Masaki, Dar es Salaam, Tanzania
Posted on Oct 18, 2023

Job Description

Position Description:

The Stock Controller is responsible for ensuring accurate and efficient management of stocks on trade. The Stock Controller will ensure that stock control policies and procedures are in place and adhered to in order to safeguard Company stocks.

Responsibilities:

  • The Stock Controller is the custodian of stock records & balances, responsible for physical verification, regular reconciliations, and general monitoring of stock policies;

  • Assist in developing and implementing inventory policies and procedures;

  • Prepare and distribute daily, weekly, monthly, and ad-hoc inventory levels and consumption reports to all the relevant stakeholders;

  • Facilitate and participate in weekly, monthly, and annual stock counts.  Facilitates stock position reports and sign-off records.

  • Perform monthly stock reconciliations of physical counts for all regional distributors and highlight variances to the relevant stakeholders;

  • Ensure all stock movements are tracked daily end to end and variances therewith reconciled and reported;

  • Strictly ensure FIFO is observed at Partners premises to minimize stock aging;

  • Support accurate and timely reporting through ensuring all stock data is updated correctly;

  • Carry out spot checks on stock balances on trade against the records and capture any anomalies.

Key Performance Indicators:

  • Manage, monitor, reconcile and account for stocks on Trade

  • Report on all stock movement and stock position daily, weekly and monthly

  • To achieve product traceability of stock in trade

  • Ensure and Manage FIFO is observed to minimize stock aging

  • Report accuracy and timely submission


Requirements

  • Degree in Supply Chain Management.  

  • Minimum 3 years’ experience in a busy FMCG environment.

  • Good understanding of inventory-related operational and control requirements;

  • Strong analytical and problem-solving skills;

  • Team player with good communication skills;

  • Ability to work with minimal supervision

  • Knowledge of proper bookkeeping and inventory management

  • Analytical mind with the ability to make accurate mathematical computations

  • Business-driven, people-focused, excellent organizational, multi-tasking, presentation and time management skills.