Head - Finance, Inventory

Job Summary

• Dangote Cement is seeking an experienced Head Finance, Inventory to oversee the efficient management of inventory, ranging from raw materials to finished goods, across multiple production facilities.
• This position is responsible for planning, organising, and controlling inventory levels to meet production demands while minimising excess or obsolete stock.

Key Duties and Responsibilities

• Develop and implement inventory strategies to optimize stock levels and ensure on-time production.
• Monitor and adjust inventory parameters, such as reorder points and safety stock, to balance supply and demand effectively.
• Conduct regular physical inventory counts and reconcile discrepancies.
• Implement inventory control procedures to minimize losses due to theft, damage, or obsolescence.
• Collaborate with suppliers to ensure timely and cost-effective delivery of raw materials.
• Negotiate favourable terms and agreements with suppliers to enhance inventory management.
• Work closely with production, sales, and other relevant departments to forecast demand accurately.
• Utilize demand forecasting tools and historical data to plan inventory levels effectively.
• Generate regular reports on inventory levels, turnover, and stock accuracy.
• Provide management with insights and recommendations for continuous improvement.
• Coordinate with production, logistics, and procurement teams to align inventory with production schedules and market demand.
• Ensure compliance with all relevant laws and regulations related to inventory management.
• Implement safety measures to safeguard the inventory and warehouse facilities.

Requirements
Education and Work Experience:

• Bachelor’s Degree or its equivalent in Accounting, Finance, Supply Chain Management, Economics or a related field.
• Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA).
• A Minimum of Eighteen (18) years relevant experience.

Skills and Competencies:

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Good understanding of micro and macroeconomic indices and their impact on the cement business.
• Experience in strategic financial planning and analysis.
• Strong finance and accounting knowledge, including experience with International Financial Reporting Standards (IFRS).
• Demonstrated experience in planning, budgeting and forecasting activities.
• Significant experience in the use of financial systems including SAP.
• Good leadership and people management skills.
• Good communication and networking skills.
• Good presentation and facilitation skills.
• Good problem solving skills.
• High ethical standards and integrity.

Benefits

• Private Health Insurance
• Paid Time Off
• Training & Development.

Application Closing Date
Not Specified. 

How to Apply
Interested and qualified candidates should:
Click here to apply online

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