About
FoodCo Nigeria Limited is one of Nigeria’s leading retail and consumer goods companies, with a strong presence in food retail, manufacturing, and distribution. The company is committed to operational excellence, strong financial controls, and continuous growth across its outlets nationwide.
Job Description
FoodCo Nigeria Limited is seeking a detail-oriented and experienced Inventory Accountant to manage, monitor, and reconcile inventory records across its retail outlets. The successful candidate will be responsible for ensuring accurate stock valuation, compliance with accounting standards, and effective collaboration with operations, procurement, and audit teams.
Key Responsibilities
- Track and reconcile inventory balances across multiple outlets, ensuring alignment between system records and physical stock counts.
- Investigate, analyze, and resolve stock variances in collaboration with warehouse, procurement, and finance teams.
- Accurately account for inventory and Cost of Goods Sold (COGS) in compliance with GAAP/IFRS standards.
- Prepare and post inventory-related journal entries and adjustments.
- Monitor stock levels to prevent overstocking or shortages and support effective cost control.
- Prepare periodic inventory reports for management review.
- Support audit processes and work closely with operations teams to ensure accurate inventory valuation and timely reporting.
Qualifications & Requirements
- B.Sc. in Accounting or a related discipline.
- Minimum of 3 years’ experience in stock or inventory accounting (retail experience preferred).
- Strong knowledge of inventory valuation methods (FIFO, Weighted Average, etc.).
- Professional certification such as ACA, ACCA, or CIMA is required.
- Proficiency in Sage 300 and advanced Microsoft Excel.
- Strong analytical skills, attention to detail, and ability to work cross-functionally.
How to Apply
Interested applicants should apply via the APPLY NOW button.