Vacancies at Jumia Nigeria for Inventory Accounting Managers in Lagos

Jumia is Nigeria's number one online shopping destination where you can shop the widest selection of electronics, fashion, home appliances, kid's items and more in Nigeria and have them shipped directly to your home or office at your convenience! We are recruiting to fill the position below: Job Title: Inventory Accounting Manager Location: Lagos Job Type: Full Time Job Description Objective:

• Reporting to the Chief Financial Officer, the Inventory Accounting Manager will manage all aspects of accounting for inventory, including day-to- management of the accounts payable department, month end journal entries, account reconciliations, reserve calculations, accounting controls and procedures, variance analyses, bank reporting and assistance with the physical inventory.

• Responsibility of Outright, Consignment and Marketplace Inbounding, Invoicing and Item reconciliation
• Responsibility and accountability for all of the Inventory GL accounts on the balance sheet from data entry to reconciliation of the Inventory GL accounts
• Develops inventory analysis reports and analyzing variances and provides recommendations to management regarding process improvements
• Works with impacted departments to design process improvements, which strengthen the inventory controls and results in reduced inventory shrinkage
• Works with Operations to identify, review and resolve inventory, margin and shrinkage issues
• Manages the physical inventory process, and determine target shortage areas and formulate ideas to combat them
• Develops and implement procedures that improve company shrinkage
• Assists in the improvement in internal controls related to inventory
• Monitors inventory transactions to ensure accuracy of all inventory related activities as they relate to the general ledger
• Reconciles inventory accounts to the general ledger

• Bachelor's Degree in Finance or Accounting or related field, MBA is an added advantage
• 7 years of experience as an inventory or cost accountant with at least 5 years of experience as a manager in an inventory accounting function
• Professional qualification must be ACCA, ACA
• Detailed, methodical, and organized approach to tasks
• Sound communication and interpersonal skills with a customer service focus
• Excellent numeric skills with a sound logical approach to analytics
• Adequate knowledge of the E-commerce Industry
• Retail and/or Manufacturing industry experience highly desired
• Working knowledge of inventory cost flows and the related impact on financial statements
• Ability to effectively multitask, problem solve, and prioritize