Inventory Officer Ikoyi

We are a retail company offering a wide range of household products, home furnishings and everyday essentials, with a focus on quality, functionality and an enjoyable shopping experience. We are  recruiting to fill the position below:

 Job Title: Inventory Officer

Location: Ikoyi,Lagos

Employment Type: Full-time About the Role

We are seeking a detail-oriented and analytical Inventory Officer to maintain accurate inventory records and support effective stock control across multiple product categories and variants. The successful candidate will coordinate the receipt, verification, storage and dispatch of goods, maintain reliable inventory data, and reconcile physical stock against system records. The role requires practical experience with inventory management software, strong Excel skills, and the ability to track products across different stages of stock movement. Reporting to the Store Manager, the Inventory Officer will work closely with procurement, sales and logistics teams to support product availability, timely order fulfilment, and effective inventory control.

Verify incoming goods against purchase orders, packing lists and delivery documents, checking quantities, product specifications, and condition. Identify and document shortages, excess quantities, damage or incorrect items, and promptly report discrepancies to the Store Manager. Prepare goods received notes and ensure verified receipts are accurately captured on the inventory system. Coordinate with relevant teams to investigate and resolve delivery discrepancies.

Maintain accurate inventory records using the company’s inventory management or Enterprise Resource Planning (ERP) system. Record stock receipts, transfers, dispatches, returns and approved adjustments promptly, ensuring transactions are supported by the required documentation. Create and maintain product master data, including descriptions, SKU codes, categories, units of measure, specifications and storage locations. Assign SKU codes within the approved coding structure, ensuring that product sizes, colors, models, and other variants are correctly distinguished. Review inventory data for duplicate entries, coding errors and incomplete records, escalating issues where necessary.

Maintain organised storage locations and clear product labeling to support efficient identification, retrieval and stock counting. Coordinate documented stock movements between receiving, storage, display and dispatch locations, where applicable. Verify products and quantities before release, ensuring that all dispatches and transfers are properly authorised. Identify and separate damaged, returned, or defective goods in line with approved procedures. Follow established storage and handling requirements to minimise product damage and misplacement.

Conduct scheduled cycle counts and periodic full stock counts, reconciling physical quantities against system balances. Investigate stock variances by reviewing transaction records and supporting documents and submitting findings to the Store Manager. Process inventory adjustments only after the required review and approval. Monitor stock availability and flag low-stock, out-of-stock, slow-moving and ageing inventory for review. Apply established inventory controls and recommend practical improvements to stock accuracy and traceability.

Prepare periodic inventory reports covering stock balances, movements, variances, damaged goods, and outstanding receipt of discrepancies. Use inventory software and Excel to analyze stock information and highlight issues requiring action. Coordinate with sales, procurement and logistics teams to provide accurate stock information and support replenishment and order fulfilment. Maintain complete and accessible inventory documentation to support internal reviews and audits.

Requirements and Qualifications

Minimum of an OND, HND or Bachelor’s degree in Supply Chain Management, Logistics,  Accounting, Business Administration or related discipline. 2–4 years of relevant experience in inventory control, warehouse operations or stock management within a structured retail, distribution, or warehousing environment. Practical experience using inventory management or ERP software such as Odoo, SAP Business One, Microsoft Dynamics 365 Business Central, Sage or a comparable platform. Ability to use inventory software for goods receipts, stock transfers, dispatches, stock enquiries, reporting and approved adjustments. Experience maintaining SKU-based product records across multiple categories and product variants. Good Microsoft Excel proficiency, including lookup functions, SUMIF/SUMIFS, Pivot Tables, and data validation for stock reconciliation and reporting. Sound understanding of stock documentation, cycle counting, variance investigation, and inventory control procedures. Ability to manage substantial inventory data accurately and meet reporting deadlines. Strong numerical, analytical, and organizational skills, with close attention to detail. Good communication skills and the ability to coordinate effectively across teams. A high level of integrity, accountability, and diligence. Experience with household goods, furniture, home accessories, appliances, or similar products is an advantage. Experience reconciling goods received against supporting documentation and resolving stock discrepancies.

N200,000 net Application Closing Date

Not Specified. How to Apply

Interested and qualified candidates should send their CV to:[Email hidden - Login to reveal] the  job title as the subject of the email.