Inventory and Asset Management Officer Job at PalmPay

PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.

We are recruiting to fill the position below:

Job Position: Inventory and Asset Management Officer

Job Location: Lagos
Employment Type: Full-time

Job Brief

• We’re looking for an experienced Inventory Management Officer who will be responsible for administrating the organization’s policies and procedures to control and monitor PalmPay’s assets including properties, plants, vehicles and equipment.
• Monitors asset lifecycles, inventories, locations, and replacements, and maintains status and costs.

Key Roles and Responsibilities

• Develop an organizational philosophy for comprehensive management and accounting of PalmPay’s assets. Coordinate processes and documentation required for new asset acquisition, disposal, replacement, and tracking of lost or stolen assets.
• Conduct periodic audits, spot checks, and physical verification counting and ensure compliance with asset regulation rules/laws.
• Manage an active depreciation schedule to ensure the asset’s book value is constantly updated and appropriate taxes are applied and paid. Work with vendors and cross-functional groups to maintain accurate & complete asset data.
• Develop and implement an asset management system, and ensure all assets are properly classified, categorized and recorded in the SAP system.
• Develop and implement an annual asset verification and audit plan.
• Liaise with end users to ensure licensing (where required), routine maintenance schedules, and plans are integrated into SAP, and are being strictly adhered to.
• Liaise with Line Managers to ensure asset written-offs are properly disposed of and impact remediated.
• Track warranties on all PalmPay’s assets, ensuring these are executed appropriately and warehouse all other relevant items, such as operating manuals, spare keys, etc. providing access as required.
• Provide an asset utility report with recommendations to management on (remainder) asset life, maintenance and replacement costs etc. Provide general advice to PalmPay’s executives on asset procuring and management.
• Prepare periodic asset updates to Management and the Leadership team.

Qualifications

• Bachelor's Degree in Accounting, Business Administration, Economics or other related fields.
• At least 2 years experience in inventory and asset management for a financial institution/fintech.

Necessary Skills:

• Strong analytical skill
• Highly skilled in math and finance
• Asset acquiring & management
• Excellent communication skills
• Strong time-management skills
• Detail-oriented & highly organized
• Excellent critical thinking and problem-solving skills
• Skilled in vendor management and negotiation
• Relationship building and Interpersonal skills
• Compliance and lease agreement understanding
• Teamwork and collaboration skills
• Project management.