Inventory and Asset Management Officer Job at PalmPay

PalmPay is a pan-African fintech company currently operating in Nigeria, Ghana, Kenya, Uganda and Tanzania and expanding to other markets. We’re reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.

We are recruiting to fill the position below:

Job Position: Inventory and Asset Management Officer

Job Location: Ikeja, Lagos
Job type: Full Time
Career level: Experienced

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.
• 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.
• 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.
• 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 and Experience

• 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
• Skilled in vendor management and negotiation
• Relationship building and Interpersonal skills
• Compliance and lease agreement understanding
• Excellent communication skills
• Strong time-management skills
• Detail-oriented & highly organized
• Excellent critical thinking and problem-solving skills
• Teamwork and collaboration skills
• Project management