Inventory Control 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 Control Officer
Job Location:
 Kano / Ogun
Employment Type: Full-time

Role Summary

  • You will be responsible for maintaining accurate inventory records, monitoring stock levels, and coordinating with various departments to ensure efficient inventory management.
  • Your attention to detail, strong organizational skills, and ability to work in a fast-paced environment will be key to your success in this role. fintech industry.


  • Maintain accurate and up-to-date inventory records using inventory management software.
  • Monitor stock levels and anticipate demand to ensure timely replenishment of inventory.
  • Conduct regular inventory audits to reconcile physical stock with recorded quantities.
  • Analyze inventory data to identify slow-moving or obsolete items and propose appropriate actions, such as liquidation or promotions.
  • Implement and enforce inventory control procedures to minimize loss, damage, and theft.
  • Coordinate with the warehouse team to ensure proper storage, labeling, and handling of inventory items.
  • Identify and investigate inventory discrepancies, and take appropriate actions to resolve them.
  • Coordinate with the purchasing department to ensure timely procurement of inventory items.
  • Collaborate with the sales team to forecast inventory needs based on market trends and customer demand.
  • Generate regular reports on inventory levels, stock movements, and other relevant metrics for management review.


  • A minimum of HND in Business Administration, Supply Chain Management, or a related field (or equivalent work experience).
  • Strong attention to detail and excellent organizational skills.
  • Proficient in using inventory management software and MS Office applications.
  • Ability to analyze data, identify trends, and make informed recommendations.
  • Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
  • Ability to work independently and manage multiple tasks simultaneously.
  • Knowledge of inventory control principles and best practices.
  • Prior experience in inventory control or supply chain management in a financial institution a plus.