Warehouse & Inventory Manager

Moniepoint Incorporated is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale. We are recruiting to fill the position below:

Job Title: Warehouse & Inventory Manager

Location: Rivers

Job Summary

The Inventory & Warehouse Manager is tasked with ensuring the accurate, timely, and secure management of all Point-of-Sale (POS) inventory, including terminals, spare parts, and work tools. This role is crucial for maintaining operational continuity and facilitating efficient distribution by establishing robust procedures. Key responsibilities include ptimizing inventory levels, minimizing costs, and maintaining complete auditability throughout the inventory lifecycle. Furthermore, the Inventory Manager must ensure that all POS devices and spare parts under their jurisdiction strictly adhere to the unit's Standard Operating Procedures (SOP), while the inventory management team consistently employs best practices.

Key Responsibilities

Inventory Control & Accuracy: Develop, implement, and maintain inventory control procedures to ensure high accuracy levels between physical stock and system records. Conduct regular cycle counts, audits, and reconciliations. Terminal & Parts Flow Management: Oversee the end-to-day movement of terminals and parts. Ensure faulty terminals are pushed to technicians daily and repaired terminals are accepted from QA accurately and timely, confirming both physical and logical matches. Stock Optimization: Analyze inventory data and trends to forecast demand, minimize stockouts, reduce excess inventory, and optimize inventory turnover rates. Establish and maintain reorder points and safety stock levels. System & Process Improvement: Implement and manage inventory management systems to improve visibility, traceability, and operational efficiency. Drive continuous improvement initiatives to streamline processes. Team Leadership & Training: Supervise, train, and mentor inventory staff. Ensure team compliance with all inventory procedures and best practices. Vendor & Cross-Functional Coordination: Liaise with procurement, Partnerships, DNS, and repair teams to align inventory levels with operational needs. Manage relationships with third-party logistic partners and OEMs. Reporting & Compliance: Prepare regular reports on inventory performance (e.g., turnover rates, accuracy, carrying costs). Ensure compliance with company policies and regulatory requirements. Cost Management: Identify and implement strategies to reduce carrying costs, minimize obsolescence, and dispose of excess or obsolete inventory appropriately.