Who We Are
Moniepoint Inc. is Africa’s all-in-one financial platform, helping 20 million businesses and individuals access seamless payments, banking, credit, cross-border, and business management tools each month.
As Nigeria’s largest merchant acquirer, we power most of the country’s point-of-sale (POS) transactions. Through our subsidiaries, Moniepoint Inc. processes over $250 billion in digital payment transaction value annually.
What We Do
At Moniepoint, we are a customer-focused community dedicated to crafting solutions that redefine our industry. We have several products that provide essential services for businesses such as credit, overdrafts etc. We leverage artificial intelligence and data to make our decisions, but also have the technology and data-driven best practices used to support our businesses.
Curious about what makes Moniepoint an incredible place to work? Check out posts on how we cultivate a culture of innovation, teamwork, and growth.
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 optimizing
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.
Qualifications and Requirements
Education
● Bachelor’s degree in Supply Chain Management, Logistics, Business Administration,
or a related field.
Experience
● Minimum of 5 years of experience in inventory management, warehouse operations,
or a similar role, preferably within a repair center, distribution, or retail environment.
● Proven experience in a supervisory or managerial capacity.
● Hands-on experience with inventory management software and proficiency in
Microsoft Excel.
Skills
● Analytical Skills: Strong ability to analyze data, identify trends, and make data-driven
decisions to optimize inventory.
● Attention to Detail: Meticulous approach to ensure accuracy in all inventory records
and processes.
● Leadership: Excellent team management, training, and mentoring abilities.
● Communication: Strong verbal and written communication skills for effective
collaboration with cross-functional teams and external partners.
● Problem-Solving: Proactive in identifying issues and implementing effective solutions.
● Organizational Skills: Ability to prioritize tasks, manage multiple projects, and meet
deadlines in a fast-paced environment.