Inventory Control & Loss Prevention Manager

Job Title: Inventory Control & Loss Prevention Manager

Location: Lagos

Salary: Open to Negotiation

Key Responsibilities

Loss Prevention & Shrinkage Control

· Develop and implement loss prevention policies, SOPs, and control measures.

· Monitor and reduce inventory shrinkage, pilferage, damages, fraud, and operational losses.

· Conduct regular store inspections, surprise checks, and compliance audits.

· Investigate theft, fraud, stock manipulation, and suspicious activities.

· Monitor high-value, fast-moving, and sensitive inventory categories.

Stock Take & Inventory Management

· Plan and execute periodic stock counts, cycle counts, and physical inventory( as per agreed frequency by Management).

· Lead and supervise stock take teams across stores and warehouses.

· Ensure accurate counting, tagging, reconciliation, and reporting of inventory.

· Analyze stock variances and identify root causes.

· Coordinate recounts and corrective actions where necessary.

· Ensure proper recording of damaged, expired, obsolete, and slow-moving stock.

Operational Controls & Compliance

· Ensure compliance with Retail Operation procedures and company SOPs.

· Review receiving, transfer, return, dispatch, and adjustment processes.

· Review billing, discounting, and return processes.

· Monitor ERP inventory transactions and stock movement controls.

· Ensure proper documentation and authorization for stock adjustments.

· Support internal and external audit requirements.

Security & Surveillance Management

· Monitor CCTV systems and store security controls.

· Coordinate with security agencies and store management.

· Ensure implementation of access control and stock protection measures.

· Maintain incident and investigation records.

Reporting & Analysis

· Prepare daily, weekly, and monthly shrinkage and stock variance reports.

· Maintain KPI dashboards related to inventory accuracy and loss prevention.

· Present findings, trends, and corrective action recommendations to management.

· Track action closure for audit and investigation observations.

Team Management & Training

· Supervise stock counters and loss prevention staff.

· Train store employees on inventory controls, SOPs, and fraud prevention awareness.

· Allocate duties and monitor team productivity during stock take exercises.

Qualification & Experience

· Bachelor’s degree in Accounting, Supply Chain, Business Administration, Logistics, or related field.

· 8–10 years of experience in retail inventory control, stock audit, loss prevention, or warehouse operations.

· Experience in large-format retail/store operations preferred.

· ERP system experience is mandatory.

Required Skills

· Strong analytical and investigation skills

· Retail inventory and warehouse control knowledge

· Stock take management expertise

· Retail Operational SOP/Process & control knowledge

· ERP and inventory software proficiency

· CCTV and security systems understanding

· Leadership and team management capability

· High level of integrity and attention to detail

Working Conditions

· Frequent store and warehouse visits.

· Ability to work during late-night or non-operational stock counts.

· Availability for travel between store locations where required.

Work Location: In person