Palmpay is looking for an experienced Inventory Management Officer who will be responsible for administrating the organization’s policies and procedures to control and monitor Palm Pay’s assets including properties, plants, vehicles, and equipment. This position is crucial as palmpay is hiring an inventory management officer to ensure all aspects of inventory are precisely managed. 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 in tracking lost or stolen assets as PalmPay is hiring an Inventory Management Officer seeking expertise in this field.
- Conduct periodic audits, spot checks, and physical verification counting and ensure compliance with asset regulation rules/laws, a key task for the role in inventory management at PalmPay.
- 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.
- 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, essential as PALMPAY IS HIRING: INVENTORY MANAGEMENT OFFICER.
- 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.
- 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
- Bachelor’s degree in accounting, Business Administration, Economics, or other related fields. This proving essential as PALMPAY IS HIRING: INVENTORY MANAGEMENT OFFICER.
- 2 years’ experience in inventory and asset management for a financial institution/fintech.
Requirements
- strong analytical skill
- Highly skilled in math and finance
- Asset acquiring & management
- Excellent communication skills
- Strong time-management skills
- Detail-oriented & highly organized
- Excellent critical thinking and problem-solving skills
- Skilled in vendor management and negotiation
- Relationship building and interpersonal skills, vital as PALMPAY IS HIRING: INVENTORY MANAGEMENT OFFICER.
- Compliance and lease agreement understanding is critical for the Inventory Management Officer role at PalmPay.
- Teamwork and collaboration skills
- Project management.