Overview:
The Inventory Control Manager is responsible for overseeing the inventory processes for raw materials, finished goods, and supplies in the cement industry. This role ensures accurate tracking, valuation, and reporting of inventory assets, aligning inventory management with production schedules and financial objectives while ensuring compliance with industry standards.

Key Responsibilities:

Inventory Management: Oversee day-to-day control of raw materials, finished goods, and spare parts. Implement counting and reconciliation procedures to maintain accurate inventory records in ERP systems.

Valuation & Reporting: Ensure inventory valuation aligns with IAS 2 standards, tracking costs and generating regular financial reports on inventory levels, movements, and allocations.

Cost Optimization: Collaborate with procurement and production to optimize stock levels, reduce holding and transportation costs, and minimize waste and overstock.

Audit & Compliance: Coordinate internal and external audits, ensuring adherence to regulatory standards and internal controls.

Process Improvement: Continuously enhance inventory management through technology (e.g., SAP) and best practices, working with IT and supply chain teams.

Risk Management: Identify and mitigate risks such as obsolescence, damage, or supply delays, implementing contingency plans as needed.

Training & Development: Provide training on inventory systems and mentor junior staff in inventory control and financial reporting.

KPIs: Inventory accuracy, turnover ratio, valuation accuracy, cost control efficiency, and successful audit outcomes.