Jobs, Lagos, Nigeria

Store Controller at UAC Restaurants (UACR) Limited

UAC Restaurants (UACR) pioneered QSR in Nigeria with the launch of Mr Bigg’s in 1986. Mr Biggs quickly became a household name and was particularly loved for its meals, delectable pastries, and confectionaries. The Store Controller role reports to the Inventory/ GL Manager.

We are recruiting to fill the position below:

Job Title: Store Controller

Location: Lagos
Job type: Full-time

Job Objective

  • The Store Controller is responsible for managing all aspects of store inventory, ensuring the accuracy of sales and cash transactions, managing fixed assets, and overseeing power usage within the store.
  • This role is pivotal to maintaining operational efficiency, financial accuracy, and cost-effectiveness across store operations.
  • This role ensures that all operations align with company policies and standards to maximize operational efficiency and profitability.

Key Responsibilities
Inventory Management:

  • Oversee the store’s inventory to ensure accuracy in stock levels and reduce discrepancies.
  • Conduct regular stock audits, reconciliations, and cycle counts.
  • Track and record all incoming and outgoing inventory, ensuring data accuracy.
  • Coordinate with the procurement team to manage inventory restocking, returns, and damages.
  • Establish and maintain robust inventory controls to prevent shrinkage, loss, or theft.

Sales Verification:

  • Verify daily sales reports to ensure accuracy between recorded sales and cash transactions.
  • Monitor point-of-sale (POS) systems for accuracy and address discrepancies promptly.
  • Liaise with the Finance team to ensure all sales are recorded accurately and reports are generated on time.
  • Regularly review sales trends and recommend corrective actions if discrepancies are detected.

Cash Management:

  • Oversee daily cash flow operations, including cash collection, deposits, and reconciliations.
  • Ensure all cash handling procedures comply with company policies and audit requirements.
  • Manage safe handling of cash and resolve any discrepancies immediately.
  • Prepare cash flow reports and maintain records for auditing purposes.

Fuel and Power Consumption Monitoring:

  • Track and monitor diesel, fuel, and power usage in the store.
  • Record all fuel receipts, consumption rates, and ensure fuel stock levels are sufficient for store operations.
  • Implement measures to optimize fuel and power usage, promoting cost savings.
  • Generate and analyze fuel and power consumption reports and ensure they align with operational standards.

Fixed Asset Management:

  • Manage store fixed assets, including equipment, machinery, and furnishings, to ensure they are accurately recorded and maintained.
  • Conduct regular inspections of fixed assets to assess condition, repair needs, and compliance with company standards.
  • Monitor fixed asset movements and ensure timely updates to asset registers, including acquisitions, disposals, or transfers.
  • Coordinate maintenance and repair schedules to minimize downtime and optimize asset utilization.
  • Generate reports on fixed asset depreciation, valuation, and replacement needs for budgeting and management planning.

Reporting and Compliance:

  • Generate regular reports on inventory, sales, cash, and fuel/power consumption.
  • Ensure compliance with company policies, procedures, and safety standards.
  • Work closely with the Finance team as well as internal and external auditors to ensure full compliance with financial and operational controls.
  • Address and resolve any audit findings, implementing process improvements to prevent recurrence.

Team Coordination and Support:

  • Coordinate with store staff, warehouse team, and suppliers to streamline inventory and sales operations.
  • Train and guide team members on inventory and cash management best practices.
  • Assist in special projects as directed by management to support operational efficiency.

Requirements
Functional Competencies/Requirements:

  • Strong understanding of financial principles, audit procedures, and inventory control systems.
  • Proficiency in MS Office (particularly Excel) and familiarity with POS and inventory management systems.
  • Excellent organizational, analytical, and problem-solving skills, with attention to detail and accuracy.
  • Strong communication and interpersonal skills, with the ability to work independently and as part of a team.

General Management Competencies / Requirements:

  • Operational Efficiency
  • Financial Acumen
  • Communication Skills
  • Problem-Solving Skills
  • Customer Focus
  • Time Management
  • Innovation and Creativity
  • Ethical Judgment

Educational Qualifications / Experience

  • Bachelor’s Degree in Finance, Accounting, or related field
  • ICAN Certification or equivalent will be an added advantage
  • 3+ Years of Relevant Work Experience.

Application Deadline: Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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