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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