Head of Inventory Management

Description

• Inventory Record Accuracy
• Ensuring procedures and work instruction in the digital recording of stocks are consistently followed
• Disciplined execution of stock counts (cycle count and wall-to-wall counts) in accordance with agreed policies and procedures
• Stock Reconciliation and Compliance
• Analyzing sources of inventory discrepancy and implementing corrective & preventative actions across process, system and security to prevent recurrence
• Compliance with financial and operational rules for stock adjustments
• Product Lifecycle Management
• Minimizing loss from expiration
• Ensuring availability of products when required
• Process and Systems Optimization and Governance
• Documentation of system rules and procedures
• Compliance audits
• Process and system governance
• Transaction Management
• Executing and documenting operational and financial adjustments
• Skills & Capability Development
• Define roles and responsibilities
• Conduct skills and capabilities assessments
• Identify and close gaps

Qualifications

Highest qualification: University

• Bachelor’s degree in finance, Accounting, Industrial Engineering, or Supply Chain Management
• 7-10 years in Inventory Control, Internal Audit, or Finance within a high-volume distribution environment.
• Minimum 3 years in the Pharmaceutical or Medical Device sector (understanding of lot traceability, expiry management, and recall procedures is non-negotiable).
• Global / Regional / Multi country management experience, including international work placements highly preferable
• Deep level experience with WMS systems and platforms (SAP, Oracle, etc.)
• Experience reconciling WMS data with ERP financial ledgers (SAP, Oracle, etc.).

Preferred Skills

• Project Management (PMP Certified) an advantage
• Lean / 6Sigma certified
• APICS CPIM (Certified in Production and Inventory Management) or CSCP is strongly preferred
• Six Sigma Green/Black Belt is a plus for process optimization
• A master’s degree or CPA/CMA is highly advantageous given the financial reconciliation focus
• Financial Acumen - Deep understanding of how inventory transactions impact the P&L and Balance Sheet (COGS, Provisions, Variance accounts). Capable of performing detailed reconciliations.
• Data Analytics - Advanced proficiency in analytical tools to mine WMS data for variance root causes.
• Regulatory Compliance - Pharma GxP regulations regarding documentation. Process Discipline - Commitment to standards; the ability to say "no" to adjustments that lack proper documentation.