Job Purpose
- The position will be responsible for ensuring accurate and efficient management of stocks within a multi-location business model. The position will ensure that stock control procedures are in place and adhered to in order to safeguard Company stocks.
Key Responsibilities
- Participate in the continuous development and implementation of the company’s inventory management strategy; develop and maintain accurate policies and procedures for all inventory control processes.
- Custodian of stock record & balances – Manage and maintain the company’s stocked product inventory including stock profiles and stock locations.
- Work closely with planning, purchasing, and warehouse teams to ensure proper inventory flow at all times.
- Coordinate with warehouse team to implement and ensure a control system to reduce inventory obsolescence; mistakes, inaccuracies and discrepancies.
- Responsible for physical verification, regular reconciliations and general monitoring of stock activity ascertaining the stock management system integrity and accuracy; reconcile stock deliveries with purchase orders and actual invoices.
- Manage and control perpetual stock accuracy/reconciliation checks – Facilitate and participate in monthly and annual stock counts across all warehouses and retail stores.
- Determine root cause of count variances and proactively collaborate with other departments to remediate the issue and prohibit future occurrences; analyze count variances and identify and facilitate plans for rectification.
- Support accurate and timely reporting by ensuring all stock data is entered and updated correctly.
- Prepare and distribute daily, weekly, monthly, and ad-hoc inventory levels and consumption reports to all the relevant stakeholders.
Job Qualifications
- Bachelors degree preferably in Finance, Accounting or business related field;
- Relevant professional qualification (CPA / ACCA or an equivalent)
- 5+ years of experience in stock control, preferably within a retail environment.
Key Competencies:
- Strong knowledge of inventory-related operational and control requirements
- Ability to outline and communicate effective objectives and action plans;
- Strong analytical ability and numerical skills;
- Demonstrate a high degree of sensitivity, confidentiality when dealing with internal and external customers;
- Have a high sense of accuracy and attention for detail;
- Have good problem analysis and reporting skills; and
- Highest level of personal and professional integrity.
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