Inventory Controller

Al Tayer Group

UAE

Ref: HP324-496

Job description / Role

Employment: Full Time

We are looking for an Inventory Controller to join our finance team based in Dubai. To manage & monitor the inventory and stock holdings ensuring system stock issues are minimized. Monitor and control movement of stock, formulate policies and control procedures in order to maintain minimum discrepancies

- Oversee the entire process of stock transfers inter warehouse, warehouse to store and inter store, ensure the movements are recorded and updated to reduce discrepancies. Provide regular update on pending orders, claims for the damaged/shortage of merchandise & replenishment process.
- Monitor transactions daily, investigating discrepancies and confirming FOHD logs are raised. Also reviewing the status of logs to ensure accurate resolution.
- Investigate daily RESA reports and follow up with relevant parties for resolution of discrepancies, taking suitable actions. Investigate negative stock on hand and liaise with relevant managers to action problematic stock counts.
- Verify stocks periodically to have a data base of all available stocks, depletions and / or additions made, if any, to monitor the stock position in the warehouse. This includes reviewing , monitoring and reconciliation of SIN BIN, WMS and RMS stocks; of appointments, and reporting on quarantine issues.
- Manage perpetual stock take calendar in conjunction with designated managers and stock take team, communicate the plan, and ensure compliance to the plan .Oversee the physical stock take process, review stock take results in conjunction with the management and reconcile the figures by auditing physical stock movements. Prepare reports based on the findings and provide recommendations and suggestions to the GM. Implement stock loss action plans (formulated as a result of stock counts) in conjunction with Loss Prevention Team . Review stock loss posting to the GL and ensure correctness. Monitor and track account and publish cumulative results for business as per KPIs defined or SOA.
- Review and monitor extent of damages in the stores and mitigate incidence in conjunction with managers. Ensure adequacy of financial provisions.
- Facilitate queries by internal and external auditors on stock accounts, reports and ageing, and reconciliation of financial accounts to inventory reports.Separately report consignment stocks and control discrepancies.
- Control assets and ensure that system inventory is updated at all time. Keep record of assets location; suggest strategy for clearing of unwanted or depreciated equipment. Ensure count as per SOA and initiate approvals for write off / destruction as required.
- Review Audit report findings, stock inventory related matters and ensure all requirements have been auctioned, and provide recommendations about changes in processes if required.

Requirements

- 5 years relevant experience, of which at least 2 years in the Gulf region
- Graduate, preferably in Commerce, with basic knowledge of accounting

Other Information:
- Collaboration
- Customer Focus
- Integrity and Trust
- Learning Agility
- Managing Diversity

Leadership and Managerial
- Approachability
- Managing and Measuring Work
- Problem Solving
- Self-Development
- Timely Decision Making
- Written Communications

About the Company

Established in 1979, Al Tayer Group is a privately-held, diversified company with operations in 12 countries in the Middle East and beyond. With over 7,800 employees from 95 different nationalities, the Group has its headquarters in Dubai, UAE.

Al Tayer Group operates leading, quality-focused businesses in automobile sales and service, luxury and lifestyle retail, perfumes and cosmetics distribution, engineering as well as interiors contracting. The Groups portfolio includes several of the worlds leading brands such as Armani, Bvlgari, Banana Republic, Ford, Ferrari, Gucci, Gap, Harvey Nichols and Maserati. The Group operates over 180 stores across multiple markets in the Middle East. In addition, Al Tayer Group has investments in commercial real estate, contracting, supply chain management, precision tools manufacturing and travel agency services.

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office assistance salaries in UAE

Average monthly compensation
AED 1,000

Breakdown available for industries, cities and years of experience