Assistant Inventory Controller

7 months ago


UAE, United Arab Emirates Talent Pal Full time

**About Us**

As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the world’s best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols and Armani to name just a few

**About The Role**

To manage & monitor the inventory, in this 2 year contract, ensuring system stock issues are minimized. Support Inventory Manager in achieving accurate reporting and minimizing stock loss.

**What You’ll Be Doing**
- You will oversee the entire system process of stock transfers inter warehouse, warehouse to store and inter store, ensure the movements are recorded and updated to reduce discrepancies.
- Monitor transactions daily, investigating discrepancies and confirming FOHD logs are raised.
- 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.
- Release periodic reports on damaged inventories, negative SOH, open orders etc.
- 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 KPI’s defined or SOA.
- Control assets and ensure that system inventory is always updated. 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.
- Support inventory Manager in Projects and special assignments in the Inventory Control portfolio.

**About You**

Education: Graduate, preferably in Commerce, with basic knowledge of accounting.

Experience: Minimum 3 years relevant experience.

Other requirements:

- Computer Literacy.
- Highly organized with eye for detail.
- English language is essential.


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