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Stock Assurance and Compliance Officer

2 months ago

Dubai, Dubai, United Arab Emirates Seddiqi Holding Full time
Job Description

Seddiqi Holding is a family-owned and managed conglomerate with a diverse portfolio of businesses and brands across various sectors. The company's business units include Ahmed Seddiqi & Sons, Seddiqi Properties, Swiss Watch Services, and Mizzen.

We are seeking a highly skilled Stock Assurance and Compliance Executive to join our team. The successful candidate will be responsible for ensuring the accuracy and integrity of stock counts and compliance audits across our business units.

Key Responsibilities:

The following key responsibilities will be carried out across retail locations, the supply chain, service centers, and other areas of the Group designated by the LP Director.

Stock Assurance:
  • Conduct and/or lead on cycle/stock counts across areas of responsibility in line with the agreed model and/or as requested by Line Manager.
  • Ensure stock and cycle count checks are conducted in accordance with Standard Operating Procedures (SOPs) to maintain accuracy and integrity of counts.
  • Ensure stock count reconciliation and variance reports are completed in full and submitted in a timely manner.
  • Provide stock take weekly/monthly reports for Management and/or agreed stakeholders.
  • Analyze and check stock movements to ensure compliance to company SOPs.
  • Where required, investigate stock count discrepancies.
  • Identify gaps in stock processes and/or highlight any concerns relating to stock management to Line Manager.
  • Use operational stock count visits as an opportunity to raise awareness on stock management processes through on-the-job training as and where required and/or where possible.
  • Ensure any stock take hardware in their possession is controlled and maintained.
Compliance Checklist:
  • Conduct checklists in areas of responsibility to verify compliance against company SOPs - as per the frequency/model agreed.
  • Feedback checklist results to location Management.
  • Following checklist completion – provide evidence of findings and detailed reports with clear actions.
  • Provide weekly/monthly reports and updates to management, stakeholders on checklist results and findings.
  • Analyze checklist data to identify trends, control, and/or process gaps and escalate any findings or concerns to management.
  • Use operational visits as an opportunity to raise awareness on SOPs through on-the-job training as and where possible or required.
  • Verifying physical assets prepared for destruction against approvals where required.
  • Witnessing the destruction of approved asset write-offs.
Requirements:

To be successful in this role, you should have:

  • Grade 12 or equivalent.
  • 3-5 years job-related experience.
  • Experience of conducting and/or stock count processes.
  • Minimal experience of security and risk processes through a previous audit, compliance, operational, or retail role.
  • English - Good verbal and written communication.