Summary
Dkhoon Emirates is hiring an Inventory Control and Shrinkage Monitoring Officer in Riyadh, reporting to the Head of GRC. The role monitors inventory movements, variances, transfers, adjustments, and high-risk items across branches, and conducts stock counts and discrepancy investigations. The successful candidate will document findings, escalate significant issues, and follow up on corrective actions. Applicants should have a relevant bachelor’s degree and experience in inventory control, stock audit, internal audit, loss prevention, or a similar role; Excel and inventory management systems knowledge are required.
The posting
As published on dkhoon.com. Pulled from the employer's site and shown as they wrote it.
We Are Hiring | Inventory Control & Shrinkage Monitoring Officer
Department: Governance, Risk & Compliance (GRC)
Reporting To: Head of GRC
Position: Inventory Control & Shrinkage Monitoring Officer
About the Role
We are looking for Inventory Control & Shrinkage Monitoring Officers to monitor inventory movements, stock variances, shrinkage, transfers, adjustments, and high-risk items across branches.
The role will focus on identifying inventory exceptions, investigating significant discrepancies, conducting stock counts, and following up on corrective actions.
Key Responsibilities
- Monitor stock shortages, overages, shrinkage trends, and abnormal inventory variances.
- Review inventory transfers, open transfers, aging, and unusual stock movements.
- Review manual inventory adjustments, damages, write-offs, and supporting approvals.
- Identify high-risk branches and SKUs based on inventory discrepancies and risk indicators.
- Conduct periodic, surprise, remote, and physical stock counts as required.
- Investigate material inventory discrepancies and identify preliminary root causes.
- Maintain proper documentation and evidence for inventory reviews and stock counts.
- Escalate significant or unexplained discrepancies to the Head of GRC.
- Follow up on corrective actions until issues are fully resolved.
Requirements
- Bachelor’s degree in Accounting, Finance, Supply Chain, Business Administration, Internal Audit, or a related field.
- Previous experience in inventory control, stock audit, internal audit, loss prevention, or a similar role.
- Strong understanding of stock reconciliation and inventory movements.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and ability to identify unusual patterns.
- Good knowledge of Microsoft Excel and inventory management systems.
- Willingness to conduct physical and surprise stock counts when required.
- Experience in a multi-branch retail environment is an advantage.
How to Apply
Interested candidates are invited to submit their CV with the subject line “Inventory Control & Shrinkage Monitoring Officer”.