Assistant Manager - Inventory Audit

Job Description:

Detailed Work Profile / Responsiblities:

- Perform cash, stock and inventory audits.

- Knowledge on MS Office, Excel, PPP and other application.

- Conduct Inventory Audits: Perform regular and ad-hoc inventory audits to verify the accuracy of inventory records.

- Discrepancy Resolution: Identify and investigate discrepancies between physical counts and inventory records, determine root causes, and implement corrective actions.

- Report Generation: Prepare detailed audit reports summarizing findings, discrepancies, and recommendations for improvement.

- Process Improvement: Collaborate with the warehouse, procurement, and finance teams to develop and implement process improvements that enhance inventory accuracy and efficiency

- Daily Wastage Verification Verify and record daily wastage to ensure accurate inventory levels.

- Investigate discrepancies between recorded and actual wastage.

- Report findings and recommend corrective actions to reduce wastage.

- Discount Check Review and verify all discounts applied to inventory items Ensure that all discounts are properly authorized and recorded.

- Identify and report any irregularities or unauthorized discounts.

- Stock Reconciliation Reconcile stock discrepancies by cross-referencing purchase orders, delivery Memo, and sales records.

- Identify causes of stock variances and implement corrective measures.

- Data Analysis: Analyze inventory data to identify trends, patterns, and areas for improvement.

Skills:

- Strong analytical and problem-solving skills.

- Excellent attention to detail and organizational skills.

- Proficient in inventory management software and Microsoft Office Suite (especially Excel)

- Knowledge on MS Office, Excel, PPP and other application

- Ability to work independently and as part of a team.

- Strong written and verbal communication skills.

- Knowledge of accounting principles and inventory control procedure.