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This job is for an Internal Control Executive responsible for overseeing inventory accuracy, preventing shrinkage, and collaborating with departments. You might like this job because it offers opportunities for job rotation and requires investigating stock discrepancies.
Undisclosed
Malaysia, Kuala Lumpur
Job Description
Duties & Responsibilities
• Responsible for overseeing and maintaining the integrity of inventory records, ensuring accurate stock management, preventing shrinkage, and collaborating with other departments to optimize inventory processes.
• Oversee stock receiving processes at the retail level to ensure all incoming goods match purchase orders and are accurately recorded, especially for high-value items.
• Perform regular cycle counts and full stock audits at retail outlets to maintain inventory accuracy.
• Investigate stock discrepancies, determine root causes, and take corrective actions to prevent future variances, ensuring any variances are properly documented.
• Monitor and report on shrinkage rates, providing insights and strategies to reduce stock loss.
• Analyze inventory data to identify trends that may indicate theft, stock misplacement, or vendor fraud and generate insights for loss prevention strategies.
• Collaborate with warehouse, merchandising, and store operations teams to ensure smooth and accurate inventory control processes.
• Communicate regularly with area managers and store managers to address any concerns related to stock accuracy and theft prevention.
• Ensure that all loss prevention policies and procedures related to inventory management are being followed across all outlets.
• Provide regular reports on inventory performance, including discrepancies, shrinkage, and compliance issues.
• Present findings and recommendations to direct superior, highlighting areas for improvement in inventory handling and management.
• To perform ad hoc audit, special review and investigation as and when required.
• Opportunities for job rotation to other Internal Control Sections.
Job Requirements
Job Requirements
• Strong analytical skills with the ability to investigate and resolve discrepancies.
• Excellent attention to detail and problem-solving abilities.
• Good communication skills for reporting purposes.
Company Benefits
Medical Benefits
We provide medical coverage for our employees
Annual Leave and Medical Leave
We have an extensive annual leave of 14 days and medical leaves.
Travel Allowance
We give travel allowance to our employees.
Additional Info
Company Activity
Last active - few hours ago
Experience Level
0 - 10 Years of Experience