Loss Control

5 months ago

Mumbai Maharashtra, India Nayara Energy Full time

Job Purpose - Purpose is to closely monitoring, analyse including corrective action to control transit, storage and handling losses of our Product stored at own and hired Depots and contribute in improving overall profitability of the Organisation.
- **ACCOUNTABILITIES & RESPONSIBILITIES
ACCOUNTABILITIES

ACTIVITIES

**1**

**Transit Losses -Ocean losses**:Monitoring, analysis and corrective action for minimizing transit losses

Authority : Can advise Location to stop discharge and gauge the tanks in case of abnormal variation in hourly quantities
- Monitor and analyse coastal vessel Port wise loss / gain performance.
- To ensure timely corrective actions if ocean losses are higher
- Ensuring ullaging and emptiness of Vessel Tanks is checked properly. In case of abnormal variation rechecks are done. Ensuring quality checks are performed as per SOP at unloading locations and any abnormal variation during discharge is properly investigated.Ensuring required diligence is done along with Surveyor for shore OTR finalization at Coastal locations- Initiation on insurance claim as per Policy

**2**

Transit Losses -Road and Rake receipts: Monitoring, analysis and corrective action for minimizing transit losses

Authority: Can advise location to hold receipt of TT in case of suspicious fittings/abnormal variation till investigation is completed
- Monitor and analyse receipts by Rakes and Road Tankers
- Ensuring emptiness of Wagons/TT is checked properly
- Follow up on shortage claims with Railways
- Booking of correct shortage in POD in case of TT
- Coordinating with Locations for proper fittings and sealing at loading locations and checks at receipt locations before unloading
- Ensuring dips are taken with due care and quantity as per the valid calibration
- Due diligence of TT dip rod ,calibration chart as well as fittings

**3**

Storage Loss _ Own Depot : To monitor day to day loss gain performance and advise corrective action

Authority: To advise Location to suspend Tank operation in case abnormal variation in quantity is observed till the time investigation is done.
- Day to Day monitoring and analysis of own depot loss / gain performance and taking measures to control the same as per agreed KPI.
- Ensuring monitoring and checks by Depots during road despatches as well as receipts.
- To ensure timely corrective actions if own depot losses are higher
- Coordinating with Locations to avoid tank dormancy and defloating of IFR/FR tanks
- Ensuring day to day gauging is carried out as per SOP and gauge book is maintained properly.
- Tank behaviour analysis and if required recalibration is done

**4**

Storage Loss _Hired depot losses: To monitor day to day loss gain performance and advise corrective action
- Monitor and analyse hired depot loss / gain performance
- To ensure timely corrective actions if hired depot losses are higher as per agreement terms
- Studying Tanks behaviours to ascertain and arrive at Storage Tanks behaviour pattern
- Ensuring day to day gauging is carried out as per SOP and gauge book is maintained properly.
- Initiating recovery from Service provider in case of losses beyond agreed percentage.

**5**
- Tankage Requirement and Agreements- Initiating process renewal/augmentation of tankage/additional location through procurement
- Third party terminal Bills processing basis the loss/gain permissible limit as per Agreement
- Drafting of Agreement/Addendum and getting vetted from the concerned stakeholders and concluding with the Vendor

**6**
- Coordination and MIS- Timely action/coordination to improve hired location performance in terms of loss / gain
- Monthly MIS on stock loss and transit losses to Management
- Publishing tankage utilization report
- Crosschecking of Material Balancing report/Physical verification reports for any abnormality with system stocks and initiating corrective action
- **SKILLS & KNOWLEDGE
- **Educational Qualifications & Certifications:
Engineering Graduate
- **Relevant (Functional/Level) & Total Years of Experience:
Minimum Eight years with four years of functional experience in Oil

Industry
- **Functional Skills**:

- Thorough knowledge of stocks accounting
- SAP SD and MM module
- Understanding of differ type of losses and its control

Best Operations practices- **Behavioural Skills**:

- Negotiating Skills
- Customer Focus
- Project Management and Nurturing
- Inter-personal Skills
- Operational Excellence

  • Loss Prevention Manager

    3 months ago

    Mumbai, India Reliance Retail Full time

    Company OverviewReliance Retail is India's largest, fastest-growing, and most profitable retailer, offering a diversified omni-channel presence through integrated store concepts and digital platforms. We cater to various needs across Consumer Electronics, Fashion & Lifestyle, Grocery, Pharma, and Connectivity. Our extensive store network, digital commerce...

  • Loss Prevention Director

    6 days ago

    Mumbai, Maharashtra, India Marriott International Full time

    JOB SUMMARYThe Loss Prevention Manager will oversee all loss prevention operations, including patrol processes, emergency responses, investigations, shipping, and receiving processes. They will also be responsible for implementing action plans to monitor and control risk, ensuring guest and employee satisfaction while achieving the operating budget.CANDIDATE...

  • Loss Prevention Executive

    5 months ago

    Pune, Maharashtra, India Market 99 Pvt. Ltd. Full time

    i. Stock audit , ii. Shrinkage, Wastage control , iii. Inward & Outward record , iv. Stores visit for inventory audit v. Daily Reports vi. Staff Observation **Salary**: ₹3.60 - ₹4.20 per year **Benefits**: - Health insurance - Provident Fund Schedule: - Morning shift Supplemental pay types: - Yearly bonus **Experience**: - Loss prevention:...

  • Avp- Stress Testing/loss Forecasting Model

    5 months ago

    Mumbai, Maharashtra, India Citi Full time

    Responsible for Consumer Retail Credit Loss Forecasting Models Oversight and Governance in Asia and European countries. - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model development, validation, usage and on-going performance assessment; -...

  • Loss Prevention Executive

    2 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24166298 **Job Category** Loss Prevention & Security **Location** Moxy Mumbai Andheri West, Plot No. B-38, CTS No. 711, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Conduct key control audit, monitor electronic key boxes, issue/receive master...

  • Loss Prevention Executive

    2 weeks ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Additional Information** **Job Number**24185137 **Job Category**Loss Prevention & Security **Location**Moxy Mumbai Andheri West, Plot No. B-38, CTS No. 711, Mumbai, Maharashtra, India, 400053 **Schedule**Full Time **Located Remotely?**N **Position Type** Non-Management *** Conduct key control audit, monitor electronic key boxes, issue/receive master...

  • Loss Prevention Executive

    5 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24068740 **Job Category** Loss Prevention & Security **Location** Moxy Mumbai Andheri West, Plot No 711, New Link Road, Opp. City Mall, Andheri West, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Conduct key control audit, monitor electronic...

  • Loss Prevention Executive

    5 months ago

    Mumbai, India NATURE'S BASKET Full time

    **Area**: Operations **Designation**: Executive - Loss Prevention **Cadre**: Executive **Experience**: 3- 6 Years **Major Responsibilities**: - Conduct half yearly stock take/ inventory hygiene for all categories - Monthly review of all Fresh categories - Maintain a monthly stock ageing & cover report for all categories - Daily tracking of D&E Report,...

  • Cost Controller

    5 months ago

    Mumbai, Maharashtra, India Adsun Offshore Diving Contractors Pvt Ltd Full time

    **Job responsibilities**: - monitoring and analysing costs - cooperating with project managers to help them meet budgeting goals - writing reports and presenting information to key stakeholders - developing and adjusting budgets - researching to find opportunities to reduce expenses - evaluating project requirements to provide vital resources, including...

  • Loss Prevention Executive

    5 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24035682 **Job Category** Loss Prevention & Security **Location** The Westin Mumbai Powai Lake, #2 & 3B Near Chinmayanand Ashram, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with...

  • Loss Prevention Executive

    1 week ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Additional Information** **Job Number**24192070 **Job Category**Loss Prevention & Security **Location**The Westin Mumbai Powai Lake, #2 & 3B Near Chinmayanand Ashram, Mumbai, Maharashtra, India, 400087 **Schedule**Full Time **Located Remotely?**N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with room...

  • Loss Prevention Executive

    5 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24109151 **Job Category** Loss Prevention & Security **Location** The Westin Mumbai Powai Lake, #2 & 3B Near Chinmayanand Ashram, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with...

  • Loss Prevention Executive

    2 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24167029 **Job Category** Loss Prevention & Security **Location** Courtyard Mumbai International Airport, CTS 215, Opposite Carnival Cinemas, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist...

  • Loss Prevention Executive

    5 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24024291 **Job Category** Loss Prevention & Security **Location** JW Marriott Mumbai Juhu, Juhu Tara Road, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with room access. Conduct...

  • Loss Prevention Executive

    3 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24147083 **Job Category** Loss Prevention & Security **Location** JW Marriott Mumbai Juhu, Juhu Tara Road, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with room access. Conduct...

  • Loss Prevention Executive

    2 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24166163 **Job Category** Loss Prevention & Security **Location** JW Marriott Mumbai Juhu, Juhu Tara Road, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with room access. Conduct...

  • Loss Prevention Executive

    5 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24041850 **Job Category** Loss Prevention & Security **Location** JW Marriott Mumbai Sahar, IA Project Road, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with room access. Conduct...

  • Loss Prevention Executive

    5 months ago

    Mumbai, Maharashtra, India Marriott International, Inc Full time

    **Job Number** 24084092 **Job Category** Loss Prevention & Security **Location** JW Marriott Mumbai Sahar, IA Project Road, Mumbai, Maharashtra, India VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Non-Management *** Patrol all areas of the property; secure rooms; assist guests with room access. Conduct...

  • Associate Product Controller

    2 months ago

    Goregaon East, Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** The product control function provides support to the financial controllers and trading desks to ensure that the Profit and Loss, balance sheet, and month end close procedures are done correctly and accurately. **Duties and Responsibilities**: - Assist with daily Profit and Loss reporting and month-end close processes - Provide...

  • Financial Controller

    3 weeks ago

    Mumbai, Maharashtra, India NIRMAL Full time

    Job Title: ASSISTANT MANAGER: Accounts Job Summary: We are seeking a highly skilled and experienced Assistant Manager to join our team at NIRMAL. The successful candidate will be responsible for preparing all accounting MIS on a periodic basis, preparing trial balance, profit and loss account, balance sheet, and getting it authorized by management. Key...