
Business Inventory Manager
7 days ago
We are seeking a highly skilled Inventory Control Specialist to join our team. In this role, you will be responsible for managing inventory across sales channels, including retail stores, marketplaces, and our D2C website.
- Inventory Management:
- Monitor and reconcile inventory levels across sales channels.
- Oversee stock movement accounting (inward, outward, returns, damages, inter-store transfers).
- Ensure accurate valuation of inventory, including landed costs, GST, freight, and other overheads.
- Identify inventory discrepancies and coordinate with Operations & Merchandising to resolve issues.
- Accounts & Financial Management:
- Manage vendor payments, reconciliations, and ensure timely settlement of dues.
- Reconcile sales data with payment gateways, POS systems, marketplace reports, and internal ERP.
- Prepare channel-wise P&L statements, margin analysis, and profitability reports.
- Ensure compliance with statutory requirements on inventory and vendor transactions.
- Cross-Functional Coordination:
- Work closely with the Buying team for procurement accounting and vendor reconciliations.
- Partner with Operations to streamline inventory inward/outward processes and minimize leakages.
- Collaborate with Retail and Merchandising teams to ensure accurate reporting of sales, returns, and stock levels.
- Coordinate with auditors for periodic stock audits and statutory audits.
- Reporting & Controls:
- Prepare and publish regular MIS reports on inventory positions, slow-moving stock, and shrinkage.
- Support management with insights for decision-making on buying, replenishment, and stock allocation.
- Implement stronger financial and operational controls around inventory movement and sales reconciliation.
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