Factory Inventory Manage

Job Title: Inventory Manager – Jaipur FactoryLocation: JaipurDepartment: Supply / Factory OperationsRole OverviewThe Inventory Manager will be responsible for maintaining full transparency, accuracy, and controlover gold and silver inventory across all factory processes. The role’s core focus is on dailyreconciliation for gold and weekly reconciliation for silver, ensuring zero variance betweenphysical and system stock, and maintaining audit-ready documentation at all times.Key Responsibilities1. Reconciliation & Audit ControlConduct daily reconciliation of gold inventory (raw, WIP, and finished goods) and weeklyreconciliation of silver inventory.Match and verify physical stock against system records (ERP) for every inward, issue,consumption, return, and dispatch.Maintain detailed reconciliation reports and share daily/weekly dashboards withmanagement.Investigate any variance immediately and initiate corrective action with the concernedteams.Ensure reconciliation covers all production stages — Inward, Barcoding, QC, Production, Re-QC, and Dispatch.Maintain an updated audit trail for all metal movements.2. Audit-Ready DocumentationEnsure every inward, issue, and consumption entry has supporting documentation (gateentry, barcode record, issue slip, or digital proof).Prepare monthly audit files for internal and external audits with complete metal accountingrecords.Maintain clear segregation of gold, silver, and alloy stock.Support periodic audits with complete traceability and metal purity validation.3. Process Compliance & ControlEnforce inventory management SOPs across all departments.Conduct surprise physical stock checks at various stages to validate system accuracy.Certify that all material movements (inward, issue, and returns) are system-updated beforethe day’s closure.Highlight non-compliances in metal handling and recommend process corrections.4. Coordination with Factory TeamsWork closely with production, QC, and dispatch teams for seamless reconciliation andphysical verification.Ensure pending transactions (like inward entries, returns, or metal settlements) are closeddaily for gold and weekly for silver.Liaise with the operations and finance teams for accurate valuation and reporting.5. Reporting & AnalysisSubmit daily gold reconciliation reports and weekly silver reconciliation reports to theFactory Manager/AVP-Operation.Track and analyze variance trends, metal recovery, and losses by process.Prepare monthly summaries highlighting exceptions, audit findings, and processimprovements.Key Skills & CompetenciesStrong expertise in metal inventory control and reconciliation.Excellent understanding of gold and silver accounting principles.Proficiency in Excel / Google Sheets and ERP systems.Strong analytical and problem-solving skills for variance investigation.High integrity, accuracy, and attention to detail.Audit-oriented mindset with process discipline.Qualifications & ExperienceGraduate in Commerce / Engineering / Supply Chain; MBA preferred.4–8 years of experience in inventory, audit, or metal control — ideally in jewelry orprecious metal manufacturing.Prior exposure to gold/silver reconciliation or audit reporting is mandatory.