Gold Purchase

Job Description – Gold Purchase & Metal Handling In-Charge - Only Male candidate required

Department: Purchase & Inventory

Reporting To: Operations / Finance Head

Team Handling: Purchase Assistants, Metal Clerks, Tagging Staff, and Dispatch Staff

Salary : 4Lacs – 6Lacs per annum based on experience,skills, knowledge and attitude.

About us: DAR Jewellery is a 95 year old heritage jewellery brand, being one of the biggest jewellery stores in Coimbatore. It is valued for its products, price, service and transparency. DAR Jewellery is also one of the biggest players in e-commerce for jewellery. DAR is known for paying some of the highest salaries and incentives in the field of jewellery.

• DAR Jewellery has more than 1 lakh collection in its official website and D A R Jewellery Private Limited had launched the Click and collect store for the ease of customer convivence in the Prime location of west Tamil Nadu ( Mettupalayam, Sathyamanagalam and Peelamedu coimbatore). Our Click and Collect Store is a unique Virtual Experience Centre designed to bring you the best of both online convenience and in-store service. It allows you to browse and order your favourite gold jewellery online and collect it at your nearest C&C Store, all while enjoying the lowest Value Addition (VA) cost in India

Venue details:

D A R jewellery has a huge space showroom in the Townhall (25,000 sq ft), which has two way entrance to showcase products in an appealing environment.

1. 551, Vysial St, Prakasam, Town Hall, Coimbatore, Tamil Nadu 641001

and

1. No 392, Big Bazaar St, Prakasam, Town Hall, Coimbatore, Tamil Nadu 641001

Role Objective:

To oversee and control all activities related to gold and metal procurement, receipt, purity verification, stock accounting, and issue to production (smiths) while ensuring timely tagging and dispatch to showrooms with complete documentation and system entries.

Key Responsibilities

Gold Purchase & Vendor Coordination

• Identify and finalize gold suppliers and bullion dealers as per rate, quality, and reliability.
• Ensure daily rate confirmation and purchase planning based on requirements and order backlog.
• Cross-check purchase invoices, purity, and weight with the supplier bill before accepting.
• Ensure compliance with BIS and hallmarking standards during gold receipt.

Stock Receipt & System Entry

• Receive gold metal or ornaments from suppliers with due weighment and purity testing.
• Create GRN (Goods Receipt Note) and ensure entries in ERP/system immediately after verification.
• Segregate gold based on category (metal, coin, bar, bullion, part delivery).
• Maintain inward register with supplier name, purity, weight, and remarks.

Metal Issue to Smith / Workshop

• Issue metal to smiths strictly against approved job orders or voucher.
• Record the weight issued, expected return weight, wastage limit, and metal recovery norms.
• Monitor smith's performance and adherence to metal return timeline.

Tagging & Dispatch to Showroom

• Coordinate with the tagging team to ensure that all finished items are tagged in the system within 24 hours of receipt.
• Verify tagging accuracy — item code, purity, gross/net weight, and rate tag printing.
• Plan and supervise daily dispatch of finished goods to showrooms as per schedule.
• Ensure acknowledgment from showroom with dispatch challan & system sync.

Stock Control & Metal Accounting

• Maintain real-time stock reconciliation between physical and system stock.
• Conduct weekly & monthly physical verification with the accounts team.
• Track gold metal in all forms — bullion, WIP (smith), finished, and showroom stock.
• Investigate discrepancies and report shortages or excess immediately.

Team Leadership & Reporting

• Lead and train the purchase and tagging team for accuracy and speed.
• Ensure timely completion of daily purchase, GRN, issue, and tagging entries.
• Prepare daily, weekly, and monthly stock reports for management.
• Coordinate with accounts for payment release and supplier reconciliation.

Skills & Competencies Required

• Strong understanding of gold purity, hallmarking, and metal handling norms.
• ERP / Jewellery software knowledge.
• Excellent in Excel, documentation, and system entry.
• Eye for detail and high integrity — zero tolerance for stock mismatch.
• Team leadership and coordination across smith, accounts, and showroom.

Qualification & Experience

• Graduate / Diploma in Commerce or Jewellery Management.
• 5–10 years of experience in gold purchase, stock handling, or metal accounting.
• Preferred: Experience in a reputed jewellery retail or manufacturing brand.

Job Types: Full-time, Permanent

Pay: ₹35, ₹50,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Provident Fund

Work Location: In person