Inventory Controller

Position Overview:

The Inventory Controller will be responsible for overseeing and managing the company’s inventory, ensuring that stock levels are accurately maintained, orders are processed in a timely manner, and inventory records are up-to-date. This role requires a high level of precision and organizational skills to manage stock efficiently, prevent inventory discrepancies, and contribute to the overall smooth operation of the business.

Key Responsibilities:

• Monitor, track, and reconcile inventory records across systems (ERP, accounting software, and physical stock).

• Ensure accurate recording of inventory transactions, including receipts, transfers, issues, and adjustments.

• Perform regular stock counts, cycle counts, and audits; investigate and resolve variances.

• Assist in valuing inventory in accordance with applicable accounting standards (e.g., FIFO, LIFO, Weighted Average).

• Coordinate with procurement, warehouse, production, stores and finance teams to ensure inventory accuracy. Regulate movements of stock at all points

• Analyze inventory data to detect trends, slow-moving stock, and recommend optimization strategies.

• Support financial audits by providing inventory data and documentation.

• Prepare and submit regular inventory reports to management, highlighting discrepancies or areas of concern.

• Ensure inventory controls and procedures comply with internal policies and external regulations.

• Participate in month-end and year-end close processes, including journal entries and inventory valuation reports.

• Monitor stock levels to avoid shortages or overstocking that could disrupt business operations.

• Manage and document proper disposal or return processes for damaged or expired items.

• Forecasting supply and demand requirements to ensure stock availability.

Job Type: Full-time

Pay: AED2,500.00 - AED3,000.00 per month

Application Question(s):

• Have you used Power BI or other data visualization tools to track and analyze inventory data?
• Are you experienced with adjusting inventory levels based on forecast data, sales trends, and lead times?
• Are you familiar with key performance indicators (KPIs) such as inventory turnover rate, stock-out frequency, and days of supply?

Education:

• Bachelor's (Required)

Experience:

• planning & forecasting: 2 years (Required)