Role Overview:
We are seeking an experienced Assistant Manager - Stock Audit to independently plan, coordinate, and execute stock audits across warehouses, branches, project sites, customer locations, and third-party storage facilities. The role will focus on ensuring inventory accuracy, identifying discrepancies, strengthening internal controls, and improving inventory management processes across the organization.
Key Responsibilities:
Stock Audit & Inventory Verification
Conduct scheduled, surprise, cycle, half-yearly, and year-end stock audits.
Verify physical inventory against SAP ERP and warehouse management system records.
Perform inventory reconciliation and investigate stock variances.
Review stock movements, inventory adjustments, and transaction accuracy.
Monitor inventory held at warehouses, project sites, customer locations, and third-party facilities.
Discrepancy Investigation & Controls
Analyze stock shortages, excesses, and inventory discrepancies.
Identify root causes of inventory variances and recommend corrective actions.
Review stock adjustment requests and ensure proper approvals and documentation.
Investigate potential stock losses, unauthorized movements, and control breaches.
Track recurring issues and recommend process improvements.
Audit Reporting & Compliance
Prepare detailed audit reports highlighting findings, risks, financial impact, and recommendations.
Present audit findings to management and ensure timely closure of corrective actions.
Maintain audit trackers, dashboards, and supporting documentation.
Support internal, external, and statutory audits.
Process Improvement
Review and enhance stock counting procedures and inventory controls.
Work closely with Warehouse, Supply Chain, Procurement, Finance, Projects, and IT teams.
Support improvements in SAP inventory processes, stock reconciliations, and reporting.
Train and guide operational teams on inventory control best practices.
Desired Candidate Profile
Required:
Bachelor's Degree in Accounting, Finance, Supply Chain, Logistics, Business Administration, or a related field.
Professional certifications such as CIA, CISA, CFE, CPA, CMA, ACCA, or Inventory Control certifications will be an added advantage.
5-8 years of experience in Stock Audit, Inventory Audit, Internal Audit, Warehouse Audit, Inventory Control, or Supply Chain Audit.
Strong experience in conducting end-to-end inventory and warehouse audits.
Hands-on experience with: Physical stock counts / Cycle counts / Inventory reconciliation / Warehouse operations / Inventory discrepancy investigations / Project inventory audits
Experience working with SAP ERP (mandatory).
Exposure to WMS / Warehouse Management Systems such as Shiplogix or similar platforms.
Experience auditing high-value inventory, project stock, consignment stock, customer-held stock, and warehouse operations.
Experience in presenting report / data to CEO & other stakeholders
Prepare and present clear, accurate, and timely audit reports highlighting inventory discrepancies, control gaps, root causes, financial impact, and recommendations for corrective action.