Inventory Controller

Job Description

Job SummaryResponsible for maintaining records of materials in inventory and on order; Monitors reorder points and initiates action to replenish stock. Reconciles discrepancies in inventories and notifies Line Manager of irregularities.Key ResponsibilitiesMonitors and maintains current inventory levels; processes purchasing orders as required; tracks orders and investigates problems.Records purchases, maintains database, performs physical count of inventory, and reconciles actual stock count to computer-generated reports.Ensure efficient communication level with suppliers on various issues among which credit notes related to return to vendor, damages, change of price and seasonal credit notesOversee all Inventory transactions: sales, receiving, discrepancies upon receiving, transfers between countries, transfers between stores, price changes, promotion & sale, change of season, Return to Vendor, defected items and uniforms to ensure compliance to set policies and proceduresMonitor compliance with the franchise agreements signed with suppliers in order to ensure adherenceParticipate in Preparing the purchase plan and make regular adjustments, based on actual forecast and firm/additional orders, sales projection from the sales departmentEnsure proper testing all business Process for new Opening, Prior to the Opening date.Work with New Product Planning to develop and implement new product launch plans.Responsible for managing and updating discontinuing and transitional items forecasts into the system based on the run outs and new packaging timelines.Receives, unpacks, and delivers goods; re-stocks items as necessary; labels shelves.Processes and/or approves invoices for payment.Processes and documents return as required following established procedures.Maintain store managers are getting the highest and the quickest possible support that helps them maximize their sales by providing trainings, providing needed reports like best-selling / slow-moving and advise whether the replenishment or the promotion to be applied accordingly, providing technical support regarding all inventory applications.Run monthly physical inventory count status to be started and measured against Warehouse Lead annual cycle count planRun annual report to report physical inventory differences and valuesPerforms job-related duties as assigned REQUIREMENTS: Minimum 5 years in managing inventories in retail industryUniversity Graduate preferably BS Commerce or AccountingAbility to work in a high paced environment and to multitaskExceptional communicator both written and verbalSolid knowledge of inventory warehouses will be an absolute advantage.Must have spreadsheet experience with inventories.Strong business acumen to include conceptualization and practical working knowledge of Materials Management and LogisticsFamiliarity with local and international marketHighly organized and able to work in a busy retail environmentAnalytical thinker with strong numerical abilitiesCreative Innovator committed to constant improvementDiligent and conscientiousTeam player/commitment to group goalsHonest and trustworthyPossess cultural awareness and sensitivity

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About Company

Equinox was founded by Sheikh Hassan Bin Sultan Al Thani in 1993 who holds the position of the CEO until today, overseeing the companys strategic direction and development. Originally established with the primary focus of fulfilling opportunities in the burgeoning Qatar real estate market, the companys business streams have multiplied as diversification within the companys portfolio kept pace with the increasing opportunities in the region. Today Equinox has grown to include activities within real estate development and investment, retail, business to business (B2B) as well as local partnership and representation.

The real estate portfolio includes shopping malls, residential compounds, commercial and industrial developments. The retail section covers the major categories such as fashion, home interiors, beauty, accessories, jewellery and toys. B2B section includes contracting, project work and product distribution. As for the local partnership and representation section, it entails alignments with world leading logistics organisations. Spanning Asia, Europe, Scandinavia and America, Equinox portfolio of brands and business partners is truly global.