Inventory Controller📣 Job Ad

Join Al Jameel International Co. Ltd as an Inventory Accountant!

We are looking for a dedicated and skilled Inventory Accountant to join our team in Jeddah, Makkah. In this role, you will be responsible for ensuring the accurate recording, tracking, and depreciation of fixed assets, alongside the proper accounting of inventory in compliance with relevant accounting standards. You will take the lead in periodic physical inventory counts and asset audits, maintaining and reconciling records effectively.

Responsibilities:

• Maintain the fixed asset register and ensure accurate and timely recording of all asset acquisitions, disposals, and transfers.
• Calculate and record depreciation and amortization for all fixed assets.
• Perform regular reviews and audits of fixed asset records.
• Coordinate and conduct periodic physical verification of fixed assets.
• Prepare fixed asset reports, including capital expenditure tracking and asset utilization assessments.
• Maintain and reconcile inventory accounts to ensure accuracy and completeness.
• Assist in preparing for periodic physical inventory counts.
• Investigate and resolve any inventory discrepancies.
• Ensure proper valuation methods for inventory.
• Analyze obsolete and slow-moving inventory for possible write-offs.
• Assist in month-end and year-end closing activities.
• Ensure compliance with local accounting standards and tax regulations.
• Support audits by providing relevant documentation.
• Develop best practices for asset and inventory management.
• Collaborate with departments to streamline asset tracking processes.
• Establish costs for business processes and prepare budgeting reports.

Qualifications:

• Bachelor's degree in accounting, finance, or a related field.
• A minimum of 4 years of relevant experience.
• Strong understanding of financial principles.
• Proficiency in accounting software and Microsoft Excel.
• Familiarity with SAP software is a plus.

Position Summary:
The Inventory Controller is responsible for researching, procuring, managing, and maintaining inventory of raw materials, hardware, and components. The role ensures optimal stock levels, facilitates stock issuance, manages direct sales to faculty, students, and PCL users, and continuously refines inventory processes to support operational excellence.

Key Responsibilities:

• Inventory Management: Maintain accurate records, organize inventory systematically, and ensure diligent stock management.
• Stock Level Optimization: Monitor stock, forecast demand, and initiate procurement to maintain optimal inventory.
• Process Enhancement: Drive initiatives to streamline inventory operations and optimize resource use.
• Data-Driven Decision Making: Use analytics to guide inventory and procurement strategies.
• Supplier Relationship Management: Build strong supplier relationships to ensure reliable access to materials.
• Quality Assurance Oversight: Inspect incoming inventory, address defects, and implement corrective actions.
• Interdepartmental Collaboration: Liaise with internal stakeholders to align inventory practices with organizational goals.
• Direct Sales Facilitation: Manage stock issuance and direct sales processes accurately and efficiently.
• Health, Safety, and Environment Compliance: Adhere to KAUST and PCL safety and inventory policies.
• Continuous Improvement: Support initiatives aimed at refining inventory practices for operational excellence.
• Problem-Solving: Quickly resolve inventory-related issues to prevent business disruptions.
• Other Duties: Perform additional tasks relevant to the role as required by management.

Competencies:

• Proven success in inventory management with a strong focus on precision.
• Proficiency in inventory management software and advanced Microsoft Excel skills.
• Ability to read and interpret engineering and manufacturing Bill of Materials (BOM).
• Forklift and Overhead Crane license holder.
• Physical fitness to handle inventory-related tasks (lifting, standing, moving heavy items).
• Strong communication skills and ability to build supplier and stakeholder relationships.
• Proactive, analytical mindset focused on continuous improvement.

BUSINESS INTRODUCTION
Majid Al Futtaim Holding is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 48000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.

ROLE SUMMARY
The Visual Merchandiser Associate is responsible for coordinating and executing appealing and eye-catching visual displays that lead the customer into and through the entire store, providing an excellent in-store experience. The role contributes to the sales objectives by using effective product placement and visual display to convert window shoppers into prospects, creating an ambiance for ongoing return customers.

ROLE PROFILE
- Responsible For Translating the Visual Merchandising Plan Through Execution of Creative Windows, Product Placements, Props and Floor Designs to Attracts and Engage Customers.
- Execute Seasonal Floor Plans, Launches and Floor Changes.
- Liaise With Contractors and Suppliers to Coordinate the Production and Installation Timeline.
- While Enhancing Brand Presence Through Creative Ideas, Be Cost Sensitive and Contribute to Cost Saving Initiatives When Possible.
- Ensure Brand Standards Are Maintained at All Time While Upholding the Marketing & Communications Principles of MAF Fashion.
- Be Sensitive to New Trends in Visual Merchandising and Aware of Customer Preferences and Responses, Elevating Customers’ In-Store Experience.
- Maintain Good Rapport with The Marketing, Merchandising, Logistics, Store Teams to Ensure Collaborative Efforts Towards Effective Visual Merchandising Leading to Sales Benefit.
- Implement Store Signage Programs According to Commercial Guideline.

REQUIREMENTS
- High School Certificate.
- Fluent In English.
- 13 Years’ Experience Within the VM or Fine Arts Field.
- Attention To Details.

WHAT WE OFFER
At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us! Work from any country in the world for 30 days a year. Work in a friendly environment, where everyone shares positive vibes and excited about our future. Work with over 50000 diverse and talented colleagues, all guided by our Leadership Model.