Cost Control Specialist📣 Job Ad

About the Role

REEF GROUP is seeking a detail-oriented and analytical Cost Control Specialist to manage and optimize inventory operations across warehouses, retail branches, and e-commerce channels within the perfume retail sector. This role is critical for ensuring inventory accuracy, availability, and efficiency. The specialist will monitor stock movements, analyze data, and support decision-making through advanced reporting using Power BI and Excel. At REEF GROUP, you will be part of a fast-growing retail environment that values data-driven decisions, operational excellence, and continuous improvement. This position offers the opportunity to directly impact inventory performance and support the growth of premium perfume brands across multiple channels.

Key Responsibilities

• Monitor daily stock balances across warehouses and retail branches.
• Ensure accurate recording of all stock movements, including receiving, transfers, returns, and damages.
• Maintain optimal stock levels to prevent shortages or overstock situations.
• Track slow-moving and fast-moving perfume items and provide actionable insights.
• Ensure proper barcode labeling and SKU identification for all products.
• Monitor storage conditions and handling of fragile perfume items.
• Ensure damaged or leaking items are accurately recorded and properly isolated.
• Coordinate stock transfers between branches to ensure balanced availability.
• Ensure all stock movements and transactions across branches are correctly recorded in the system.
• Conduct regular cycle counts and participate in annual stock counts.
• Investigate stock variances and identify root causes of discrepancies.
• Implement shrinkage prevention measures in warehouses and retail stores.
• Ensure testers and promotional items are properly controlled and recorded.
• Monitor stock allocation for online orders and fulfillment centers.
• Ensure synchronization between system stock levels and physical inventory.
• Prevent overselling by maintaining accurate and up-to-date stock data.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, Data Analytics, Business Administration, or a related field.
• Minimum of 5 years of experience in retail inventory control or warehouse operations.
• Experience in perfumes, cosmetics, FMCG, or luxury retail is highly preferred.

Required Skills

• Proficiency in Power BI for inventory analysis and dashboards.
• Advanced Excel skills and reporting capabilities.
• Experience using ERP systems (ERP 365 or similar retail inventory systems).
• Strong understanding of warehouse operations and replenishment planning.
• Strong analytical, organizational, and problem-solving skills.

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of relevant experience.