Cost Control Specialist📣 Job Ad

About the Role

Reef Group is seeking a detail-oriented Cost Control professional to join its team in Riyadh. This full-time position is crucial for managing and optimizing inventory operations across warehouses, retail branches, and e-commerce channels within the perfume retail sector. The role focuses on ensuring inventory accuracy, availability, and efficiency through data analysis and reporting.

Key Responsibilities

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

Required Qualifications

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

Technical and Professional Skills

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

Work Environment

This is a full-time position based in Riyadh. Reef Group operates in a fast-growing retail environment that values data-driven decisions, operational excellence, and continuous improvement. This role offers the opportunity to directly impact inventory performance and support the growth of premium perfume brands across multiple channels.