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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
Job Summary:
The Inventory Controller is responsible for managing and maintaining accurate records of the company's inventory, optimizing stock levels, minimizing carrying costs, and ensuring a seamless flow of goods to meet operational and customer demand. This role is crucial for financial control and operational efficiency.

Responsibilities:
  • Accuracy: Develop, implement, and maintain inventory control procedures and policies to ensure maximum accuracy between physical stock and system records (*, ERP/WMS).
  • Counting: Plan and execute daily/weekly cycle counting programs and full physical inventories, investigating and reconciling all discrepancies.
  • Movement Tracking: Monitor and track all inbound, outbound, and internal inventory movements, ensuring all transactions are recorded correctly and in a timely manner.
  • Optimization & Forecasting: Analyze inventory data (*, turnover, carrying costs) to establish and maintain optimal stock levels, reorder points, and safety stock.
  • Demand Planning: Collaborate with sales and procurement teams to review historical data and market trends to improve demand forecasting accuracy and prevent stockouts or overstocking.
  • Cost Reduction: Identify opportunities for process improvements to reduce inventory shrinkage, obsolescence, and holding costs.
  • Reporting & Auditing: Prepare and distribute regular inventory reports on stock status, variances, slow-moving or obsolete inventory (SLOB), and key performance indicators (KPIs) for management review.
  • Audits: Conduct regular internal audits to ensure compliance with company inventory policies and quality standards.
  • Data Integrity: Maintain the integrity of the inventory management database, including item master data, locations, and unit of measure conversions.
  • Collaboration & Process Improvement: Work closely with Warehouse Operations, Procurement, Sales, and Finance teams to streamline the entire supply chain and resolve inventory-related issues.
  • Training: Train warehouse and other relevant staff on best practices for inventory handling, counting, and system usage.
  • Safety & Organization: Ensure the inventory storage areas are organized, safe, and comply with all regulatory standards.

Job Requirements:
  • Education: Bachelor’s degree in Supply Chain Management, Logistics, Business Administration, or a related field (or equivalent practical experience).
  • Experience: Proven experience (5+ years) in inventory control, logistics, or a similar role.

Technical Skills:
  • Proficiency in inventory management software (*, SAP, Oracle, Odoo) and Warehouse Management Systems (WMS).
  • Advanced proficiency in Microsoft Excel for data analysis and reporting.

Soft Skills:
  • Exceptional attention to detail and a high degree of accuracy.
  • Strong analytical and problem-solving abilities.
  • Excellent written and verbal communication skills.
  • Ability to work independently and collaboratively in a fast-paced environment.

Requirements

  • Requires 2-5 Years experience

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Job Purpose:
This position exists to oversee and analyze cost expenditures and purchases efficiently, ensuring timely execution and adherence to quality standards in alignment with defined policies and procedures to achieve departmental operational plans and developments within a wider scope.

Key Accountability Areas:
  • Actual Costing:
    • Coordinate with production monthly to finalize all actual activities and closing orders.
    • Check all actual data posted by production and make required adjustments.
    • Process period-end closing and posting (WIP, Variances, Unrealized cost, etc.).
    • Post all costing entries and provisions monthly.
    • Analyze and check results of period-end closing every month.
    • Check expenses monthly and make adjustments as required.
    • Manage settlement for investment internal orders to AUC and cost centers.
    • Design and update distribution cycles to allocate service and general cost center costs.
  • Standard Costing:
    • Prepare planned costing data with agreed plant activity.
    • Enter standard costs and plant activity in the system and calculate the rate.
    • Maintain and update activity rates for production work centers.
    • Regularly check and adjust materials master and master data (BOM & Routing) and inform planning for required adjustments.
    • Run material costing to calculate planned cost.
    • Maintain production orders overhead percentage and upload overhead costs to production orders based on that maintained percentage.
  • Costing & Controlling Analysis:
    • Analyze WIP and provide justification for major orders.
    • Analyze unrealized costs and provide justification for major orders.
    • Identify and analyze production, purchasing, and inventory variances.
    • Prepare master consumption reports with proper adjustments.
    • Monitor actual consumption and report irregular costs to management.
  • Monthly Controlling ORM & Financial Reports:
    • Prepare monthly consumption and production masters.
    • Prepare costing statements per product type.
    • Prepare special costing reports and monitor actual vs. budget and standard costing reports with variance analysis.

HR Proficiency:
Ability to maintain updated technical skills related to this job.

Delivery:
Perform planned activities to meet operational targets as per delivery schedules, utilizing resources effectively. Provide periodic reports detailing deviations from planned tasks.

Problem-Solving:
Solve related problems and escalate complex operational issues.

Quality and Compliance:
Ensure quality standards and compliance with policies and procedures. Adhere to health, safety, and environmental management procedures within defined work areas.

Academic Qualification:
Bachelor's Degree in Accounting and Finance or any relevant field.

Work Experience:
2 to 4 Years.

Technical/Functional Competencies:
Cost Accounting, Cost Analysis, Industrial Cost Analysis.

breifcase2-5 years

locationRiyadh

about 22 hours ago