Manager - Audit & Loss Prevention (Inventory)

3 - 8 years

9.0 - 14.0 Lacs P.A.

Gurgaon

Posted:1 month ago| Platform: Naukri logo

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Skills Required

inventrory auditdata managementinventory management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Summary: The Manager of Quality & Inventory Audit, Compliance, and Loss Prevention is responsible for overseeing and optimizing inventory accuracy, ensuring compliance with regulatory standards, and minimizing loss through effective risk management strategies. This role involves centrally leading audits, implementing quality control measures, and developing loss prevention programs to safeguard company from counterfeit products and recalls closures. Key Responsibilities: 1. Quality & Inventory Audit: Develop and execute comprehensive inventory audit programs to ensure accuracy and minimize discrepancies. Analyze inventory data to identify trends, root causes of variances, and process improvements. Collaborate with cross functional teams to reconcile discrepancies and implement corrective actions. 2. Compliance Management: Ensure adherence to company policies, industry regulations, and legal requirements (e.g., ISO, FDA, FSSAI, GWP). Maintain documentation and records for audits, inspections, and compliance certifications. Lead internal and external compliance audits, addressing findings and implementing corrective measures. 3. Loss Prevention & Risk Mitigation: Develop and enforce loss prevention strategies to reduce shrinkage, theft, and operational waste. Identify framework to eliminate counterfeit products inwards Investigate inventory discrepancies, theft, or fraud incidents and recommend preventive measures. Train staff on loss prevention best practices and foster a culture of accountability. 4. Process Improvement & Reporting: Identify inefficiencies in inventory management and quality control processes, recommending automation or procedural enhancements. Generate reports on audit findings, compliance status, and loss prevention metrics for senior management. Qualifications & Skills: Education: Bachelors degree in Supply Chain Management, Business Administration, Quality Assurance, Pharma or related field. Experience: 5+ years in inventory control, quality auditing, compliance, or loss prevention, preferably in retail or manufacturing Technical Skills: Proficiency in Google sheets, slides, ERP systems, data analysis tools, and audit software. Soft Skills: Strong leadership, problem-solving, and communication skills; attention to detail; ability to work cross-functionally. Work Environment: On-site corporate office. Occasional travel to multiple locations may be required. Performance Metrics: Inventory accuracy rate (%) Reduction in shrinkage/loss (%) Compliance audit pass rates Process improvement initiatives implemented Counterfeit inward rate

Software Development
Gurgaon Haryana

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