WE ARE NEXUS SELECT Nexus Select Malls is a Retail Portfolio and is India’s first publicly listed retail Real Estate Investment Trust (REIT). Nexus Select Malls marked its foray into Indian Retailing in 2016 with an aim to transform the shopping experience of the Indian consumers. Growing at a great pace since its inception, Nexus Select Malls now boasts of a portfolio of over 10.4 million square feet of Grade A retail space in the country. Nexus Select Malls have thereby established themselves as one of the leaders in the retail real estate industry in India. With an objective of identifying, evaluating, buying, and adding value to the assets that they acquire, Nexus Select Malls today operates across 18 major malls in the country spread across the cities of Mumbai, Pune, Amritsar, Chandigarh, Ahmedabad, Indore, Bhubaneswar, Bangalore, Mysore, Mangalore, Hyderabad, Chennai, and Udaipur. Set up with transformation being its core agenda, Nexus Select Malls seeks to implement best practices and state-of-the-art technology in India by bringing in professional and broader mall management in the country. It also aims to aid its retail partners to compete effectively and cater to the omnipresent needs of the consumers in India. Nexus Select Malls has built its culture & practices around its values being Innovation, Caring, Customer Centricity, Excellence, Accountability & Responsibility, and Integrity, thereby positively impacting all the internal & external stake holders. Purpose of the role: We are seeking a highly organized and detail-oriented Store Senior Executive to oversee daily warehouse operations, ensure 100% inventory accuracy, optimize stock levels, and drive cost efficiency. The role demands strict adherence to FIFO principles, flawless documentation in Yardi, proactive stock management to prevent obsolescence, and effective coordination with vendors & internal stakeholders. Key Responsibilities Inventory Accuracy & Process Compliance: Maintain 100% accuracy in inward/outward material registers (physical vs. system). Ensure all materials are stacked safely and neatly with zero major breakages. Strictly enforce FIFO (First-In-First-Out) for material issuance; eliminate storage of expired/outdated materials. 2. Stock Optimization & Cost Control: Maintain adequate stock levels to ensure uninterrupted operations. Prevent idle stock (>3 months) through proactive planning and coordination, optimizing cash flow and reducing holding costs. Monitor shelf life/expiry dates of materials and initiate timely actions. 3. Documentation & Reporting: Generate and submit detailed monthly stock reports (quantity, value, aging analysis). Perform and document monthly physical stock reconciliations (Books vs. Store Stock) and resolve discrepancies. Process Purchase Requisitions (PRs) and Goods Receipt Notes (GRNs) accurately within Yardi. Preference for Yardi skills: Create/maintain vendor masters and process Purchase Orders (POs) efficiently in Yardi. 4. System & Process Management: Utilize ERP (preferably Yardi) for all inventory transactions, reporting, and reconciliations. Ensure timely system updates for all material movements (inward/outward). 5. Asset Verification & Audits: Coordinate and actively participate in regular physical verification of assets and inventory. Support internal/external audit processes with accurate documentation. 6. Stakeholder Coordination: Negotiate effectively with vendors (pricing, delivery timelines, quality issues) using strong communication skills. Liaise seamlessly with Procurement, Finance, Operations, and other departments for smooth material flow and issue resolution. Skills & Competencies Education: Graduate (BCom, BBA, Supply Chain, or related field). Experience: 3-4 years in store/inventory management, preferably in a similar industry. Technical Skills: Mandatory: Proficiency in inventory management systems/ERPs. Highly Preferred: Working knowledge of Yardi (especially Vendor Master, PO, PR, GRN modules). Strong proficiency in MS Office (Excel for reporting & analysis). Core Competencies: Exceptional accuracy and attention to detail in documentation & physical handling. Proven ability to implement and maintain FIFO and prevent stock expiry/obsolescence. Strong analytical skills for stock level optimization and aging analysis. Excellent communication & negotiation skills (vendors, internal teams). Problem-solving aptitude for discrepancy resolution. Physical stamina for warehouse oversight. Key Performance Indicators: Inventory Accuracy Rate (Target: 100%). Zero Expired Material in Stock. Timeliness & Accuracy of Monthly Reports/Reconciliations. PR Processing Time in Yardi. Reduction in Inventory Holding Costs. Cost to company: up to 4L per annum Job Condition Based at the mall premises; must be available on-site during working hours. OUR SOCIAL PRESENCE Company Website www.nexusselecttrust.com Facebook Nexus Select Trust | Mumbai | Facebook Linkedin Nexus Select Trust: Overview | LinkedIn Show more Show less