Inventory Control Manager

Majid Al Futtaim invites you to join us in our quest to create great moments
for everyone, everyday! We are the leading shopping mall, residential
communities, retail and leisure pioneer across the Middle East, Africa and
Asia, serving over ‎560 million visitors a year. For the past two decades, we
have shaped the consumer landscape across the region, transforming the way
people shop, live and play, while maintaining a strong sustainability track
record and the largest mall in the world to attain LEED Gold EBOM
Certification. We have over ‎40,000 team members in ‎15 international markets
representing over ‎100 nationalities - all keeping the customer at the heart of
everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid
Al Futtaim is the destination for you.
Role Purpose:

The Inventory Control Manager supports the Finance Department through the use
of inventory management techniques to determine optimum level of inventory
ensuring overall Inventory Control efficiencies. Leading a team of Inventory
Controllers, they ensure day-to-day tasks of updating inventory records and
stock counts are effectively delivered, minimizing inaccurate inventory
reporting and stock loss.

Responsibilities will include, but will not be limited to the following:

Operational Excellence

Financial & Standards

Customer

• Responsible for the planning of the Full Year Inventory Count calendar and overseeing the seamless execution of the cycle count schedule.


• Plan the manpower and other resources for the inventory count working collaboratively with the Store, Warehouse and Finance teams.


• Responsible for swift and accurate reconciliation and resolution of inventory variances, identifying the drivers and recommending appropriate preventive and corrective actions.


• Oversee the preparation of the inventory aging report, flagging the risks to relevant stakeholders and working with Excellence and Compliance and Marketing teams to devise ways for sale of products.


• Oversee the master data for all stock and ensure data sanctity and alignment.


• Coordinating with the relevant stakeholders to perform day to day and monthly inventory operations


• Coordinating with the warehouse team and arrange random counts to ensure accuracy of stock stored in the warehouse versus system.


• Work with Store management Finance Manager to ensure optimum level of inventory and effective allocation of capital.


• Review, design and put in place adequate inventory control function-related business processes, ensuring the update of all Standard Operating Procedures, recommending necessary policies and procedures that will make the delivery of the functions' objectives effective and efficient.


• Contribute and support the business in achieving the Dare Today, Change Tomorrow sustainability strategy.


• Establish a strong cross-function working relationship supporting Store operations with effective stock control initiatives.


• Liaise with the store management to ensure solving any concerns that might arise related to stock and inventory.


• Support in promoting sustainability initiatives to transform the lives of the community and contribute to the net positive impact, and health and wellness.

KPIs

• Inventory Levels


• Shrinkage Levels


• Stock accuracy


• Sustainability Initiatives

Functional / Technical Competencies

• Proficient in Inventory Management tools


• Resource management


• Commercial understanding


• Retail industry knowledge

Leadership Competencies

• Leads the Way - Understands market trends and impact on value drivers affecting areas of responsibility. Regularly reviews and prioritizes work of the team based on urgency and impact. Communicates the vision in a clear and compelling way. Creates clear, balanced roadmaps and ensures alignment. Allocates work in a clear, structured manner. Meets challenging situations head-on.


• Drives Impact - Makes clear, informed decisions. Understands risks associated with the job and ensures team understanding. Involves team members in decision making and takes ownership and responsibility for decisions made. Makes hard decisions and knows when to "make the call" versus upward delegations.


• Thinks Customer - Has a good understanding of customer segments and helps team to understand them. Frequently solicits customer feedback, works with the team to ensure customer expectations are met and exceeded. Actively encourages team members to adopt "customer first" mindset.


• Thinks Group - Identifies and pursues opportunities with potential and benefit for the group. Promotes collaboration with other teams and departments. Plays a leading role in establishing team targets ensuring they are ambitious and measurable. Proactively addresses perceived issues and leads resolutions in a constructive manner. Celebrates team achievements. Is responsive and communicates openly and keeps relevant stakeholders in the loop.


• Develops Talent - Delegates responsibilities to improve efficiencies within the team. Invests time and effort to coach team members. Provides fact based, detailed and actionable constructive feedback. Is able to have difficult conversations while maintaining calm and composure.


• Fosters Innovation - Regularly discusses new ideas focusing on potential rather than limitations. Actively pushes team to identify best practices and encourages discussion of new ideas. Leads team in assessing feasibility and impact of new ideas for sound implementation.

Qualifications & Experience

Qualifications/Education
* Graduate degree in administration or supply chain management
* PMP Certification is an advantage

Experience
* ‎5-‎7 years' experience in the Retail industry
* Inventory management experience is mandatory