Executive, Inventory Control & Outlet Cash Management

Job Description

Title: Executive, Inventory Control & Outlet Cash Management

Company Name: TWELVE Clothing Ltd. (A concern of TEAM Group)

Vacancy: Not specific

Job Location: Anywhere in Bangladesh

Employment Status: Full-time

Educational Requirements:
∎ B.Com / BBA / MBA in Accounting

Experience Requirements:
∎ At most 3 year(s)
∎ The applicants should have experience in the following area(s): Inventory Manageemnt
∎ The applicants should have experience in the following business area(s): Retail Store

Job Responsibilities:
∎ Controls perpetual inventory stock counting and accuracy checks, processes and approves payment invoices, and investigates discrepancies and shortages to minimize overstocks and remove redundant and obsolete raw materials after approval.
∎ Oversee inventory of materials and stocked products, which include stock locations and profiles. Using a mainframe computer, he accounts for receipts of new items, returns, back-orders and associated issues, and inputs essential data on all the handled materials, while adhering to strict accounting and auditing procedures.
∎ Ensures that the inward goods and stock control department is properly controlled and organized for sufficient production support and for the achievement of corporate goals.
∎ Based on suggested and computer-monitored order listings, he performs regular cycle counts of inventory materials and assists in conducting yearly physical inventory counts.
∎ Ensures inward products are received and managed according to the company's standard procedure, so materials will be readily available for production or whenever needed.
∎ Organizes and maintains the inventory floor area to ensure efficient material storage and handling.
∎ Advice in labeling systems on the stock items.
∎ Makes sure that any late materials or those that hold up production for a certain reason are followed up until they are received. Also, he sees to it that sub-contract processes are received back and ensures no late deliveries in the future with suppliers.
∎ Provides routine management data regarding inventory performance, which involves evaluating and monitoring usage and cost of materials, consumables and scrap.
∎ Develops the inventory management strategy of the company with the goal to control costs within budget, generate savings, rationalize inventory and maximize the working capital available.
∎ Creates and maintains accurate written procedures for the primary inventory control functions and processes, ensuring accuracy and integrity of the stock management system implemented.
∎ Implements improvement systems and processes to reduce inventory setbacks, while minimizing costs and maximizing working capital. He also ensures that work orders are fully and properly completed and that all stocks have been correctly allocated to corresponding jobs.
∎ Creates daily reports to control the key critical areas of the stock system and address any discrepancy. This task involves managing control measures to make sure inaccuracies and errors are highlighted and resolved.
∎ Outlet cash reconciliation.
∎ Coordinates periodic safety inspections and testing of any specialized piece of utility equipment
∎ Performs miscellaneous duties, which are work-related, as assigned.
∎ Any other job assign by management

Additional Requirements:
∎ Good knowledge in MS Word, Excel & PowerPoint
∎ Knowledge of accounting software.
∎ Should have Honesty & Ethics
∎ Team working ability

Salary: Negotiable

Compensation & Other Benefits:
∎ As per Company Policy

Application Deadline: 26 Sep 2020

Company Information:
∎ 19 Sep 2020
∎ TWELVE Clothing Ltd. (A concern of TEAM Group)

Category: Accounting/Finance

Source: bdjobs.com

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