Title: Executive/Sr. Executive, Inventory Control & Outlet Cash Management
Company Name: TWELVE Clothing Ltd.
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
∎ BBA/B.com/MBA in Accounting
∎ At least 2 year(s)
∎ The applicants should have experience in the following area(s): Cost Management
∎ The applicants should have experience in the following business area(s): Retail Store
∎ Check Inventory stock counting and accuracy, 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.
∎ Execute 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.
∎ Execute inward products are received and managed according to the company's standard procedure, so materials will be readily available for production or whenever needed.
∎ Organize and maintains the inventory floor area to ensure efficient material storage and handling.
∎ Advice in labeling systems on the stock items.
∎ Execute 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.
∎ Help to provides routine management data regarding inventory performance, which involves evaluating and monitoring usage and cost of materials, consumables and scrap.
∎ Develop 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.
∎ Create and maintains accurate written procedures for the primary inventory control functions and processes, ensuring accuracy and integrity of the stock management system implemented.
∎ Implement 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.
∎ Reconciliation of Outlet cash.
∎ Coordinate periodic safety inspections and testing of any specialized piece of utility equipment.
∎ Perform miscellaneous duties, which are work-related, as assigned.
∎ Age at least 25 years
∎ Experience in Inventory Management & Retail Store
∎ Good knowledge in MS Word, Excel & PowerPoint
∎ Planning and organizing.
∎ Adapting and responding to change.
∎ Formulating concepts and strategies.
Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 28 Sep 2023
∎ 29 Aug 2023
∎ TWELVE Clothing Ltd.
∎ Address : Corporate Office: ABC Heritage (2nd, 4th & 5th Floor), Plot # 2 & 4, Jashimuddin Avenue, Sector # 3, Uttara C/A, Dhaka-1230.
∎ Business : We are a rapidly growing conglomerate, working in industries including RMG, Pharmaceuticals, Retail, IT & Real Estate.