Inventory Auditor

Candor Foods; Navi Mumbai; On-site; INR 400,000 - 700,000; Full time

Job summary

Candor Foods is seeking an Inventory Auditor/Analyst to manage stock reconciliation, cycle counts, and shrinkage control across multiple locations in Navi Mumbai. The role requires strong ERP/WMS experience, advanced Excel skills, and the ability to coordinate with warehouse, procurement, and finance teams.

The candidate will perform GRN verification, fixed asset audits, and ensure SOP adherence with internal controls, driving accuracy in stock valuation and reporting.

Qualifications

• Stock reconciliation and cycle counting
• Shrinkage analysis and loss prevention
• GRN processing and vendor invoice verification
• Aged/dead stock identification and management
• Fixed asset audit and capitalization
• SOP design, implementation, and compliance monitoring
• Internal controls and statutory compliance knowledge
• Root-cause analysis for inventory discrepancies
• Vendor and contract reconciliation

Responsibilities

• Daily stock movement report (inward/outward reconciliation)
• Daily cash/float reconciliation (where applicable)
• Discrepancy log for any stock/system mismatches identified
• Cycle count reports for assigned stores/warehouses
• Shrinking/variance summary reports
• Aged & slow-moving stock status updates
• Pending GRN and vendor invoice reconciliation status
• Full physical stock audit reports (store/warehouse-wise)
• Vendor reconciliation statements
• Dead stock and liquidation recommendations

Skills

ERP systems proficiency

Inventory management software & WMS

Advanced MS Excel

POS system knowledge

Data analysis tools

Tools

SAP

Odoo

Oracle

WMS

Excel

POS systems

Job description

Technical Skills;

• ERP systems proficiency (SAP, Odoo, Oracle, or similar)
• Inventory management software & WMS (Warehouse Management Systems)
• Advanced MS Excel (VLOOKUP, Pivot Tables, formulas for stock reconciliation)
• POS system knowledge for retail stock tracking
• Data analysis and reporting tools

Functional/Domain Skills

• Stock reconciliation & cycle counting
• Shrinkage analysis and loss prevention
• GRN processing and vendor invoice verification
• Aged/dead stock identification and management
• Fixed asset audit and capitalization
• SOP design, implementation, and compliance monitoring
• Internal controls and statutory compliance knowledge
• Root-cause analysis for inventory discrepancies
• Vendor and contract reconciliation

Analytical Skills

• Strong numerical and analytical ability
• Attention to detail and accuracy
• Variance and trend analysis
• Forecasting and demand planning support
• Risk assessment and control gap identification

Soft Skills

• Strong communication and reporting skills (written & verbal)
• Cross-functional coordination (with warehouse, procurement, finance, store teams)
• Integrity, honesty, and confidentiality
• Time management and ability to meet audit deadlines
• Problem-solving and decision-making under pressureTraining and mentoring ability for junior staff/store teams
• Adaptability to multi-location/multi-format audit environments

Deliverables;

Daily Deliverables

• Daily stock movement report (inward/outward reconciliation)
• Daily cash/float reconciliation (where applicable)
• Discrepancy log for any stock/system mismatches identified

Weekly Deliverables

• Cycle count reports for assigned stores/warehouses
• Shrinkage/variance summary report
• Aged & slow-moving stock status update
• Pending GRN and vendor invoice reconciliation status

Monthly Deliverables

• Full physical stock audit report (store/warehouse-wise)
• Monthly shrinkage report with root-cause analysis and corrective action plan
• Inventory turnover and valuation report
• ERP vs. POS/system reconciliation report
• Fixed asset audit report (capitalization/de-capitalization updates)
• Vendor reconciliation statement
• Dead stock and liquidation recommendation report

Periodic/Ad-hoc Deliverables

• Surprise audit reports (petty cash, stock, assets)
• SOP compliance audit report with gap analysis
• New store opening/closing inventory & asset audit report
• Audit observation report with follow-up closure status
• Process improvement recommendations based on audit findings
• Training completion reports for store/warehouse staff on inventory SOPs

Annual/Statutory Deliverables

• Year-end stock valuation and audit certification support
• Statutory compliance audit documentation
• Annual shrinkage trend analysis for management review