Loss Prevention Manager

Baazar Style Retail Ltd.; Kolkata District; On-site; INR 600,000 - 800,000; Full time

Job summary

Baazar Style Retail Ltd. in Kolkata is looking for a responsible professional to minimize retail losses through effective transaction monitoring and inventory control.

The ideal candidate will have 4-8 years of experience in Loss Prevention or Store Audit and strong knowledge of SAP. Responsibilities include monitoring transaction exceptions, conducting audits, and generating reports for management.

Qualifications

• 4-8 years of experience in Loss Prevention, Store Audit, Internal Audit.
• Experience in Fashion Retail or FMCG Retail preferred.
• Exposure to SAP FI/MM is mandatory.

Responsibilities

• Monitor negative billing, returns, refunds, and transaction exceptions.
• Control inventory shrinkage and stock variance.
• Perform reconciliation between POS, SAP, and inventory records.
• Conduct investigations related to inventory discrepancies.
• Generate MIS and exception reports for management review.

Skills

Loss prevention and inventory control

SAP FI/MM and SAP CAR knowledge

POS monitoring and reconciliation

Store audit and investigation skills

Strong analytical ability

Advanced Excel and MIS reporting

Understanding of retail operations

Education

Graduate in Commerce, Finance, Retail Management

CA Inter

Relevant certifications in Audit / Risk Management

Tools

SAP

Ginesys POS

Job description

Will be responsible for minimizing retail losses by monitoring transaction exceptions, controlling inventory shrinkage, strengthening audit controls, and ensuring process compliance across stores. The role focuses on transaction monitoring, reconciliation, fraud detection, inventory control, and loss prevention through SAP and POS analytics.

PRIMARY RESPONSIBILITIES

• Monitor negative billing, returns, refunds, voids, discount misuse, and transaction exceptions across stores
• Control inventory shrinkage, stock variance, and operational losses
• Perform reconciliation between POS, SAP, and inventory records
• Review SAP CAR, SAP FI/MM, and Ginesys POS transaction reports for irregularities
• Track suspicious cashier activities, billing patterns, and store-level exceptions
• Conduct investigations related to inventory discrepancies and process deviations
• Ensure adherence to SOPs, audit requirements, GST controls, and internal policies
• Support store audits, surprise checks, and loss prevention reviews
• Generate MIS, exception reports, and analysis dashboards for management review
• Coordinate with Operations, Finance, Audit, and Store teams for issue closure and corrective actions

Educational Qualification

• Graduate in Commerce, Finance, Retail Management, or related discipline.
• CA Inter preferred
• Relevant certifications in Audit / Risk Management preferred

Experience

• 4–8 years of experience in Loss Prevention, Store Audit, Internal Audit, Inventory Control, or Retail Reconciliation
• Experience in Fashion Retail, Retail Chains, or FMCG Retail preferred
• Exposure to SAP FI/MM is mandatory

Key Skills & Competencies

• Loss prevention and inventory control
• SAP FI/MM and SAP CAR knowledge
• POS monitoring and reconciliation
• Store audit and investigation skills
• Strong analytical ability and exception handling
• Advanced Excel and MIS reporting
• Understanding of retail operations and compliance controls