Loss Prevention Manager

Metro Brands Limited; Mumbai; On-site; INR 900,000 - 1,800,000; Full time

Job summary

Metro Brands Limited in Mumbai is seeking a Loss Prevention Manager to safeguard assets across stores and warehouses. The role emphasizes preventing shrinkage, strengthening inventory controls, and enforcing company policies.

You will lead investigations into stock loss and theft, coordinate with store operations, HR and finance, and implement technology-driven asset protection solutions. 6–8 years of retail LP experience and a CA qualification are preferred.

Qualifications

• CA preferred with 6–8 years in retail loss prevention or asset protection.
• Experience in footwear, apparel or retail chains is advantageous.

Responsibilities

• Prevent and minimize loss of company assets including merchandise, cash and property.
• Monitor store operations and ensure compliance with policies and procedures.

Skills

Loss Prevention

Inventory Control

Surveillance

Investigations

Education

CA

Tools

CCTV Systems

Stock Audits

Job description

Hiring for Loss Prevention Manager

Years of Experience : 6-8 Years

Educational Qualification : CA

Location : Kurla West

Role & responsibilities

To prevent and minimize loss of company assets, including merchandise, cash, and property by implementing effective loss prevention strategies, monitoring store operations, and ensuring compliance with company policies and procedures.

Key Responsibilities

1. Inventory & Shrinkage Control

• Monitor store inventory movements and identify reasons for shrinkage.
• Conduct surprise physical stock audits at stores.
• Investigate stock shortages, excess inventory, and discrepancies.
• Ensure proper segregation of Metro brands and partner brands inventory where applicable.
• Analyse stock variance reports and recommend corrective actions.

2. Store Surveillance & Monitoring

• Monitor CCTV surveillance systems to detect theft, fraud, or suspicious activity.
• Investigate internal theft, shoplifting, and operational lapses.
• Ensure proper security procedures and store opening/closing protocols are followed.

3. Process Compliance

• Ensure adherence to inventory management SOPs and company policies.
• Conduct process audits at stores and warehouses.
• Identify control gaps in store operations and recommend improvements.

4. Investigation & Reporting

• Conduct investigations into stock loss, fraud, or policy violations, Forensic Investigations
• Prepare detailed investigation reports and share with management.
• Coordinate with HR and management for disciplinary actions where required.

6. Coordination

• Coordinate with store operations, warehouse, finance, and audit teams.
• Support annual / quarterly stock takes.
• Assist in implementing technology-driven solutions for asset protection.

Key Performance Indicators (KPIs)

• Reduction in inventory shrinkage percentage
• Accuracy of physical stock vs system stock
• Number of loss prevention audits conducted
• Forensic Investigation
• Closure of investigation cases
• Compliance level across stores

Experience

• 78 years of experience in Retail Loss Prevention / Asset Protection / Store Audit
• Experience in footwear, apparel, or retail chains preferred