At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.
Senior Executive - Stock Control
Designation : Senior Executive
Location : India Karnataka BLR Yemalur - Block 2
Organization : Fashion & Retail
Job Description:
Job Purpose
To ensure planning, execution and monitoring the inventory audits for all inventory areas like WH, Factories, CFA/CSA, F21 Stores across all business of ABFRL and reporting of MIS in prescribed format to management for decision making to bring process controls.
- Audit planning and execution challenges by coordinating with WH / factory / CFA / F21 stores operation team and other business units for audit date and other requirement alignments.
- Factory corrections done on time for resuming operations.
- Reconciliation of inventory correction with GL balances on month end.
- SIT data circulation and controls on inventory movements for RM and FG items.
- Tracking and working on third party stocks with system and customer portal.
- Control stock movement tracking and provisioning in books and clearing in system.
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
- KRA1 Financials Revenue NSV Rs.5166 Crs.
- EBITDS Rs.396 Crs.
- Inventory (5%) Average Turns.
- KRA2 Execution Ensure audits for Ecommerce, Factory, CFA, CSA, F21 Stores and Warehouses are conducted on quarterly basis by coordinating with respective stake holders.
- MIS Review and publishing to management on timely basis for all business’s
- Inventory Recon Review – BIW Vs SAP (GL) on monthly basis
- Working Monthly GL review of Recovery and Charge off done in system
- Ensure all statutory audit points are closed by working closing with EY audit team by sharing all required schedules.
- Ensure team engagement and collaboration is up to mark.
- Ensure surprise cycle count audits are done on regular basis to have control on process.
- WH and factory visit on quarterly basis for audit and other compliance purpose.
- Work on quantitative report on quarterly basis.
- Monitor third party and control stocks movements are in alignment with SOP.
- KRA3 Control Management Reporting – Monthly Stock Review and Inventory Review at Risk drive for action.
- Management Reporting – Monthly Inventory Ageing Review.
- Inventory reconciliation between GL (SAP) and BIW on monthly to ensure stock movements are in order.
- Ensure physical stock report is reviewed and approved before correction done in system in WH/CFA/CSA location audits.
- Monthly review on write off GL account to ensure provision is made necessary provision is created to have better control.
- KRA4 Process Improvement Perpetual Count at Big Format Stores.
- Warehouse / Factory / Store Process study and Identify Risk areas / Noncompliance areas.
- BPR Projects – Continuous Improvements
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