Stock Audit

Krishna Jewellers Pearls and Gems Private Limited; Hyderabad; On-site; INR 350,000 - 550,000; Full time

Benefits offered by this job

Health Insurance

Provident Fund

Daily Snack

Yearly Bonus

Supportive work environment

Job summary

Krishna Jewellers Pearls & Gems Pvt. Ltd. seeks a meticulous Stock Auditor to oversee inventory accuracy across jewellery showrooms. You will conduct regular stock verifications, identify discrepancies, and maintain records for Gold, Diamond, Silver, Pearl, and Gemstone jewellery.

Responsibilities include conducting audits, verifying records, coordinating with store teams, and reporting findings. Experience in jewellery retail is preferred. Health insurance and provident fund offered.

Qualifications

• 2–5 years of experience in Stock Audit, Inventory Audit, Internal Audit, or Inventory Control.
• Experience in Jewellery Retail, Gold, Diamond, Silver, or Luxury Retail industry preferred.
• B.Com, BBA, MBA, or any Bachelor's Degree.
• Certification in Audit, Accounting, or Inventory Management is an added advantage.

Responsibilities

• Conduct daily, weekly and monthly stock audits in showroom locations.
• Physically verify jewellery inventory against ERP/system records.
• Check product codes, weights, purity details, stone details, and inventory tags for accuracy.
• Verify inward and outward stock movements, including sales, returns, repairs, exchanges, and transfers.
• Identify stock shortages, excess stock, and inventory mismatches.
• Reconcile physical stock with inventory records and audit reports.
• Investigate discrepancies and determine root causes.
• Ensure timely closure of inventory variances and audit observations.
• Maintain accurate records of audit findings and corrective actions.

Skills

Stock verification

Reconciliation

Inventory management

Internal audit

Analytical thinking

Attention to detail

Documentation

Reporting

Communication skills

Coordination

Education

B.Com/BBA/MBA or any Bachelor's Degree

Tools

ERP Software Knowledge

Job description

Krishna Jewellers Pearls & Gems Pvt. Ltd. is looking for a meticulous and trustworthy Stock Auditor to oversee inventory accuracy across our jewellery showrooms. The role involves conducting regular stock verification, identifying discrepancies, ensuring compliance with inventory processes, and maintaining accurate records of Gold, Diamond, Silver, Pearl, and Gemstone jewellery.

Key Responsibilities

• Conduct daily, weekly and monthly stock audits in showroom locations.
• Physically verify jewellery inventory against ERP/system records.
• Check product codes, weights, purity details, stone details, and inventory tags for accuracy.
• Verify inward and outward stock movements, including sales, returns, repairs, exchanges, and transfers.
• Identify stock shortages, excess stock, and inventory mismatches.
• Reconcile physical stock with inventory records and audit reports.
• Investigate discrepancies and determine root causes.
• Ensure timely closure of inventory variances and audit observations.
• Maintain accurate records of audit findings and corrective actions.

Process Compliance

• Ensure adherence to company stock handling and inventory control procedures.
• Verify proper documentation for stock movements and approvals.
• Monitor compliance with showroom inventory security protocols.
• Support implementation of internal controls to prevent inventory losses.

Reporting & Analysis

• Prepare audit reports highlighting discrepancies, observations, and recommendations.
• Submit periodic inventory status reports to management.
• Analyze inventory trends and recurring issues to improve stock accuracy.
• Assist management during annual and periodic stock audits.

Coordination

• Coordinate with Store Managers, Sales Teams, Operations, and Finance Departments.
• Support stock-taking activities during exhibitions, events, and special inventory counts.
• Assist in implementing process improvements related to inventory management.

Qualifications

• B.Com, BBA, MBA, or any Bachelor's Degree.
• Certification in Audit, Accounting, or Inventory Management is an added advantage.

Experience

• 2–5 years of experience in Stock Audit, Inventory Audit, Internal Audit, or Inventory Control.
• Experience in Jewellery Retail, Gold, Diamond, Silver, or Luxury Retail industry preferred.

Required Skills

• Stock Verification & Reconciliation
• Product Audit
• Inventory Management
• Internal Audit Procedures
• ERP Software Knowledge
• Analytical & Problem-Solving Skills
• Attention to Detail
• Documentation & Reporting
• Communication & Coordination Skills

Preferred Skills

• Experience handling Gold, Diamond, Silver, Pearl, and Gemstone inventory.
• Understanding of jewellery stock control and audit processes.
• Knowledge of retail showroom inventory operations.
• High Integrity & Confidentiality
• Strong Numerical Ability
• Detail-Oriented Approach
• Analytical Thinking
• Process Compliance
• Ability to Work Independently and Meet Deadlines

Best in the Industry

• Health Insurance
• Provident Fund.
• Daily Snack.
• Yearly Bonus.
• A supportive and friendly work environment