Stock Auditor

Krishna Jewellers Pearls And Gems; Hyderabad; On-site; INR 400,000 - 600,000; Full time

Benefits offered by this job

Health Insurance

Provident Fund

Paid Leave

Yearly Bonus

Career Growth Opportunities

Daily Snack

Job summary

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

You will coordinate with Store Managers and Finance, ensure compliance with stock handling procedures, and support audits with clear reporting and data-driven insights for improved stock control.

Qualifications

• Bachelor's degree required.
• 25 years of experience in stock audit or inventory control.
• Experience in jewellery retail is preferred.
• Certification in Audit or Inventory management is an added advantage.

Responsibilities

• Stock Verification & Audit: conduct daily, weekly, and monthly audits; verify inventory against ERP/system records.
• Inventory Reconciliation: compare physical stock with records; investigate discrepancies and close variances.
• Process Compliance: ensure adherence to stock handling procedures and proper approvals.
• Reporting & Analysis: prepare audit reports and provide management with inventory insights.
• Coordination: work with Store Managers, Sales, Operations and Finance; support audits.

Skills

Stock Verification & Reconciliation

Inventory Management

Internal Audit Procedures

MS Excel

ERP Software Knowledge

Analytical & Problem-Solving Skills

Attention to Detail

Documentation & Reporting

Communication & Coordination Skills

Education

Bachelor's degree in commerce/business

Tools

MS Excel

ERP Software

Job description

Job Title: Stock Auditor

Location: Hyderabad

Department: Audit

Reports To: Audit Lead / Management

Job Summary

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

Stock Verification & Audit

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.

Inventory Reconciliation

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

25 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

Inventory Management

Internal Audit Procedures

MS Excel (VLOOKUP, Pivot Tables, Reports)

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.

Key Competencies

High Integrity & Confidentiality

Strong Numerical Ability

Detail-Oriented Approach

Analytical Thinking

Process Compliance

Ability to Work Independently and Meet Deadlines

Salary

Best in the Industry

Benefits

Health Insurance

Career Growth Opportunities

Provident Fund.

Paid Leave.

Daily Snack.

Yearly Bonus.

A supportive and friendly work environment