Inventory Auditor (Fieldwork)

1Rotary Trading Corporation; Metro Manila; On-site; PHP 240,000 - 420,000; Full time

Job summary

The 1Rotary Trading Corporation seeks an Inventory Auditor to ensure accurate stock records across branches. You will design and execute inventory audits, review stock levels, and verify compliance with company policies, helping to minimize discrepancies.

Responsibilities include on-site audits, reporting findings, and collaborating with operations and HR to implement improvements. A keen eye for detail and strong analytical skills are essential for this role.

Qualifications

• Graduate of any 4 year course or its equivalent.
• Minimum of 1 year relevant work experience in inventory management.
• Strong analytical skills.
• Good governance, risk, social responsibility, compliance, environment and sustainability tracking.
• Strict in implementing SOPs (policies and procedures).
• Fair and objective.
• Willing to do fieldwork nationwide.

Responsibilities

• Assist in audit planning and preparation under guidance of the immediate head.
• Conduct fieldwork including stock records reviews and internal controls.
• Assist in developing audit objectives by reviewing information and conducting research.
• Help design, implement, and maintain internal audit procedures and risk assessment processes.
• Conduct on-site audits at branches and document findings.
• Prepare working papers, documentation, and draft audit reports.
• Summarize audit results and communicate to heads and stakeholders.
• Assist in identifying key audit issues and propose improvements.
• Collates and ensures proper filing of every audit report.
• Collaborates with HR, Operations, and other departments to enforce actions and develop strategies for process improvement.

Skills

Strong analytical skills

Inventory management experience

Willing to do fieldwork nationwide

Education

4-year degree or its equivalent

Job description

The Inventory Auditor is responsible for conducting inventory audits, ensuring compliance with company policies, and identifying discrepancies between system records and actual inventory. They help design audit procedures, execute audits at various locations, and recommend process improvements to enhance efficiency and accuracy.

DUTIES/RESPONSIBILITIES:

1. Audit Planning and Preparation

• Assists in the development and execution of audit plans under the guidance of the immediate head.

• Conducts fieldwork for audits, including reviewing stock records, internal controls, and operational processes.

• Assists in developing audit objectives by reviewing available information and conducting research.

• Helps design, implement, and maintain internal audit procedures and risk assessment processes.

2. Audit Execution and Reporting

• Conducts on-site audits, including inventory checks at branches, ensuring adherence to company policies.

• Prepares working papers, documentation, and draft audit reports to support findings.

• Summarizes audit results and communicates to the immediate head and stakeholders.

• Assists in identifying key audit issues and propose recommendations for improvements.

• Collates and ensures proper filing of every audit report.

3. Risk Assessment and Internal Control

• Supports risk assessment processes and assists in identifying internal control weaknesses.

• Evaluates current internal controls and suggests improvements to enhance operational efficiency.

• Identifies gaps or discrepancies found during audits and recommends appropriate measures for resolution.

4. Compliance and Process Improvement

• Ensures compliance with all applicable plans, policies, standards, and internal controls.

• Follow up on audit findings and recommendations to ensure timely resolution.

• Collaborates with HR, Operations, and other departments to enforce actions and develop strategies for process improvement.

• Identifies opportunities for process improvements within audit procedures and internal controls.

• Ensures that audit documentation is complete, accurate, and properly organized for future reference.

5. Inventory Management and Reconciliation

• Conducts physical inventory checks and reconciles discrepancies with system records.

• Monitors stock movement and ensures proper documentation of all transactions.

• Identifies potential risks in inventory handling and recommends measures to mitigate them.

6. Coordination and Communication

• Collaborates with store/branch, warehouse teams, and other departments to gather necessary information and ensure compliance with audit processes.

• Provides guidance and training to staff involved in inventory processes to maintain accuracy and efficiency.

• Assists in facilitating meetings with stakeholders to discuss audit findings and suggestions for improvements.

QUALIFICATIONS:

• Graduate of any 4 year course or its equivalent.

• Minimum of 1 year relevant work experience in inventory management.

• Strong analytical skills

• Good governance, risk, social responsibility, compliance, environment and sustainability tracking.

• Strict in implementing SOPs (policies and procedures)

• Fair and objective

• Willing to do fieldwork nationwide