ASSET INVENTORY AND STOCK CONTROLLER

Al Masaood Energy; Al Khobar; On-site; USD 30,000 - 50,000; Full time

Job summary

A leading company in the energy sector is seeking an Asset Inventory & Stock Controller to manage and maintain accurate inventory records. The role involves implementing efficient inventory control procedures, coordinating with various teams, and analyzing data to improve inventory management. Candidates should hold a relevant Bachelor's degree and have 3-5 years of experience in inventory control or related fields.

Qualifications

• 3-5 years of experience in inventory control, asset management, or warehouse operations.
• Familiarity with ERP systems is essential.
• Experience with TRS activities and equipment.

Responsibilities

• Maintain accurate inventory records and track stock movements.
• Implement inventory control procedures and conduct regular audits.
• Collaborate with procurement and warehouse teams for stock replenishment.

Skills

Attention to detail

Organizational skills

Data analysis

Communication

Coordination skills

Education

Bachelor’s degree in Supply Chain

Bachelor’s degree in Logistics

Bachelor’s degree in Business Administration

Tools

ERP systems

Microsoft Excel

Job description

Job Purpose:

The Asset Inventory & Stock Controller is responsible for managing and maintaining accurate records of inventory levels within the organization. This role involves overseeing stock movements, conducting regular audits, and implementing efficient inventory control procedures to optimize stock levels and minimize wastage. The Asset Inventory & Stock Controller also collaborates with procurement, warehouse, and finance departments to ensure the accuracy of inventory records and valuation for financial reporting purposes.

Key Responsibilities:

• Maintain accurate records of inventory levels, including tracking stock movements and conducting regular audits.
• Implement efficient inventory control procedures to optimize stock levels and minimize wastage.
• Coordinate with procurement and warehouse teams to ensure timely replenishment of stock.
• Conduct regular stock takes and reconcile discrepancies between physical and recorded inventory.
• Analyze inventory data to identify trends and make recommendations for improvement.
• Monitor and report on inventory performance metrics, such as stock turnover and obsolescence.
• Implement measures to prevent stock loss, theft, or damage.
• Collaborate with finance departments to ensure accurate valuation of inventory for financial reporting purposes.

Requirements

Education & Experience

• Bachelor’s degree in Supply Chain, Logistics, Business Administration, or related field.
• 3–5 years of experience in inventory control, asset management, or warehouse operations.
• Familiarity with ERP systems
• Experienced with TRS activities and equipment past experience must be within the same field.

Skills & Competencies

• Strong attention to detail and organizational skills.
• Proficient in Microsoft Excel and data analysis.
• Good communication and coordination skills.
• Ability to conduct physical inspections and reconcile records.
• Knowledge of asset depreciation, stock valuation methods (FIFO, LIFO), and auditing practices.

Preferred Qualifications

• Experience in fixed asset management tools or barcode/RFID systems.
• Certification in inventory or supply chain management (e.g., APICS, CILT, CIPS).
• Knowledge of ISO standards related to asset and inventory control.