Stock Take Planner

Panda Retail Company – Savola Group; Jeddah; On-site; SAR 60,000 - 120,000; Full time

Job summary

Panda Retail Company – Savola Group is seeking an Inventory & Stock Count Specialist to manage physical stock takes, ensure correct cut-off dates, and generate accurate inventory reports for stakeholders. The role requires collaboration with store and district managers to support inventory data and cutover activities, plus handling SKU write-offs when needed.

The candidate must have a bachelor’s degree in business or finance and at least 2 years of experience in operational financial activities,

Qualifications

• Bachelor’s degree in business administration, accounting or finance.
• Minimum 2 years of experience in operational financial activities.
• Fluent English; Arabic preferred.

Responsibilities

• Handle physical stock takes and ensure accurate cut-off for stock counting.
• Prepare stock count reports and share with stakeholders for visibility.
• Coordinate with store and district managers for inventory data and cutover activities.
• Support write-offs of SKUs or stores as needed per business requirements.
• Prepare SIM schedules and update with communications.
• Generate and review variance reports; verify and post counts in SIM.

Skills

Financial analysis

Bilingual English/Arabic

Excel advanced

Inventory management

Education

Bachelor's degree in business administration, accounting, finance

Tools

SIM

BI reporting tools

Job description

Job Purpose:

Handle all activities related to Physical stock take & ensure the proper cut-off date for the stock count and provide accurate inventory count report. Prepare reports related to stock count and share it with the stakeholders to have more visibility and to spot the root cause of the stock loss in line with Panda’s objectives.

Key Accountabilities:

• Interacting with Store Managers & District managers to support with data related to store’s inventory cutover activities.


• Support all the departments in writing off SKUs or an entire store, as per the business need.


• Prepare & update SIM schedule based on the communication.


• Create product group of concern store/ departments that will undergo stock count and shared with concern stakeholders.


• Prepare the following reports / data and shared with concern & make sure that All the transactions (Sales, DSD, RTV, DC charges) are flown to system before stock count initiation.


• DSD/RTV, Transfer IN/OUT report prior to the stock take of the scheduled store.


• GIT and Open transactions before physical stock take.


• Bulk Sales issues


• Holding the sales of physical inventory store, till final posting.


• Pending invoices – communicate to concern and resolve it


• Generate pre-posting variance report and select high variance SKUs for re-verifications


• Do the needed correction and post the count data in SIM


• Captured the required data to update BI.


• Prepare top 30 SKUs of location after each store stock count.


• Prepare the full reconciliation of the counted store for 2nd adjustments.


• Prepare and share the report for Fresh Food Inventory / Supplies & Packaging count it and share with stakeholders.


• Advice & follow up with stores in all issues related to wrong adjustments to be fixed.


• Make sure all the stores have posted stock take results on SIM/RMS as per the monthly plan.


• Analyze the final stock take result to identify any kind of discrepancies, Wrong count, repeated patterns, high value variances/adjustments

Qualification:

Bachelor's degree in business administration, accountancy, finance, or any other related field.

Experience :

Minimum 2 years of experience in Operational Financial activities .

Key Competencies:

• Financial and analytical skills


• English & preferably Arabic proficiency


• Microsoft Office (Excel Advanced Level)