Job Requisition ID: 174715
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the worlds most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview Of The Role:
The Inventory Controller is responsible for maintaining efficient inventory control procedures to ensure that stocks are available when needed and stock movements are accurately tracked. The role aims to minimize stock loss risks through diligent process management and compliance with operating procedures. The Inventory Controller will play a critical part in supporting the operation of 20 stores across the UAE, KSA, and Qatar.
What You Will Do:
Inventory Management
- Track shipments and control product inputs and outputs from warehouses and other stores. Escalate stock discrepancies to suppliers by raising SRD reports and ensure adjustments in the system.
- Ensure stock accuracy by performing weekly investigations and segregating damages. Manage the movement of damaged units and support management with required reports and feedback.
- Verify periodically the matching between physical quantities in stocks and system records, coordinating with brand teams and management to undertake corrective measures.
- Accurately record missing barcodes and update the brand team in Dubai with details of merchandise with unidentifiable barcodes. Ensure such items are separately stored in the stock room with updated reports to the OPM monthly.
Event and Support Management
- Prepare the store for marketing events, arrange stock count procedures, and segregate stocks for easy scanning and counting.
- Be physically present during maintenance work activities in the store, often at night after store closing.
Financial and Asset Management
- Participate in annual business planning and manage monthly budgets. Create purchase orders, track invoices, and ensure completion of work within SLA and with invoiced payments.
- Manage all non-merchandise assets stored inside stock rooms for business-related activities.
- Monitor DSR (Daily Sales Reconciliation) and ensure documentation is compliant, performing audits of reports, and reconciliation of cash, tenders, and credit cards.
Operational Compliance
- Ensure adherence to all policies and procedures relating to admin and stock movement processes, reporting any SOP breaches to management.
- Process inventory adjustments for damages, expired items, testers, transfers, and special orders.
- Maintain accurate records for stock movement and apply for relevant promotional permits as required.
Required Skills To Be Successful:
- Strong organizational and inventory management skills.
- Ability to analyze stock discrepancies and resolve them effectively.
- Excellent communication skills with the ability to coordinate with suppliers and brand teams.
- Proficiency in relevant IT systems for inventory tracking and reconciliation.
What Qualifies You For The Role:
- Diploma or High School education is required.
- Minimum of 3-4 years of experience in retail stock handling in the local market is required.
- Good IT skills and qualifications in supply chain management/logistics are beneficial.
- Proven ability to manage inventory accurately and efficiently across multiple locations.
About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.
About Al-Futtaim Malls
Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers.
Part of the Al-Futtaim Group, Al-Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, both from a shopper’s point of view but as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco.
Leveraging on the expertise of its parent company, Al-Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al-Futtaim Mall’s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.
For more information on Al-Futtaim Malls, please visit https://www.al-futtaimmalls.com/
About Al-Futtaim Engineering & Technologies
Al-Futtaim Engineering & Technologies offers customers complete engineering and systems integration solutions.
The Engineering arm operates in the UAE, Qatar, Saudi Arabia and Egypt providing a wide variety of products and services from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, building products, MEP, Energy Management, Technology Infrastructure and Digital Transformation.
The Technologies division provides complete business solutions to large, medium and small customers that include, contact centre solutions, business applications, business intelligence, data management, advanced analytics amongst others. The IT infrastructure portfolio comprises IP telephony, ELV systems, networking solutions, professional audio-visual solutions and managed services.
These solutions are further complemented by services that include project management, installation, testing, commissioning and after-sales maintenance contracts.