Retail Inventory Auditor

Summary

The Retail Inventory Auditor is responsible for supporting the Supervisor Retail Inventory Control in managing and controlling corporate inventory assets. This includes completing timely audits, reports, and documentation that ensure the safety, integrity, and accuracy of inventory across all assigned locations. The role involves identifying discrepancies, assisting with corrective actions, and working closely with store and regional teams to drive best practices in inventory management.

Primary Job Functions

This section describes the primary /essential responsibilities that this job performs.

• Conduct semi-annual full audits and counts of assigned facilities.
• Assist in the relocation of market stores and onboarding of new acquisitions.
• Collaborate with location managers to resolve inventory discrepancies and promote best practices in inventory management.
• Work effectively with cross-functional teams, including accounting, marketing, purchasing, and showrooms.
• Prepare and distribute weekly and monthly inventory status reports by location and other relevant categories.
• Consolidate and submit audit results from assigned locations to the Supervisor after each audit.
• Review showrooms shrink/costs monthly and provide reports to the Supervisor as needed.
• Assist in process and procedure improvements to reduce inventory shrink and optimize working capital.
• Investigate and resolve inventory issues promptly by working directly with location managers.
• Maintain proficiency in all computerized inventory systems and related processes.
• Frequent traveling to assigned locations to conduct inventory counts and audits by way of car and or plane
• Identify and report failures in inventory management execution to appropriate management.
• Ensure the integrity of all inventory adjustments in the Storis operating system.
• Provide comprehensive inventory audit reports after each audit and review findings with local management to improve practices and reduce shrink.
• Perform root cause analysis on shrink issues; ensure location management develops and submits corrective action plans.
• Collaborate with Supervisors to review and approve corrective action plans before reporting results to the Director.
• Report any observed security risks at assigned locations through the audit report process.
• Complete full reconciliation of all inventories shrink in assigned locations.
• Lead and guide location managers in maintaining inventory integrity by identifying process breakdowns and raising awareness.
• Ensure all locations are audit-ready using pre-inventory checklists and scheduled inventory calls leading up to and during audits.
• Demonstrate the Company’s Core and Growth Values in the performance of all job functions.

Secondary Job Functions

This section describes the secondary responsibilities that this job performs.

• Maintain reliable attendance.
• Actively participate in departmental meetings, training and education. Assist with training other employees and providing backup.
• Complete other assignments and special projects as requested.

Job Qualifications

• High School Diploma
• 1-2 years’ experience working in inventory or a related area of operations
• Experience in using RF scan equipment
• 1–2 years of experience in inventory management or a related field

Knowledge, Skills and Abilities

• Strong ability to administer and manage assigned programs effectively.
• Ability to interpret and apply policies, procedures, and standards.
• Excellent organizational skills to maintain accurate records and reports.
• Analytical skills to interpret information, draw valid conclusions, and recommend solutions. Strong writing skills to prepare reports, proposals, and analyses on complex issues.
• Ability to set priorities, meet deadlines, and make sound decisions under pressure. Commitment to maintaining up-to-date knowledge and skills for the role.
• Effective communication skills, both written and verbal.
• Strong relationship-building skills with employees and management at all levels.
• Strong computer skills using Excell spreadsheet
• Strong attention to detail
• Excellent verbal and written communication skills
• Excellent interpersonal skills
• Effective time management and organizational skills
• Work independently as well as in a team environment
• Document management system
• Analytical and problem solving skills
• Maintain confidentiality
• Working knowledge of Continuous Improvement
• Handle multiple projects simultaneously within established time constraints
• Proficient computer skills, including experience with Microsoft Office Suite, internet
• Perform under strong demands in a fast-paced environment
• Work professionally with customers and co-workers to efficiently serve our customers, treating both with enthusiasm and respect
• Display empathy, understanding and patience with employees and external customers
• Respond professionally in situations with difficult employee/vendor/customer issues or inquiries