Head of Store Controller

About The Job

Grace Construction Chemicals is a leading Ethiopian chemical manufacturing company that produces high-quality waterproofing chemicals, concrete admixtures, and finishing products. Operating under the brand name Darma, we provide specialized solutions to strengthen, protect, and restore structures across the country.

Job title- Head of Store Controller

Terms of employment-Full time

Location-Dukem

Salary and Benefits-Attractive salary with additional benefits

Required No. 1

Key Roles & Responsibilities

 Inventory Control and Management:

• Oversee inventory management across multiple stores; ensuring stock levels are optimized to meet demand without overstocking or running out of stock.
• Lead efforts to implement and maintain inventory control systems, ensuring accurate stock records and reducing discrepancies.
• Supervise regular stock audits, cycle counts, and reconciliation

processes to ensure the accuracy of physical stock versus recorded inventory.

• Coordinate the replenishment and rotation of stock, ensuring stores always have the right inventory mix to meet customer demand.

Financial Oversight and Budgeting:

• Prepare and manage budgets for store inventory and expenses, ensuring alignment with corporate financial objectives.
• Conduct financial analysis to identify areas for cost savings, improve store profitability, and reduce shrinkage (loss from theft, damage, or errors).
• Oversee the financial reporting and stock valuation processes, ensuring accurate accounting of inventory costs and compliance with financial regulations.
• Review and analyze store performance against targets and budgets, identifying and addressing any discrepancies or issues.

Store Operations Support:

• Work closely with store managers and the operations team to ensure smooth and efficient store operations, including stock handling, distribution, and logistics.
• Collaborate with the purchasing and procurement departments to

ensure that the stores are adequately stocked and that purchasing is aligned with actual sales trends.

• Ensure that store-level operational processes, such as receiving, storing, and dispatching inventory, comply with company policies and procedures.

Loss Prevention and Security:

• Implement loss prevention strategies and best practices to minimize stock loss due to theft, damage, or mismanagement.
• Monitor inventory movement and ensure that proper security

measures are in place to protect the stock in the store and during transportation.

• Analyze stock discrepancies and investigate potential causes of shrinkage, taking corrective action when necessary.

Team Leadership and Training:

• Lead and manage the store controller team, ensuring clear roles, responsibilities, and performance expectations are set.
• Provide training to store staff and controllers on inventory management best practices, systems usage, and loss prevention techniques.
• Foster a collaborative and efficient team environment, motivating employees to meet performance targets and operational goals.

Reporting and Data Analysis:

• Prepare regular inventory reports, financial statements, and

performance metrics for senior management, highlighting stock levels, inventory movements, financial performance, and risks.

• Analyze data on stock turnover, sales forecasts, and inventory trends to provide insights for decision-making and strategic planning.
• Monitor and review key performance indicators (KPIs) such as stock accuracy, stock-out rates, and inventory turnover to improve store management.

Compliance and Standards:

• Ensure that stores comply with all legal and company policies regarding stock management, health and safety standards, and financial reporting.
• Maintain up-to-date knowledge of inventory management regulations, compliance issues, and industry best practices.
• Conduct periodic internal audits to ensure adherence to all policies and procedures.

Technology and System Integration:

• Oversee the implementation and use of store management systems (e.g., Point of Sale (POS), Enterprise Resource Planning (ERP), or Warehouse Management Systems (WMS)) to track inventory and financial data.
• Continuously assess and recommend improvements in inventory management systems and technologies to improve accuracy and efficiency.

Perform other job-related duties as required by the company