Stock and Cost Control (Financial) | Reef Group
Position Title: Stock and Cost Control (Financial) Location: Riyadh, Saudi Arabia Job Type: Full-Time
About the Role:Reef Group is seeking a detail-oriented and analytical Stock Control Specialist to manage and optimize inventory operations across warehouses, retail branches, and e-commerce channels within the perfume retail sector. This role plays a critical part in ensuring inventory accuracy, availability, and efficiency by monitoring stock movements, analyzing data, and supporting decision-making through advanced reporting using Power BI and Excel.
Key Responsibilities:Inventory Monitoring & Control Monitor daily stock balances across warehouses and retail branches. Ensure accurate recording of all stock movements (receiving, transfers, returns, damages). Maintain optimal stock levels to prevent shortages or overstock situations. Track slow-moving and fast-moving perfume items and provide actionable insights. Warehouse & Receiving Operations Ensure proper barcode labeling and SKU identification for all products. Monitor storage conditions and handling of fragile perfume items. Ensure damaged or leaking items are accurately recorded and properly isolated. Retail Replenishment & Distribution Coordinate stock transfers between branches to ensure balanced availability. Ensure all stock movements and transactions across branches are correctly recorded in the system. Physical Stock & Accuracy Control Conduct regular cycle counts and participate in annual stock counts. Investigate stock variances and identify root causes of discrepancies. Implement shrinkage prevention measures in warehouses and retail stores. Ensure testers and promotional items are properly controlled and recorded. E-commerce & Omnichannel Stock Control Monitor stock allocation for online orders and fulfillment centers. Ensure synchronization between system stock levels and physical inventory. Prevent overselling by maintaining accurate and up-to-date stock data.
Required Qualifications:Education Bachelor’s degree in Accounting, Finance, Data Analytics, Business Administration, or a related field. Experience Minimum of 5 years’ experience in retail inventory control or warehouse operations. Experience in perfumes, cosmetics, FMCG, or luxury retail is highly preferred. Technical & Professional Skills Experience using ERP systems (ERP 365 or similar retail inventory systems). Strong understanding of warehouse operations and replenishment planning. Advanced Excel skills and reporting capabilities. Proficiency in Power BI for inventory analysis and dashboards. Strong analytical, organizational, and problem-solving skills.
Why Join Us? At Reef Group, you’ll be part of a fast-growing retail environment where data-driven decisions, operational excellence, and continuous improvement are valued. This role offers the opportunity to make a direct impact on inventory performance and support the growth of premium perfume brands across multiple channels.