Internal Auditor (Retail) (City of London, London)
Zachary Daniels
- London
- £40,000-45,000 per year
- Permanent
- Full-time
- Plan and conduct audits of concession points of sales and boutiques for all Group Brands to ensure compliance with Group retail guidelines, RACI matrix, local procedures, and contractual agreements.
- Perform store visits to facilitate independent verifications and dialogues with retail team.
- Identify main gaps, set up corrective action plans, and make recommendations for improvement.
- Effectively and timely communicate the results of the retail audits to local Management.
- Support the main stakeholders involved in the set-up of action plans and follow up until their full implementation.
- Review all aspects of inventory management, including stock tracking, valuation, and reconciliation.
- Ensure accurate and up to date records of inventory transactions, including receipts, transfers, adjustments, and disposals.
- Collaborate with cross-functional teams, sales, operations, to gather information and ensure accurate recording of stock movements.
- Analyse inventory-related reports, stock levels and adjustments, develop and monitor KPIs.
- Assist in the development and implementation of inventory management policies and procedures to optimise stock accuracy and efficiency.
- Conduct trainings for point of sales personnel on fundamental retail controls, Group retail guidelines, and local processes.
- Coordinate with external auditors during annual audits and assist in the follow-up and closure of audit action plans for retail-related findings.
- Assist in the roll out of any new Direct to retail (DTR) stores, ensuring sound retail controls and proper control processes are in place.
- Minimum 3 years' experience in external or internal audit or internal control, preferably in retail operations.
- Willing to travel across the UK.
- Excellent team player
- Excellent analytical skills
- Quick thinker, calm under pressure, helpful, and willing to deal with queries
- Good time management skills
- Detail conscious