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Loss Prevention Manager

Metro Brands Limited
Mumbai
Experience2 years
Salary INR 2.5e+06 - 3e+06 per yearly
LocationMumbai
Job TypeFull time
Skills: Inventory Management
Job Description
Job Title: Loss Prevention Manager Company: Metro Brands Limited SAP Module: SAP MM Roles & Responsibilities: Hiring for Loss Prevention Manager Role & responsibilities To prevent and minimize loss of company assets, including merchandise, cash, and property by implementing effective loss prevention strategies, monitoring store operations, and ensuring compliance with company policies and procedures. Key Responsibilities * Monitor store inventory movements and identify reasons for shrinkage. * Conduct surprise physical stock audits at stores. * Investigate stock shortages, excess inventory, and discrepancies. * Ensure proper segregation of Metro brands and partner brands inventory where applicable. * Analyse stock variance reports and recommend corrective actions. 2. Store Surveillance & Monitoring * Monitor CCTV surveillance systems to detect theft, fraud, or suspicious activity. * Investigate internal theft, shoplifting, and operational lapses. * Ensure proper security procedures and store opening/closing protocols are followed. * Ensure adherence to inventory management SOPs and company policies. * Conduct process audits at stores and warehouses. * Identify control gaps in store operations and recommend improvements. * Conduct investigations into stock loss, fraud, or policy violations, Forensic Investigations * Prepare detailed investigation reports and share with management. * Coordinate with HR and management for disciplinary actions where required. * Coordinate with store operations, warehouse, finance, and audit teams. * Support annual / quarterly stock takes. * Assist in implementing technology-driven solutions for asset protection. Key Performance Indicators (KPIs) Work Location: Mumbai, India Availability: Full time
Requirements
Years of Experience : 2 years Educational Qualification : CA Experience * 2 years of experience in Retail Loss Prevention / Asset Protection / Store Audit * Experience in footwear, apparel, or retail chains preferred Key Skills: Inventory Management Salary: INR 2.5e+06 - 3e+06 per yearly
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