Loss Controller

Job Description

Key Responsibilities:

Monitor and analyze financial data related to losses, including shrinkage, theft, and damages.
Develop and implement strategies to reduce losses and improve profitability.
Conduct regular audits of inventory and financial records to identify potential areas of loss.
Collaborate with store managers and loss prevention teams to implement loss prevention measures.
Train staff on loss prevention best practices and procedures.
Investigate incidents of theft or fraud and work with law enforcement as needed.
Ensure compliance with internal policies and procedures related to loss prevention.
Prepare regular reports on losses, trends, and action plans for reducing losses.
Stay updated on industry trends and best practices in loss prevention.

Requirements:

Proven experience in loss prevention, audit, or financial analysis.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
3 (three) year National Diploma (NQF Level 6) in Auditing/ Forensic Auditing/Risk Management (Required)
3 (three) years practical experience combined in Forensic Investigation and Internal Audit or 3 years is Risk Management/Loss Control.
Exposure to computer-assisted audit software will further enhance the application.