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GMG

Retail Audit & Fraud Prevention Executive

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Job Description

About GMG:

GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG's investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the world's most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.

At our very core, we are a human environment passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. A GMG career empowers you to make an impact locally and globally, as you are provided with the opportunity to make a mark and stand out, as long as you seek it. With GMG, you are enabled and encouraged to grow not only as professionals, but also as people. We are looking for a Brand Manager Special Projects to delight target consumers, build brand portfolios, and generate strong brand building results.

Retail Audit & Fraud Prevention Executive

Role Summary:

The role holder is responsible for providing assistance in reducing loss and minimizing risk(s) while following the retail audit and fraud prevention best practices, SOPs, processes and policies. The role holder is also responsible for drafting and submitting all reports related to incident and investigation.

Job Responsibilities:

  • Provides assistance in reducing loss, minimizing risks and following the retail audit & fraud prevention best practice, SOPs, processes and policies as set for the function
  • Plans and executes scheduled store audits for each financial year
  • Communicates the retail audit findings in a comprehensive way by sharing audit report within predefined timelines and discusses the same with direct Line Manager of the audited store
  • Assists in the categorization / segregation of stores by their risk status
  • Maintains data base of recoveries linked to both internal and external investigations
  • Executes all major investigations by gathering evidence, collecting necessary paperwork, interviewing witnesses / suspects, completing case management process and submitting final report containing background, findings and investigation summary
  • Completes spot checks(cash/safe/locker) and ensure they comply with the company policies
  • Conducts in-store training for staff and management to raise awareness on loss and operational risks preventative tools
  • Ensures all incidents are reported in timely manner, and responds to any event/incident that may need Loss prevention support/attendance
  • Works closely with inventory department by obtaining up to date stock-take results, highlighting poor results, getting involved with post stock-take investigation
  • Manages the revenue enhancement projects and initiates additional cost saving opportunities within the business.
  • Completes the new location checklists and conduct asset verification on location closures.
  • Coordinates with legal entities in relation with investigations outcomes including Police and Public Prosecution Visits.
  • Carries out ad hoc assignments based on management requests

Experience:

  • A minimum of 5 years of relevant experience as a retail audit and fraud prevention associate / specialist in a large retail organization
  • Proficiency in audit processes and techniques. Excellent investigative skills and ability to analyze data.
  • Knowledge of risk assessment and mitigation strategies.
  • Ability to prepare and present detailed reports and recommendations.
  • Strong attention to detail and problem-solving abilities.
  • Excellent knowledge of local land geographical laws and regulations regarding theft, fraud, and asset protection.
  • Good background in computer applications such as MS Office (Word, Excel, PowerPoint, Outlook), data visualization / analytical tools
  • Ability to see beyond what's obvious
  • Attention to detail and big picture alike

Educational Qualifications:

  • Degree or Certification in Business Administration or any relevant field
  • Any certification relevant to retail audit / fraud detection / investigation is a plus

Language Skills:

  • Proficiency in English (written and spoken)
  • Arabic language skills are an advantage

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About Company

Job ID: 136227211