Industrial Inventory Controller
Founded in 1913 in Italy, the Prada Group was built on a tradition of excellence and with a vision of innovation. The Group, a world leader in the luxury sector, operates in more than 45 countries with the PRADA, Miu Miu, Versace, Church's, Car Shoe and Luna Rossa brands, and has employees of over 100 nationalities.
JOB PURPOSE
The candidate is responsible for ensuring accurate inventory valuation, cost control and month-end closing activities, providing timely financial reporting and variance analysis. It also oversees inventory movements, stock monitoring and reconciliation, ensuring compliance with internal procedures and supporting cross-functional teams in optimizing inventory management.
RESPONSIBILITIES
MONTH END CLOSING ACTIVITIES
Ensure period cost calculation process (manufacturing and purchasing) for Industrial Area and system maintenance
Product Cost variations analysis: average cost vs last month, vs standard, vs actual
Ensure stock in transit, including sales and returns cut off, is properly monitored and confirmed on a monthly basis
Ensure the timeliness, accuracy and completeness of month end close activities for inventory, related inventory reserve and COGS including account reconciliations and roll-forward/back
Ensure that the depreciation policy is properly applied/calculated and provide monthly analysis on delta vs last month
Ensure the standard gross margin is properly calculated and provides monthly analysis, including reconciliation between statutory and analytical balance sheet
Prepare monthly reporting for executive committee
Audit support during stock take period and statutory closing activities
INVENTORY MOVEMENTS
Ensure all merchandise flows are correctly invoiced and booked
Supervise all production orders/work orders are correctly managed and closed on time in collaborations with procurement,
production planning departments and industrial controlling
Supervise and coordinate inventory count processes, ensuring correct management in the transactional system
REPORTING and OTHER ANALYSIS
Provide reporting and hoc analysis on inventory quality by season and by product category and/or by movement type
Monthly check of inventory level for both warehouse and corporate offices
Manage the effective application of internal procedures related to inventory management with Industrial Operations and other corporate functions
Guarantee monitoring of stock level/stock status and rotations to support the different stake holders (merchandising, production, procurement, logistic and industrial controlling) with stock reuse/recycling/disposal activities
KNOWLEDGE & SKILLS
5/6 years of experience in Industrial Inventory Controlling preferably in structured organizations and within the Fashion Industry
Good accounting and finance foundation surrounding inventory and COGS
Computer skills: very good knowledge of Microsoft Office, Advanced Excel; BI tools; Stealth3000 is a plus
Excellent command of both Italian and English, written and spoken
Good relationships skills, social intelligence, teamwork and positive approach
Good organisation, problem solving and analytical skills
#LI-NC1
Joining our Company means working in a creative and international environment, with teams of people motivated by curiosity and the quest for excellence. The engine of our success is the importance and value that we place on the talent and passion of our people leading to their own professional growth.
Prada Group promotes an inclusive work environment, ensuring equal opportunities for all candidates, regardless of gender, ethnicity, sexual orientation, disability, or other personal characteristics. We believe that diversity is a value and we are committed to build a fair and respectful workplace for all.
JOB PURPOSE
The candidate is responsible for ensuring accurate inventory valuation, cost control and month-end closing activities, providing timely financial reporting and variance analysis. It also oversees inventory movements, stock monitoring and reconciliation, ensuring compliance with internal procedures and supporting cross-functional teams in optimizing inventory management.
RESPONSIBILITIES
MONTH END CLOSING ACTIVITIES
Ensure period cost calculation process (manufacturing and purchasing) for Industrial Area and system maintenance
Product Cost variations analysis: average cost vs last month, vs standard, vs actual
Ensure stock in transit, including sales and returns cut off, is properly monitored and confirmed on a monthly basis
Ensure the timeliness, accuracy and completeness of month end close activities for inventory, related inventory reserve and COGS including account reconciliations and roll-forward/back
Ensure that the depreciation policy is properly applied/calculated and provide monthly analysis on delta vs last month
Ensure the standard gross margin is properly calculated and provides monthly analysis, including reconciliation between statutory and analytical balance sheet
Prepare monthly reporting for executive committee
Audit support during stock take period and statutory closing activities
INVENTORY MOVEMENTS
Ensure all merchandise flows are correctly invoiced and booked
Supervise all production orders/work orders are correctly managed and closed on time in collaborations with procurement,
production planning departments and industrial controlling
Supervise and coordinate inventory count processes, ensuring correct management in the transactional system
REPORTING and OTHER ANALYSIS
Provide reporting and hoc analysis on inventory quality by season and by product category and/or by movement type
Monthly check of inventory level for both warehouse and corporate offices
Manage the effective application of internal procedures related to inventory management with Industrial Operations and other corporate functions
Guarantee monitoring of stock level/stock status and rotations to support the different stake holders (merchandising, production, procurement, logistic and industrial controlling) with stock reuse/recycling/disposal activities
KNOWLEDGE & SKILLS
5/6 years of experience in Industrial Inventory Controlling preferably in structured organizations and within the Fashion Industry
Good accounting and finance foundation surrounding inventory and COGS
Computer skills: very good knowledge of Microsoft Office, Advanced Excel; BI tools; Stealth3000 is a plus
Excellent command of both Italian and English, written and spoken
Good relationships skills, social intelligence, teamwork and positive approach
Good organisation, problem solving and analytical skills
#LI-NC1
Joining our Company means working in a creative and international environment, with teams of people motivated by curiosity and the quest for excellence. The engine of our success is the importance and value that we place on the talent and passion of our people leading to their own professional growth.
Prada Group promotes an inclusive work environment, ensuring equal opportunities for all candidates, regardless of gender, ethnicity, sexual orientation, disability, or other personal characteristics. We believe that diversity is a value and we are committed to build a fair and respectful workplace for all.