Stock Manager (Inventory)

About the Role

We are seeking a highly organised and commercially minded Stock Manager to oversee inventory operations within a fast-paced hair and beauty environment. This role is responsible for managing stock budgets, forecasting inventory requirements, maintaining accurate stock control processes, and ensuring seamless product availability across retail and professional-use ranges.

The ideal candidate will bring strong experience within the hair, beauty, cosmetics, or salon industry, with a deep understanding of high-volume product management, supplier coordination, and inventory optimisation.

About the Client

You will be working with a well-established and growing organisation within the hair and beauty industry, recognised for delivering high-quality products and exceptional customer experiences. The business operates in a dynamic, fast-paced environment and values operational excellence, strong supplier relationships, and continuous process improvement.

Ideal Profile

Industry Experience

• Minimum 2–3 years of experience in stock or inventory management within hair & beauty, cosmetics, salon, retail, or wholesale environments
• Strong understanding of professional and retail hair & beauty product ranges
• Experience managing high-volume inventory and product turnover
• Knowledge of salon operations, colour systems, and usage patterns preferred

Technical & Analytical Skills

• Proven ability to manage stock budgets and maintain cost controls
• Strong reconciliation and reporting capabilities
• Proficiency with inventory management systems, POS platforms, and Microsoft Excel
• Ability to analyse sales trends, stock movement, and product performance data

Communication & Coordination

• Excellent organisational and time management skills
• Strong supplier negotiation and stakeholder management abilities
• Ability to collaborate effectively with salon teams, retail staff, finance, and procurement functions
• High attention to detail with a proactive problem-solving approach

Qualifications

• Relevant qualification in Business, Supply Chain, Retail Management, or a related field is advantageous

Responsibilities

Stock Budgeting & Financial Control

• Develop and manage stock budgets aligned with business targets and seasonal demand
• Monitor inventory expenditure to ensure alignment with approved budgets
• Analyse product performance, margins, and slow-moving stock
• Prepare reports on stock valuation, cost control, and financial variances

Stock Ordering & Supplier Management

• Forecast inventory requirements based on sales trends, promotions, and operational needs
• Manage ordering of retail and professional-use hair and beauty products
• Build and maintain strong supplier and distributor relationships
• Negotiate pricing, rebates, and supply terms where applicable
• Track deliveries and resolve shipment or supply-related issues

Inventory Control & Stock Management

• Maintain accurate stock records across inventory systems and POS platforms
• Monitor stock levels to prevent shortages, overstocking, or expired inventory
• Implement effective stock control procedures to minimise shrinkage and waste
• Communicate directly with salons and internal teams regarding stock updates and deliveries

Stock Auditing & Reconciliation

• Conduct regular stocktakes and cycle counts
• Reconcile physical stock against system records and investigate discrepancies
• Perform invoice reconciliation against purchase orders and deliveries
• Identify and resolve stock variances, damages, and losses

Reporting & Analysis

• Generate reports on stock movement, usage, and inventory turnover
• Analyse seasonal trends and best-selling products within the hair and beauty sector
• Provide recommendations to optimise stock mix and inventory performance
• Support business decisions relating to product ranges and promotional planning

Team Support & Coordination

• Collaborate with salon managers, stylists, retail teams, finance, and procurement departments
• Support staff education on stock control procedures and waste minimisation
• Ensure smooth coordination between operational and inventory functions

Compliance & Process Improvement

• Ensure compliance with health, safety, and cosmetic product handling standards
• Maintain proper storage and handling procedures for salon chemicals and products
• Identify opportunities to improve stock systems and operational efficiencies
• Assist with inventory software and POS system enhancements

Additional Responsibilities

• Manage discontinued, obsolete, and slow-moving stock
• Support seasonal campaigns, product launches, and promotional activities
• Contribute to supplier reviews and stock optimisation strategies

How we take care of our team

💰 Get paid in Australian Dollars

🏥 Medical insurance from day one for you + spouse (or parents if unmarried)
🩺 Generous OPD coverage from doctor visits to all your medical needs
🏡 Home office setup allowance to build your ideal workspace
🌐 Internet allowance to keep you connected
💪 Gym & wellness allowance to stay fit and balanced
🎉 Work hard, play hard – regular team events & engagement activities
🧠 Diji Assist – Mental health & counseling support when you need it
📚 We invest in you – reimbursement for industry certifications
🗣️ Open-door culture – your ideas and feedback always matter
🌍 Flexible work – home or office, wherever you do your best work
🏆 Rewards & recognition that actually recognize you
🥳 Great christmas & financial year-end parties to unwind with your loved ones