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