The Loss Prevention Officer safeguards company assets by assessing operational systems, auditing inventory processes, identifying cash/stock loss risks, and implementing effective controls to reduce shrinkage.

• Recommend and implement measures to reduce loss of merchandise, cash, and assets.
• Understand operations and apply effective loss-prevention strategies.
• Monitor inventory and cash floats to detect shrinkage and its causes.
• Conduct regular cash-till spot checks.
• Review shift opening/closing and cash-handover processes to identify gaps.
• Perform unscheduled stock audits and investigate discrepancies.
• Lead investigations with HR/management, ensuring evidence is collected.
• Analyze shrinkage patterns to identify human or system-related risks.
• Develop and enforce policies to prevent theft in POS and storage areas.
• Audit and investigate known loss incidents.
• Train staff on loss-prevention procedures.
• Collaborate with Operations and Management to strengthen controls.
• Prepare reports and dashboards on shrinkage and investigations.
• Work to continuously improve shrinkage ratios.
• Assess internal controls, highlight weaknesses, and recommend improvements.
• Identify operational risks and suggest mitigation strategies.
• Perform other assigned duties.