Risk Reduction Specialist

2 weeks ago

Melbourne, Victoria, Australia beBeeLossPrevention Full time $70,000 - $90,000
Job Description

The Loss Prevention Officer plays a pivotal role in safeguarding assets, reducing financial loss, and ensuring compliance within the hospitality industry.

  • Conduct regular audits of cash handling procedures to verify adherence to established protocols.
  • Analyze variances in daily cash reconciliation, identifying potential causes such as theft, fraud, or procedural gaps.
  • Perform spot checks and unannounced audits on cash floats, safes, and point-of-sale terminals to ensure accuracy and compliance with internal controls.
  • Analyze inventory reports to detect stock losses or unusual usage patterns indicating inefficiencies or non-compliance.
  • Investigate stock discrepancies by reviewing wastage or delivery records and collaborate with procurement to address irregularities.
  • Utilize business intelligence tools and internal systems to detect loss, fraud, or operational inefficiency.
  • Identify trends in discounts, voids, complimentary items, refunds, or stock consumption that could indicate policy breaches.
  • Produce regular dashboards and detailed reports highlighting anomalies and emerging loss trends for senior management.
  • Conduct root cause analysis and work with operational teams to implement corrective actions.
Required Skills and Qualifications
  • A bachelor's degree or diploma in Business Administration, Finance, Accounting, Risk Management, or a related field (preferred).
  • Experience in loss prevention, audit, or financial control within hospitality, retail, or FMCG sectors.
  • Proficiency with data analysis tools (e.g., Microsoft Excel, Power BI) and familiarity with POS and inventory management systems.
  • Excellent attention to detail, critical thinking, and ability to identify subtle risk patterns.
  • Strong written and verbal communication skills for interaction with operational teams at all levels.
  • Discretion and professionalism when handling confidential financial information.
  • Ability to work independently and as part of a collaborative team focused on risk reduction.
  • Experience supporting incident investigations involving theft or policy violations is advantageous but not mandatory.
  • Ability to produce clear dashboards and reports for senior stakeholders.
Benefits

The company emphasizes talent development in an inclusive environment, offering flexible working opportunities, pension contributions, and regular training to support wellbeing and career growth.

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