Inventory and Cost Control Super...
ariika -
New Cairo, CairoJob Details
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Job Description
- Gross Margin Controlling:
- Analyze sales revenue, cost of goods sold (COGS), and gross margin.
- Monitoring PO prices to ensure product profitability
- Identify areas for improvement and implement strategies to optimize margins.
- PPV & MQV Controlling:
- Monitor and analyze price fluctuations in raw materials and finished goods.
- Investigate and report on any significant variances.
- Evaluate discrepancies between actual material usage and standard quantities.
- Work with production and procurement teams to address deviations
- MOH Capitalization:
- Allocate manufacturing overhead costs to products accurately.
- Ensure proper capitalization of indirect costs.
- Cost Centers Monitoring:
- Maintain cost center structures and track expenses by department.
- Prepare cost center reports for management review.
- Slow-Moving Item & LCM Provision:
- Identify slow-moving or obsolete inventory items.
- Recommend appropriate provisions or write-offs.
- Assess inventory values based on market conditions.
- Make provisions for potential losses due to declining market prices.
- DIO Controlling:
- Calculate and monitor DIO to optimize inventory turnover.
- Implement inventory reduction strategies where necessary.
- Subcontracting Controlling:
- Manage subcontracting costs and track performance.
- Ensure timely reconciliation of subcontracting transactions.
- Budgeting for the COGS Line:
- Collaborate with finance and operations teams to create COGS budgets.
- Monitor actual performance against budgeted figures.
- Maintaining Master Data:
- Update and maintain product category information, operational types, and product line locations.
- Ensure accuracy in the system for reporting purposes.
- Stock Counting:
- Conduct regular physical inventory counts to ensure accurate stock levels.
- Collaborate with warehouse teams to reconcile discrepancies and update inventory records
- Inventory Reconciliations:
- Regularly reconcile inventory records with financial statements.
- Investigate discrepancies and make necessary adjustments.
- Controlling Indirect Material:
- Monitor and manage indirect material costs (such as office supplies, maintenance items, etc.).
- Ensure proper allocation and tracking of indirect material expenses.
Job Requirements
- Proven experience as inventory controller or similar position
- Excellent knowledge of data analysis and forecasting methods
- Working knowledge of inventory management software (e.g. ERP)
- Ability to accurately track inventory and create reports
- An analytical mind with strong math skills
- Excellent organizational and planning skills
- Outstanding communication and interpersonal abilities
- Reliable and trustworthy
- BSc/BA in in accounting, Finance, or related field
- Proficiency in accounting software (e.g., Odoo, SAP, or similar).