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Inventory and Cost Control Super...

ariika
New Cairo, Cairo

Inventory and Cost Control Supervisor

ariika
New Cairo, Cairo
Posted 2 months ago
63Applicants for1 open position
  • 16Viewed
  • 6In Consideration
  • 55Not Selected

Job Details

Experience Needed:
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Skills And Tools:

Job Description

  1. 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.
  2. 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
  3. MOH Capitalization:
    • Allocate manufacturing overhead costs to products accurately.
    • Ensure proper capitalization of indirect costs.
  4. Cost Centers Monitoring:
    • Maintain cost center structures and track expenses by department.
    • Prepare cost center reports for management review.
  5. 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.
  6. DIO Controlling:
    • Calculate and monitor DIO to optimize inventory turnover.
    • Implement inventory reduction strategies where necessary.
  7. Subcontracting Controlling:
    • Manage subcontracting costs and track performance.
    • Ensure timely reconciliation of subcontracting transactions.
  8. Budgeting for the COGS Line:
    • Collaborate with finance and operations teams to create COGS budgets.
    • Monitor actual performance against budgeted figures.
  9. Maintaining Master Data:
    • Update and maintain product category information, operational types, and product line locations.
    • Ensure accuracy in the system for reporting purposes.
  10. Stock Counting:
    • Conduct regular physical inventory counts to ensure accurate stock levels.
    • Collaborate with warehouse teams to reconcile discrepancies and update inventory records
  11. Inventory Reconciliations:
    • Regularly reconcile inventory records with financial statements.
    • Investigate discrepancies and make necessary adjustments.
  12. 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).

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