Assistant Manager - Costing and Inventory

Responsibilityandessentialjobfunctionsincludebutarenotlimitedtothe following:- InventoryManagementImplementation,executionandmonitoringofinventorylevelcontrolsatalllevels(storesand warehouse)Workingoninventoryprovisioningincollaborationwithotherdepartments.Responsibleforinventoryvaluationacrosscompany.Manageauditors(internalandexternal)Manageandexecutetheinventoryandcostingfunction,includingdevelopingand implementing inventory management procedures and controls. (store and warehouse)Monitorinventorylevels,trackinventorymovements(stocktransfers),andensureinventory accuracy.Conductregularinventoryauditsandreconcileinventorydiscrepancies.Analyseinventorydatatoidentifytrends,inefficiencies,andopportunitiesforimprovement.Partnerwithotherdepartmentstoensuretimelyandaccurateinventoryandcostinginformation.ManagestorequeriesrelatedtoinventoryandCOGSandprovidetimelyandaccurate responses.Prepare and analyse inventory and costing reports, including COGS, inventory aging, write off, Scrapping and inventory turnover.Supporttheimplementationofcost-savinginitiatives.ReviewandapprovePriceinMasterRecords.InvolvementinPriceRevisionActivitybasisthe requirement.
Stay up-to-date with industry trends and best practices related to inventory management andcostingCOGSreviewConduct monthly COGS reviews to monitor variances, identifying any discrepancies related to changes in MAP, other charges, or PO errors. Flag any issues to the relevant teams for resolution.Review COGS at the store level to identify key variances and determine the reasons behind them.RespondtoqueriesandconcernsfromtheSCOteamandstorepartners,providingsolutions and closing cases within agreed-upon SLAs.Collaborate with the category team to identify and resolve COGS issues stemming from discrepancies in BOMs.KeySuccessFactors:Well-organized,highlyefficientwithakeeneyefor detailStrongcommunicationandbusinesspartneringskills.Strongbusinessacumenandunderstandingoffunctionallinkagesabilitytounderstand business issues and translate into solutionsExceptionalanalyticalandcreativeproblem-solvingskillsSelf-starterwiththeenthusiasmtochallengethestatusquoanddrive changeAbilitytoconversewithalllevelsofmanagement.Adeptatbuildingrelationshipsacross organizationsAbilitytoleadahighlydiverseandperformingteamQualification:CharteredAccountantwith4-5yearsofpost-qualificationexperienceincosting