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Jobs or company...

Cost and Inventory Coordinator

Salary undisclosed

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The Cost & Inventory Coordinator is responsible for validating and ensuring accuracy of inventory documents and transactions integral for food cost reporting; monitoring and analysis of assigned Brand’s Food Cost performance; and ensures that data integrity is maintained at all times.

What you’re expected to do?

  • Ensures that cost reconciliation with assigned entities is conducted in a timely manner
  • Reconciles inventory-related discrepancies with Operations and Purchasing to ensure accurate system entries
  • Coordinates all activities relating to the physical count of the assigned brand
  • Consolidates all physical count results and updates the system within the approved schedule
  • Reconciles physical count results with the assigned inventory locations
  • Prepares monthly Variance Reports for assigned brand
  • Generates and submits validated inventory data for the assigned locations
  • Prepares and submits monthly CGS Summary Reports for Financial Reporting
  • Processes inventory related transactions for assigned entities as part of the reconciliation
  • Ensures timely update of system entries for assigned entities
  • Ensures all entries are reconciled
  • Runs and analyzes unit costs to ensure accuracy
  • Facilitates system adjustment to correct or reverse entries
  • Performs receiving approval procedure on a daily basis
  • Certifies that all monthly COGS numbers are accurate
  • Prepares the Brand FC Monthly Comparative Report
  • Prepares and consolidates all FC analysis reports such as Price Impact calculations, Variance Analysis, and other reports as required
  • Addresses daily operational concerns of associates and/or specialists assigned to their brand
  • Monitors team progress to ensure all deadlines are met
  • Assists the Cost & Inventory Manager in accomplishing and consolidating output reports for Performance Evaluation

Who can have a seat at the table?

  • College Graduate with a degree of any business Course
  • Excellent excel skills
  • Strong analytical skills
  • Attention to details is a must
  • At least 1-2 years work experience handling inventory and costing in the food industry
  • Understands inventory management and can crunch numbers and analyze as well as coordinate with operations to resolve variances
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