Cost and Inventory Specialist

4 weeks ago

Mandaluyong, Philippines Banh Mi Kitchen Services, Inc. Full time

Join to apply for the Cost and Inventory Specialist role at Banh Mi Kitchen Services, Inc. Cost and Inventory Specialist responsibilities include collecting and analyzing data about the company's inventory, providing recommendations to reduce cost and maximize profit, managing inventory items, and performing account reconciliations. Gather financial information and analyze to uncover inefficiencies. Estimate production costs and track changes to regular costs. Key Result Area / Duties & Responsibilities Responsible for product costing, inventory valuation and preparation of production and month‑end reports. Analyst will also assist in COGS variance analysis as well as investigation of inventory variances. Assist in the determination of standard cost for the different product lines. Responsible for determining the landed cost of production materials. Prepare and monitor Purchase Price Variance and ensure significant fluctuations are communicated to management. Prepare and monitor monthly production forecast. Prepare Net Production Volume report. Prepare Usage Variance report. Assist in Volume‑Price‑Mix variance analysis. Perform monthly reconciliation of inventory accounts and resolve any variance between recorded inventory and physical count. Perform month‑end accounting procedures. Facilitate monthly/annual inventory count. Monitor inventory conversion period of major raw materials and finished goods. Review consumption/inter‑transfer entries and analyze abnormal or unusual balances. Analyze and check accuracy of consumption report. Audit of co‑owned stores including physical inventory sampling, cash count and sales evaluation and safety control. Conduct monthly actual inventory in commissary and store company owned. Perform other tasks assigned from time to time. Inventory Management Duties Maintain and improve the company's inventory situation by analyzing inventory statistics. Ensure all inventory valuations and GL balances are accurate. Perform extensive research on inventory reports. Ensure all store locations perform regular inventory counts. Draft inventory reports documenting counts and discrepancies. Report inventory statistics to management and suggest improvements. Coordinate with other workers to resolve discrepancies between inventory and revenue. Create and maintain inventory databases and systems for accurate management. Post journal entries and perform reconciliations. Work Habits Follow standard operating policy and procedures. Pay attention to details. Hold self‑accountable for assigned responsibilities. See tasks to completion in a timely manner. Adeptness at analyzing facts, problem‑solving, decision‑making, and demonstrating good judgment. Attendance and punctuality. Core Values Always improving. Wow customers. Excellence. Solicitude (Malasakit). Oneness (Teamwork). Moral uprightness. Evolving. Qualifications Graduate of Bachelor's Degree in Accountancy, Management Accounting or related field. At least 2 years of relevant working experience in cost accounting, audit, fixed assets, inter‑company accounting and reconciliation, month‑end close. Experience in restaurant industry preferred. Experience with QuickBooks and Zero System preferred. Advanced skills in Excel and PowerPoint. Effective verbal and written communication and presentation skills. Can work under pressure with minimal supervision. Willing to work in Mandaluyong City. #J-18808-Ljbffr

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