Cost Optimization Specialist
1 week ago
Job Description
- We are seeking a Cost Optimization Specialist to join our team at Knowles Electronics (Philippines) Corporation.
- The successful candidate will be responsible for developing, implementing, and documenting processes and procedures for inventory and costing methodology.
- This includes performing weekly inventory transfers and posting of inventory and purchasing transactions to the general ledger.
- Additionally, the candidate will analyze inventory transactions, review inventory adjustments, and investigate existence of negative and zero value parts.
- The ideal candidate will have a strong background in finance, accounting, or a related field, with experience in cost accounting and financial analysis.
- They will also possess excellent analytical and problem-solving skills, as well as the ability to work independently with minimal supervision.
Key Responsibilities
- Develop and implement process improvements related to inventories.
- Maintain customer database and pricing tables based on existing intercompany agreement.
- Coordinate with supply chain, operations, and accounts payable teams to ensure accurate recording of direct materials, work-in-process, and finished goods.
- Review completeness of inventory transactions and investigate any discrepancies.
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