Cost and Inventory Manager

3 days ago

Makati City, National Capital Region, Philippines The Moment Group of Restaurants Full time

Key Responsibilities

Cost Management & Analysis

  • Develop and implement cost control strategies to improve profitability.
  • Analyze product costing, production expenses, and operational efficiencies.
  • Conduct variance analysis to identify cost fluctuations and recommend corrective actions.
  • Collaborate with procurement and operations teams to optimize costs without compromising quality.
  • Ensure accurate standard costing and monitor deviations from actual costs.

Inventory Control & Management

  • Oversee inventory management processes, ensuring optimal stock levels.
  • Monitor inventory movement, reconcile discrepancies, and minimize wastage and losses.
  • Conduct regular cycle counts and physical inventory audits.
  • Develop inventory tracking systems and reporting tools to improve stock visibility.
  • Ensure compliance with company policies and industry best practices in inventory control.

Financial & System Reporting

  • Utilize Business Central or similar ERP systems to generate accurate cost and inventory reports.
  • Leverage Excel (advanced user) to perform financial analysis, forecasting, and data-driven decision-making.
  • Work closely with the finance and accounting teams to align inventory valuation with financial reporting.
  • Prepare reports and present key findings to senior management.

Collaboration & Process Improvement

  • Liaise with purchasing, warehouse, production, and finance teams to streamline workflows.
  • Identify opportunities for process improvements in cost control and inventory efficiency.
  • Implement automation and digital tools to enhance reporting accuracy and efficiency.
  • Ensure compliance with internal and external audit requirements.

Non-Negotiable Qualifications

  • At least six years of experience in cost and inventory management, preferably in the Food & Beverage industry.
  • Advanced proficiency in Excel, including complex formulas, pivot tables, macros, and data modeling.
  • Strong expertise in ERP systems, preferably Business Central or similar platforms.
  • Strong analytical, financial, and problem-solving skills.
  • Ability to work with cross-functional teams and manage multiple priorities.
  • Excellent attention to detail, accuracy, and data integrity.

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