Inventory and Cost Control Specialist

1 week ago

Bonifacio Global Metro Manila, Philippines Nespresso Ph (Exclusively distributed by Novateur Coffee Concepts, Inc,) Full time ₱250,000 - ₱500,000 per year
ABOUT THE ROLE

This critical role ensures that both the physical stock and the financial costs are accurately reflected across our primary systems, SAP and the Warehouse Management System (WMS).

Responsible for ensuring the accuracy and completeness of inventory in SAP in terms of cost and quantity, both in the warehouse and stores. Monitoring, updating, and providing analysis of product landed cost and effect regular product revaluation in the system. Maintains and updates product SRP, cost, and gross profit margin per item. Responsible in the creation of product SKU, SRP, and POS name. Processing of inventory stock transfer and goods issue. Inventory count of the company's products in the warehouse and stores. Identify, reconcile, and resolve inventory discrepancies between SAP, WMS, and actual physical inventory count. Acts as the point person for WMS concerns. Works closely with the people of WMS and the Supply Chain Management Team.

Key Responsibilities
1. Inventory Management & System Integrity
  • System Reconciliation: Ensure daily synchronization and reconciliation of product quantities and locations between SAP, WMS, and physical inventory.
  • Discrepancy Resolution: Promptly identify, investigate, and resolve all inventory discrepancies.
  • Movement Processing: Process approved stock transfers and goods issues accurately and timely in coordination with the WMS team.
  • WMS Liaison: Act as the primary point of contact for WMS concerns, collaborating closely with the WMS and Supply Chain teams.
  • Physical Counts: Coordinate and participate in regular cycle counts and full wall-to-wall physical counts across the warehouse and stores.
2. Product Costing and Pricing
  • Landed Cost Management: Monitor, update, and analyze product landed costs, ensuring accurate documentation from Import Associates (freight, brokerage, customs invoices).
  • Costing & Revaluation: Provide cost estimates for new shipments and effect regular product revaluation in SAP based on actual verified landed costs.
  • Master Data & Pricing: Maintain and update product SKUs, SRPs (Standard Retail Prices), costs, and gross profit margins in SAP following internal approvals.
  • Reporting: Analyze and report on any significant fluctuations in landed costs and their impact on profitability.
Skills & Experience Required
  • Education: Bachelor's Degree in BS Accountancy or a closely related Finance/Accounting field.
  • Experience: 1–2 years of relevant professional experience in Accounting, Finance, or Inventory Control.
  • System Proficiency: Proven, hands-on experience utilizing SAP.
  • Analytical Skills: Advanced proficiency in MS Excel for data manipulation, analysis, and report compilation.
Desirable Skills
  • Experience reconciling inventory across multiple integrated systems (SAP and WMS).
  • Solid understanding of product importation processes and landed cost calculation.

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