Senior Cost Controller & Inventory Accountant

ResponsibilitiesInventory Valuation Accuracy: Ensure precise inventory valuation and verify that all associated costs are accurately allocated to specific items.Unit Cost Approval: Review and approve the unit cost of items prior to posting and updating inventory records.Procurement Coordination: Coordinate with the Procurement Department to audit prices and review all posted costs.GL Reconciliation: Monitor inventory movements and ensure stock balances are fully reconciled with the General Ledger (GL).Inventory Correction: Resolve negative stock balances and address items with zero-cost records to ensure data integrity.Turnover Analysis: Analyze and report on inventory turnover ratios, while identifying stagnant and slow-moving items.COGS Oversight: Control the Cost of Goods Sold (COGS) and ensure it is recorded accurately and reflected in financial statements.Variance & Margin Analysis: Perform variance analysis on costs and profit margins (Actual vs. Expected) per branch, and report findings to the Finance Department.Physical Stocktaking: Participate in periodic physical counts and analyze discrepancies between system records and actual stock.Root Cause Analysis: Analyze inventory variances and provide strategic recommendations to address and mitigate the root causes.#J-18808-Ljbffr