Qureos Mentor

GUTHMI Group

<div>
 Inventory 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 &amp; 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.
</div>

Senior Cost Controller & Inventory Accountant

Join GUTHMI Group and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

GUTHMI Group

About Company

Senior Cost Controller & Inventory Accountant