Cost & Inventory Controller – SOS HR Solutions

Purpose of the role: The Cost & Inventory Controller will be responsible for the overall cost control process including menu engineering and preparation of the cost of goods sold, inventory and warehouse management including inventory invoice postings. Key Areas of Responsibilities: – Perform menu engineering based on requirements. – Investigate the cause of variance and implement processes to eliminate them. – Preparation and validation of monthly cost of goods sold for all the divisions. – Maintain and update all the menu items with the recipes in the ERP system. – Resolve any discrepancies regarding the invoices and/or credit notes. – Record daily inventory receipts and returns along with invoices. – Maintain efficient inventory levels in coordination with Procurement department. – Establish and maintain controls to safeguard inventory and prevent theft or misappropriation. – Maintain a safe and clean store environment in the warehouse locations. – Maintain firm control over stock receipt and issue processes. – Ensure that all weighing scales are calibrated on regular basis. – Keep the cost level under control for food, beverage, packaging and general inventory in coordination with Procurement and Production departments. – Limit the wastage through control over ordering and production process. – Ensure the standard recipe is being followed by Central Kitchen and Outlets. – Maintain and validate the yield rates in the system through regular yield testing in Central Kitchen and Outlets. – Perform monthly and annual stock counts, analyze and resolve the any discrepancies in opening, transfers, consumed and closing stocks. 

– Prepare and share the slow-moving stock report with Procurement, Production and Finance departments. – Perform outlet audits as per the agreed upon plans with the Finance team. – Preparation of ad hoc reports for different departments. – Maintain master data for complete inventory including raw materials and menu itemsin the ERP system. – Coordinate with IT team for the report and system developments as per the requirement. – Assisting the finance team in related reports and analysis. – Maintain confidentiality of information at all levels. – Perform any other ad-hoc duties as assigned

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