Ensure accurate inventory data in the Accounting and ERP systems, aligned with physical inventory levels.
Conduct regular inventory balance reconciliation.
Supporting the business with inventory-related decision support
Assist in monthly and year-end inventory valuation for financial reporting.
Develop comprehensive understanding of product costing process including manufacturing costing models, supplier pricing models, impact of cost factors to the actual recording of product cost in the ERP system.
Collaborate cross-functionally to understand and validate costing inputs and support margin accuracy.
Gather and validate supplier pricing models and identify pricing discrepancies.
Reconcile purchase order pricing versus the supplier pricing model given relevant cost factors.
Monitor and forecast inventory costs based on market/economic trends on cost factors.