Cost and Inventory Controller

Dreem Mashreq Foods

Perform regular inventory audits and reconcile physical counts with system records to ensure accuracy.

• Conduct monthly and periodic physical inventory counts across all production halls and document variances.
• Investigate inventory discrepancies, determine root causes, and recommend corrective actions to prevent recurrence.
• Calculate inventory-related risks such as obsolescence, shrinkage and support the preparation of inventory reserves.
• Determine inventory costs using appropriate valuation methods such as FIFO.
• Analyze inventory data to identify trends, inefficiencies, and opportunities for optimization.
• Prepare key inventory and cost reports, including turnover ratios, days on hand, aging analysis, and cost variance reports.
• Analyze product cost structures and support the development of standard costs.
• Collaborate with purchasing and supply chain teams to improve replenishment processes and maintain optimal inventory levels.
• Ensure compliance with internal controls, company policies, and relevant accounting standards.
• Support internal and external auditors by providing required documentation and clarifications.