KS Bakers
Website:
ksbakers.com
Job details:
Job Purpose
To monitor and control operational costs, identify financial and inventory leakages, prevent losses, and improve profitability across the factory, warehouse and retail outlets.
Key Responsibilities
- Monitor food cost, material consumption, wastage and production costs.
- Analyse actual consumption against standard/BOM and identify variances.
- Conduct regular inventory, stock and cash audits at outlets and factory.
- Identify pilferage, wastage, excess consumption and process leakages.
- Monitor production yield and investigate abnormal variances.
- Verify purchase, GRN, stock transfers, sales and consumption records.
- Analyse outlet-wise profitability and identify areas of cost leakage.
- Monitor expired, damaged and slow-moving stock and ensure proper controls.
- Reconcile physical stock with system stock and investigate differences.
- Prepare daily/weekly/monthly loss prevention and cost variance reports.
- Coordinate with Operations, Production, Stores and Finance teams to implement corrective actions.
- Develop and strengthen SOPs and internal controls to reduce financial and material losses.
- Track corrective actions and report repeated deviations to management.
Qualification
- CA Inter / CMA / Cost Accountant / M.Com / MBA Finance or equivalent.
- Strong knowledge of costing, inventory control, variance analysis and internal audit.
Experience
- 3–7 years of relevant experience.
- Experience in food manufacturing, bakery, FMCG, retail or multi-outlet operations will be preferred.
Key Skills
- Costing & variance analysis
- Inventory control
- Loss prevention
- Internal audit
- MIS & reporting
- Excel / ERP
- Analytical and investigative skills
- Strong follow-up and communication skills
Key Performance Indicators
- Reduction in material and inventory losses
- Reduction in production wastage
- Improvement in food/material cost %
- Reduction in stock variances
- Timely identification of leakages
- Improvement in outlet/factory profitability
- Effective implementation of corrective actions
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