Role Purpose and Overview:
Our Supply Chain Finance Team oversees the procurement, manufacturing and inventory management across our chocolate, food & beverage supply chain. Our main manufacturing site is based in Binh Chieu, Ho Chi Minh City, with 4 regional central kitchens, and 20 Maison Marou retail/caf/patisserie locations around Vietnam.
Our Supply Chain Costing & Inventory Accountants work directly as business partners to ensure the compliance, accuracy & completeness of supply chain related accounting records, and manage the performance of COGS.
Key Responsibilities:
Product Costing:
- Implement, regularly review and update standard product costing across assigned products/product categories.
- Prepare supply chain COGS budgets and forecast updates. Correctly identify fixed costs, variable costs, direct costs, indirect costs and correctly allocate these costs against products/product categories.
- Complete month-end costing activities, including accruals and allocations within agreed deadlines
- Analyze actual vs budgeted COGS, and proactively partner with internal stakeholders to assess variance drivers, communicate and manage associated implications.
- Assist in the analysis of Gross Margin, partnering with internal stakeholders, and proactively identify action plans for Gross Margin protection.
- Provide accurate costing estimates for new products.
Procurement Cost Management:
- Assist in the preparation of annual budgets and forecasting for procurement related costs
- Assist in the analysis of procurement spend vs budget, partnering with internal stakeholders
- Assist in the analysis of vendor and product spend analysis, identifying opportunities for consolidation and cost optimization.
- Participate in the review of vendor selection assessments.
- Prepare/support the preparation of CAPEX budgets for Supply Chain.
- Proactively support the management of CAPEX budget costs.
Inventory Management Controlling:
- Plan, coordinate and supervise regular inventory cycle counts based on business risk across assigned inventory locations.
- Plan, coordinate and supervise year-end full inventory counts across assigned inventory locations.
- Prepare reports on inventory count discrepancies. Assess and resolve physical vs system differences, with approval for inventory adjustments. Implement action plans with internal supply chain stakeholders as required.
- Monitor and analyze inventory movements across the supply chain for accuracy, completeness and timeliness.
- Assess inventory movement discrepancies. Coordinate with internal supply chain stakeholders the resolution/correction of any potential discrepancies. Prepare reports for supply chain management on repeatable/patterns of inventory movement discrepancies.
- During Month-End Close review all inventory related transactions to ensure all in-bound, internal transfers and shipments are completely processed. Complete, on approval, any inventory transaction adjustments and confirm to Finance & Supply Chain management that all inventory transactions are completed.
- Monitor and analyze compliance with inventory management principles, including FIFO, FEFO, inventory expiry, inventory stock levels, inventory replenishment parameters. Identify opportunities for improvement and prepare appropriate presentations/action plans for internal Finance & Supply Chain Management.
- Complete regular training for internal supply chain stakeholders on correct operating procedures, system usage, inventory management practices and associated key controls.
Internal Controls:
- In partnership with the Internal Controls Manager, participate in the implementation, training, assessment and operation of a strong internal controls environment across the Supply Chain.
Qualifications & Experience:
- Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred).
- ACCA, CPA, or other relevant certifications are a plus.
- Minimum of 5 years of progressive finance experience, specifically in F&B, manufacturing / supply chain industries. At least 2-3 years of experience in supply chain controlling or audit.
- Strong proficiency in cost accounting principles, costing methodologies, period close and variance analysis & reporting
- Strong understanding of supply chain processes, inventory management practices and associated risks and controls
- Proficiency in ERP (e.g. BRAVO) systems and MS Office software & tools
- Strong financial & data analysis skills.
- Excellent communication and presentation abilities.
- Adaptable and able to thrive in a fast-paced, dynamic environment.
- Bi-lingual in Vietnamese and English
Working location: Green Building, 160 B2 Street, An Loi Dong Ward, Thu Duc City, HCMC.
