Inventory Cost Analyst; Hybrid: Onsite and Remote

The Inventory Cost Analyst will play a critical role in managing and analyzing inventory costs, ensuring accurate financial reporting, and supporting decision-making processes within our retail operations.
Your primary responsibilities include overseeing inventory costing processes, conducting regular analyses of inventory transactions, preparing financial reports, and collaborating with cross-functional teams to optimize inventory control procedures.

Schedule:

Sunday, Monday, Tuesday, Thursday and Friday Off:
Wednesday and Saturday Hybrid - In office on Tuesday and Thursday, Remote work Sunday, Monday, and Friday
** RESPONSIBILITIES:
*** Manage and oversee inventory costing processes, including standard costing and inventory valuation.
* Conduct regular analyses of inventory transactions and adjustments to ensure accuracy and adherence to accounting standards.
* Collaborate with cross-functional teams to coordinate, reconcile and investigate physical inventory counts and variances with financial records.
* Prepare and analyze inventory-related financial reports, including variance analysis and trend analysis.
* Monitor and report on inventory levels, aging, and slow-moving items to support inventory management decisions.
* Assist in the month-end and year-end close processes related to inventory, including preparing journal entries and reconciliations.
* Develop and maintain inventory cost models and ensure consistency across all inventory-related activities.
* Implement and improve inventory control procedures to enhance accuracy and efficiency in inventory management.
* Provide insights and recommendations to management on cost-saving opportunities and inventory management strategies.
* Ensure compliance with accounting policies, procedures, and internal controls related to inventory.
* Reconcile and approves cost and quantity variances at PO and invoice level.
** SUPERVISION**:
* None
* * RELATIONSHIPS
* ** Internal:
CHEF’STORE leadership, Finance and Accounting leaders and associates
* External:
Vendors, Market/Industry sources, consultants, and outside vendors
** WORK ENVIRONMENT
*** Primarily work indoors in a climate-controlled environment.  Operate Office equipment, including personal computer and phone.
** MINIMUM QUALIFICATIONS
*** 3+ years of proven experience as an Inventory Cost Accountant, Inventory Analyst, or similar role within the retail industry.
* Strong understanding of inventory costing methods and inventory management principles.
* Proficiency in ERP systems, advanced Excel skills (vlookup, pivot tables), and experience with inventory management software.
* Excellent analytical skills with the ability to interpret complex data and identify trends.
* Knowledge of retail operations and familiarity with retail industry trends is preferred.

Certifications/Training
* N/ALicenses
* N/A
** PREFERRED QUALIFICATIONS
*** A detail-oriented approach:
Must pay very close attention to details and have the drive to get things right.
* High comfort level working in ambiguous, rapidly changing environments and ability to manage multiple projects simultaneously.
* Ability to present information and communicate complex ideas clearly and succinctly.
* Able to prioritize activities in a multi-tasked environment required.
* Regularly provides work that is accurate, thorough and consistent.
* Strong analytical skills. Analyzes complex information.
* Able to make accurate decisions and solve problems, many of which are complex, with little direction.
* Works independently on most assignments. Brings forward ideas for improvement.
* Collaborates well with team members and other work associates.
* High degree of reliability including accountability for daily, weekly, and long-term projects
* Excellent organizational skills and…