Job Description

Core Responsibilities:

Cost Management and Analysis:

Tracking and Analyzing Costs:

Meticulously track and analyze all expenses related to transportation (freight, fuel, tolls), inventory (carrying costs, spoilage, obsolescence), customs duties, and distribution.

Cost Allocation:

Implement robust cost allocation methods to accurately assign costs to specific shipments, routes, products, customers, or business units. This often involves activity-based costing (ABC).

Budgeting and Forecasting:

Develop and manage budgets for logistics and supply chain operations, forecasting future expenses and identifying cost-saving opportunities.

Profitability Analysis:

Conduct detailed profitability analysis at various levels (e.g., per shipment, per product, per customer) to inform strategic decisions.

Inventory Accounting and Management:

Inventory Valuation:

Ensure accurate valuation of inventory, considering different costing methods (e.g., FIFO, LIFO, weighted average).

Inventory Tracking:

Monitor inventory levels, turnover rates, shrinkage, and other key metrics across warehouses and storage locations.

Reconciliation:

Reconcile inventory records with physical counts and financial statements.

Financial Reporting and Compliance:

Financial Statement Preparation:

Prepare accurate and timely financial statements (income statements, balance sheets, cash flow reports) that reflect the logistics and supply chain operations.

Regulatory Compliance:

Ensure strict adherence to industry regulations, accounting standards tax codes (sales tax, VAT, import/export duties),

Auditing:

Facilitate internal and external audits to verify reporting accuracy and identify control gaps.

Accounts Payable and Receivable:

Invoice Processing:

Efficiently process invoices from vendors and carriers, ensuring timely and accurate payments.

Reconciliation:

Reconcile payments with invoices and manage accounts payable and receivable specific to logistics transactions.

Vendor and Supplier Management:

Contract Review:

Review contracts with logistics providers, suppliers, and vendors to ensure financial terms are met.

Negotiation Support:

Provide financial data and analysis to support negotiations with suppliers for better terms and cost savings.

Risk Management:

Identifying and Mitigating Risks:

Identify financial risks within the supply chain, such as currency fluctuations in international transactions, potential transportation delays, or product damage.

Developing Strategies:

Contribute to developing strategies to mitigate these risks (e.g., hedging strategies for currency, insurance coverage).

Data Analysis and System Utilization:

KPI Monitoring:

Monitor key financial performance indicators (KPIs) relevant to logistics, such as cost per mile, revenue per shipment, and fuel efficiency.

Software Proficiency:

Utilize specialized accounting software, Enterprise Resource Planning (ERP) systems, Transportation Management Systems (TMS), to track financial data and generate reports.

Process Improvement:

Identify opportunities to streamline financial processes and improve efficiency within the logistics and supply chain functions.

Key Skills Required:

Strong Accounting Fundamentals:

In-depth knowledge of accounting principles, financial reporting, and cost accounting.

Analytical Skills:

Ability to interpret complex financial data, identify trends, and draw meaningful conclusions to support decision-making.

Attention to Detail:

Meticulous approach to reviewing financial records and ensuring accuracy.

Problem-Solving:

Ability to analyze issues, resolve discrepancies, and propose effective solutions for financial challenges in the supply chain.

Technical Proficiency:

Expertise in accounting software (e.g., SAP, Oracle, NetSuite, QuickBooks, Xero) and advanced Excel skills. Familiarity with logistics-specific software (TMS, WMS) is highly beneficial.

Communication Skills:

Clear and effective verbal and written communication to convey financial insights to various stakeholders, including management, operations teams, and external partners.

Business Acumen:

Understanding of logistics and supply chain operations, including freight forwarding, warehousing, inventory management, and distribution processes.

Adaptability:

Ability to adapt to changing regulations, technologies, and market conditions within the dynamic logistics environment.

Strategic Thinking:

Capacity to look beyond day-to-day operations and contribute to long-term financial planning for the supply chain.

Compliance Knowledge:

Awareness of international trade laws, customs regulations, and tax implications relevant to global supply chains.

Follow Up :

Communicating with clients to obtain overdue payments
Job Type: Full-time

Benefits:

Health insurance Provident Fund
Schedule:

Fixed shift
Work Location: In person