Please find the JD for Asst. Manager-Commercial,
Exp : 8-10 years,
Budget: Monthly gross salary : 40K-50K EGP
JOB DESCRIPTION: ASST. MANAGER-COMMERCIALS
Key Responsibilities
1. Inventory Control & Stock Governance
- Ensure accurate accounting and control of RM, WIP, and Finished Goods inventory
- Drive cycle counts, physical verification, and reconciliation processes
- Monitor inventory ageing (slow/non-moving/obsolete stock) and initiate corrective actions
- Ensure adherence to FIFO / FEFO and storage compliance norms
- Maintain zero tolerance for stock discrepancies and pilferage
2. Material Consumption & Standard Costing
- Track actual consumption vs standard BOM consumption
- Analyse material variance (usage, yield, process loss)
- Ensure discipline in issue, return, and booking of materials
- Validate and improve standard costing structures in coordination with finance
3. Scrap, Wastage & Yield Optimization
- Monitor scrap generation, rejection, and process losses across production lines
- Work with Production & Quality teams to drive yield improvement initiatives
- Drive continuous reduction in conversion losses and waste cost
5. Stores & Material Flow Control
- Oversee end-to-end stores operations (receipt, storage, issue, documentation)
- Ensure control over material movements, gate entries, and dispatches
- Prevent losses due to damage, expiry, mishandling, or leakage
6. Month-End Closure & Financial Controls
- Lead plant inventory closing and reconciliation
- Ensure accurate valuation of inventory and cost booking
- Support provisions for slow-moving / obsolete stock
- Maintain readiness for internal, statutory, and customer audits
7. MIS
- Inventory accuracy
- Scrap & wastage trends
- Yield performance
- Consumption variance