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The Inventory Cost Manager 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 will 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.

New Ways of Work : This position has been segmented as hybrid meaning the work is a combination of 3 days onsite In Rosemont, IL (Tuesday, Wednesday, and Thursday) and 3 days remotely (Monday, and Friday) as defined by the role segmentation.

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/A

Licenses

• 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 communication skills, both written and verbal.

• Ability to interact positively with wide variety of employees at all skill levels.

• Excellent customer service skills, with the ability to work through obstacles to achieve a goal.

• Possesses a high degree of professionalism, tact, and persistence.

• Up to 10% of travel.

EDUCATION

• Bachelor’s degree in Accounting, Finance, or related field. CPA or CMA certification is a plus.

PHYSICAL QUALIFICATIONS

• Must be able to perform the following physical activities for described length of time.

EOE* Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status*

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US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 300,000 restaurants and foodservice operators to help their businesses succeed. With 28,000 employees and more than 70 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill., and generates more than $28 billion in annual revenue. Visit www.usfoods.com to learn more.

US Foods may collect personal information from you in connection with the application process. US Foods complies with the California Privacy Rights Act of 2020, and its policy may be found here (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/USF_CCPA_policy.pdf) .

US Foods, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other basis prohibited by applicable law.

EEO is the Law poster is available here (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

EEO is the Law poster supplement is available here (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Pay Transparency policy statement is available here (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf) .

US Foods is committed to working with and providing reasonable accommodation to individuals with disabilities. If reasonable accommodation is needed to participate in the interview process or to perform essential job functions, please contact our US Foods Application Accommodation Line at 855-873-2468. You will be prompted to leave a message. Please state the specifics of the assistance needed and your contact information. A member of our HR department will return your call within two business days.