Inventory Control Analyst

BASIC FUNCTION: The Inventory Control Analyst will execute inventory control measures to ensure the company minimizes inventory variances and discrepancies. All duties will be performed within the guidelines of the company’s policies and procedures, Internal Control Standards and objectives.

QUALIFICATIONS: EDUCATION, KNOWLEDGE, TRAINING, & WORK EXPERIENCE

To perform this job successfully, an individual must be able to perform each of the essential duties and responsibilities satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

 Must have High School Diploma or High School Equivalency Diploma (HSED).

 Must be a minimum of 21 years of age to work in the Casino in a non-sensitive area.

 Must have the ability to effectively interact with customers and employees.

 Must be able to obtain and maintain a valid gaming license.

 Must possess a valid employee alcohol permit.

 Employment is contingent upon a favorable outcome of a background investigation and drug screening.

 Must possess a relevant professional qualification and/or suitable background experience in inventory management.

 Must possess relevant skills in basic MS Office applications- Outlook, Excel & Word, and have a working knowledge of Purchasing/Inventory Control Database and POS systems.

 Must have strong analytical and problem solving skills.

 Must possess excellent verbal and written communication skills for a demanding and customer focused working environment.

 Must possess excellent personal organization and business administration skills in accordance with modern best practice methods.

 Must possess the ability to work productively, efficiently and effectively with initiative and drive under tight timescales and pressure while maintaining attention to detail and quality.

 Must possess the willingness to learn, improve and adapt.

 Must fully understand all point of sale and accounting systems that are related to inventory control.

ESSENTIAL FUNCTIONS:

1. Interfaces and works with all food and beverage departments to resolve any and all inventory issues.

2. Manages and maintains food and beverage stocked product inventory, including stock profiles and stock locations.

3. Manages and controls inventory cycle counting/inventory accuracy checks. Plans, executes and supports the physical inventory and cycle counts along with developing and managing procedures. Determines and establishes guidelines for what is to be counted; reconciles problems; produces and reconciles value reports, identifies errors and opportunities, initiates corrective action and makes necessary adjustments. Provides regular counting and verification of physical inventories to establish inventory accuracy.

4. Determines and corrects root causes of errors to ensure that inventory accuracy improves steadily and permanently

5. Investigates and resolves inventory problems in Puchasing/Inventory Contraol database system.

6. Runs appropriate cost and integrity reports using the Purchasing/Inventory Control database and POS systems. Analyzes cost and provides appropriate pricing suggestions to the food and beverage management to maintain expected cost percentages for each outlet.

7. Ensures incoming product is properly received, including adhering to the company’s correct disposition and procedure on vendor received damaged product. Establishes and implements effective processes and reports to accurately account for all damaged merchandise from vendors.

8. Provides executives and appropriate management information on inventory performance.

9. Monitors and evaluates waste, transferred and returned product procedure and ensure all adjustments are properly adjusted from inventory using established methodology.

10. Writes and maintains accurate written procedures for all food and beverage inventory control processes and functions.

11. Works closely with food and beverage management addressing all labeling, rotation & waste issues discovered as a result of daily inspections.

12. Tracks inventory performance and interprets variances and corrects problems.

13. Oversees the food and beverage inventory to ensure controls and procedures are in place (physical counts, cycle counts, and monthly reconciliations). Investigates significant physical inventory variances in order to determine causal factors and formulates and recommends specific courses of action to resolve problem areas.

14. Prepares and analyzes monthly actual results and variance analyses to budget/forecasts. Partners and collaborates with food and beverage management to clearly articulate the linkage between operational and financial performance.

15. Supports the food and beverage management team to assure achievement of the company’s objectives, including analyzing data to initiate improvements and cost savings.

16. Interprets and reports events and practices having an impact on product cost operations.

17. Analyzes and interprets daily cost data to identify problem areas and provides explanations to management of significant variances.

18. Leads variance meetings to build rapport with food and beverage team and aid their comprehension of cost data.

19. Maintains and continuously improves the systems which support the inventory product costing.

20. Responsible for accuracy and integrity of the food and beverage inventory reports.

21. Assists in building business processes and tools that simplify the work and improve efficiency in the inventory tracking systems.

22. Complies with all State purchasing reporting requirements for minority and women owned businesses (MBE & WBE).

23. Performs other duties as reasonably requested by management.