Inventory & Cost Accounting Assistant - Ramen Nagi Group

Fagokho Corporation is the mother company of several multinational brands, including Ramen Nagi, Nagi Izakaya, Hakata Ton-ichi, Tendon Akimitsu, Fatfook, and other Japanese and Asian concepts.

Job Summary

This position works closely with the Finance, Procurement, Commissary/Production, Warehouse, and Operations teams to support efficient inventory management and accurate product costing.

Key Responsibilities:

• Maintain accurate and updated inventory records for raw materials, packaging, supplies, and finished goods.
• Monitor inventory movement, including receiving, transfers, issuances, returns, and adjustments.
• Assist in conducting regular physical inventory counts and cycle counts, and reconcile discrepancies against system and accounting records.
• Track spoilage, wastage, expiry, and inventory variances, and ensure proper documentation and reporting.
• Coordinate with warehouse, commissary, and store operations to ensure timely and accurate inventory reporting.

• Assist in the preparation and monitoring of product costing, including raw material cost analysis, standard costing, and actual costing.
• Support the review and validation of recipe costing, portion costing, and food cost percentages.
• Monitor cost variances related to inventory usage, wastage, and production output.
• Assist in the preparation of inventory valuation and cost of goods sold (COGS) reports.
• Provide support in month-end closing activities related to inventory and cost accounting.

• Reconcile physical stock balances with inventory records and accounting data.
• Prepare inventory and cost-related reports for management review.
• Assist in analyzing discrepancies and recommending corrective actions to improve inventory accuracy and cost control.
• Maintain proper filing and documentation of inventory and costing records for audit and compliance purposes.

• Ensure adherence to company policies, accounting procedures, and internal control standards.
• Support compliance with food inventory practices such as shelf-life monitoring, spoilage control, and stock rotation.
• Coordinate with relevant departments to improve inventory processes, cost monitoring, and reporting accuracy.
• Assist in system updates and encoding of inventory and costing data as needed.

• Bachelor’s degree in Accountancy, Accounting Technology, Management Accounting, Business Administration, or any related field.
• At least 1–2 years of experience in inventory accounting, cost accounting, or inventory control, preferably in the Food & Beverage, restaurant, retail, or manufacturing industry.

• Knowledge of inventory accounting, cost accounting, and inventory reconciliation.
• Familiarity with inventory systems, accounting software, or ERP systems.
• Proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis.
• Understanding of food cost computation, recipe costing, and inventory valuation is an advantage.
• Strong analytical, numerical, and organizational skills.
• High attention to detail and accuracy in handling reports and records.
• Good communication and coordination skills.

• Experience in the F&B, restaurant, or commissary operations environment.
• Knowledge of inventory controls, food costing, and spoilage management.
• Familiarity with ERP/accounting systems used in inventory and costing processes.

• Primarily office-based, with occasional visits to warehouse, commissary, kitchen, or store locations for inventory verification and coordination.
• May be required to participate in actual inventory counts and stock audits.
• Fast-paced work environment that requires flexibility, accuracy, and ability to meet deadlines.