Finance Inventory Analyst

Tasks

• Support monthly inventory closing activities and reporting for multiple sites to ensure compliance with US GAAP and statutory requirements, post Manual Journal Entries when necessary
• Analyze factory inventory results, trends in inventory turns, and risks related to slow-moving and obsolete inventory
• Perform the booking, planning and tracking of obsolescence provisions, FIFO revaluations, Purchase Price Variance; summarize and communicate results to site and finance leaders
• Participate in annual standard cost update process by validating proposed changes in standard cost and perform the update in the ERPs
• Maintain and improve data accuracy, reporting efficiency, and internal controls over inventory and standard costing
• Collaborate with factory finance teams and controllership to ensure robust processes around physical inventory counts, cycle counts, and reconciliation of results, act as main point of contact for external auditor
• Contribute to continuous improvement and automation initiatives in data analytics and reporting
• Work with global and site-level partners to apply standard operating procedures and reporting templates consistently across locations
• Support the coordination of global inventory and costing calendars