Finance Analyst, Inventory Accounting

The Inventory Analyst is responsible for inventory accounting across multiple Global Supply Chain (GSC) manufacturing and distribution sites. Utilizing investigative skills, the Inventory Analyst identifies, research, and remedies accounting variances. The analyst puts emphasis on book to perpetual review and plays a key role during annual physical inventory. In this role, the Inventory Analyst will develop a familiarity with inventory and operational accounting and strengthen analytical and problem-solving skills. The analyst drives continuous improvement by providing innovative feedback and employs transactional lean tools to make inventory processes increasingly more efficient.

Because this role involves access to confidential financial information, the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments.

This role is not hybrid or remote and is located at our Cleveland, OH office.

CORE RESPONSIBILITIES AND TASKS

General Ledger to Perpetual Reconciliation

• Reconcile perpetual inventory balances to the general ledger
• Identify root cause of variances and book correcting entries as needed

Annual Physical Inventory

• Support the annual physical inventory process for BoB plants and distribution centers
• Work with sites to prepare for physical inventory and clear pre-inventory checklists
• Travel to sites during the count and assist with running reports, reviewing variances, etc.

Physical Inventory Exemption (PIE) Program

• Review monthly cycle count results of sites on the PIE program
• Monitor metrics such as count accuracy and completion percentage and provide updates to sites regarding their progress towards maintaining exemption
• Travel to sites on the program annually and conduct audit procedures to ensure site adherence to policy

Month End Close

• Calculate and book entries in support of monthly financial close
• Review and provide reporting on monthly results

Ad hoc Analysis and Projects:

• Perform ad-hoc analysis as requested by either Inventory Management or Business Unit level Management.
• Participate in special projects as needed

POSITION REQUIREMENTS

FORMAL EDUCATION:

Required:

• Bachelor's Degree

Preferred:

• Accounting or Finance Major

KNOWLEDGE & EXPERIENCE:

Required:

• 2+ years in an Accounting or Finance position
• Strong analytical, problem solving, and communication skills
• Working knowledge of Microsoft Office applications, particularly Excel.

Preferred:

• Prior experience within an inventory accounting type of position.
• Prior operations (MFG/DSC) experience.
• Prior audit experience.
• Working knowledge of Operational Order Mgmt. Systems, Accounts Payable and/or Billing systems
• Working knowledge of TAG POS, AOM, Oracle Cloud, MicroStrategy, and Business Objects

TECHNICAL/SKILL REQUIREMENTS:

Required:

• Effectively manage through various operating systems
• Ability to communicate effectively with individuals at all levels of management
• Ability to recognize trends, patterns, and investigate financial irregularities

Preferred:

• Successful completion or involvement in a large scale financial project (i.e...member of an integration, an acquisition or new operating system)

TRAVEL: 10%