Inventory Control Analyst (Finance)

Summary:

This position involves analyzing inventory data, identifying trends, and implementing strategies to improve inventory accuracy, minimize stock-outs, and reduce carrying costs. This position collaborates with cross-functional teams to ensure effective inventory management and support overall business objectives.

Essential Functions:

• Together with internal stakeholders, establish and maintain policies and procedures for inventory. Responsible for oversight of cycle count accuracy for assigned manufacturing sites. Provide support to local cycle count leaders to improve inventory accuracy.
• Analyze min/max inventory levels and lead periodic inventory reviews to optimize warehouse space.
• Assist with developing and implementing all inventory control procedures, cycle counting, and physical inventory processes to ensure accurate inventory reporting (raw material, in-transit, and finished goods).
• Investigate discrepancies with actual consumption versus planned consumption on Bill of Materials (BOMs) and item masters; evaluate and communicate trends.
• Work with peers to ensure cycle count processes/schedules are adhered to in a consistent manner. Assist others in understanding the root cause of inventory issues and driving corrective action activities.
• Utilize powered industrial trucks (PIT) (i.e. forklifts, motorized hand trucks)
• Other duties as assigned.

Qualifications:

• Bachelor's Degree. Equivalent work experience may be considered in lieu of degree.
• 2+ years of experience in inventory management and analysis.
• Strong understanding of inventory control principles, including inventory valuation methods, demand forecasting, and replenishment strategies.
• Proficiency in inventory management systems and software.
• Willing and able to become a licensed forklift operator.