Inventory Analyst Finance

AFL GlobalCalgary, AB
Hybrid

About The Position

America Fujikura Limited (AFL) is seeking an active problem solver with a strong inclination for process improvement and a desire to contribute significantly to our dynamic organization as a Finance Inventory Analyst. In this position, you will report to the Director of Finance – Planning and Analysis and collaborate with Business Units' management, Purchasing staff, PMO team, and financial staff. The Financial Inventory Analyst role is a crucial contributor that will involve developing, documenting, implementing, and maintaining processes to ensure precise inventory valuation across all inventory areas.

Requirements

  • Knowledge of accounting and control processes with a large complex organization.
  • Experience with the financial closing cycle, audit processes and control environment knowledge.
  • 2+ years of accounting experience in a finance role in a distribution, construction and/or service environment.
  • Advanced skills in MS Excel are a requirement.
  • Analytical Thinking/Problem Solving - capable of complex reasoning analysis.
  • Results focused - driven to achieve.
  • Independent - ability to work well under limited supervision.
  • Flexible - open to change and innovative technology. Rapidly adapts to changing conditions or unexpected obstacles.
  • Detail oriented - excellent attention to detail with the ability to follow through on assigned tasks.
  • Interpersonal skills - able to collaborate on projects, maintain effective relationships, and communicate clearly at all levels of the business.
  • Adaptability - capable of working in a fast-paced environment, adapting to various situations, and prioritizing multiple work assignments simultaneously.
  • Team Player skills - Possess strong commitment to team environment dynamics with the ability to contribute expertise and follow leadership directives at appropriate times.

Nice To Haves

  • Proficiency in MS Word and PowerPoint is considered an asset.
  • Experience with ERP systems (SAP, Great Plains, Solomon) or project-based accounting software is considered an asset.
  • Demonstrated ability to work with multiple sources of diverse and complex information applied to the resolution of complex issues.

Responsibilities

  • Ensure accuracy of inventory valuation through monitoring and maintenance of inventory standard costs and physical counts.
  • Coordinate and support the physical inventory process across all entities, ensuring variances are isolated, understood and that all related finance processes are adhered to.
  • Perform periodic inventory cycle counts on high circulation/value items.
  • Maintain inventory accuracy through control of PO receiving, inventory transfers, relief of inventory to projects, and invoicing occur accurately and timely with no significant variations.
  • Maintain the policies for inventory valuation.
  • Provide timely costing information to leadership to ensure selling prices align to the latest market costs for billable material items.
  • Ensure inventory adjustments are approved, recorded, and documented.
  • Complete ongoing systematic reviews of standard costs for all entities.
  • Monitor inventory-related business risks such as inventory levels, obsolescence, etc.
  • Provide support and explanation for all inventory valuation questions.
  • Work with operations to ensure the proper setup of new products for all entities (BOM and routing assistance).
  • Complete month-end close processes ensuring all Great Plains generated transactions are posted accurately and in a timely manner with balance sheet accounts reconciled.
  • Complete control environment self-assessment of key controls annually.
  • Support audit requirements to ensure timely delivery and response to audit questions.
  • Work with the financial analyst and business unit management to forecast and review the P&L periodically.

Benefits

  • Competitive pay system
  • Annual merit increases
  • Thriving work sites with continued employment even through the winter months.
  • Excellent training and professional development opportunities
  • A supportive and diverse team environment
  • Opportunity to work in a dynamic, rapidly changing industry.
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