Inventory Control Analyst, Finance

PFX Group•Freehold, NJ

3d•Onsite

About The Position

The Inventory Control Analyst - Finance oversees the full inventory cycle from production to customer invoices. This role is responsible for managing the inventory levels in the Manufacturing plants and the respective Distribution Centers network to ensure inventory accuracy and compliance with established procedures.

Requirements

Bachelor’s degree in logistics, business administration or a related field preferred
Minimum of 3 years of relevant experience in inventory and distribution
Strong analytical skills
Strong interpersonal/communication skills
Advanced Excel skills

Nice To Haves

Proven experience in inventory control and warehouse operations
Ability to work in a fast-paced environment and adapt to changing priorities
Strong problem-solving skills
Prove ability to work collaboratively with cross-functional teams and influence decision-making
Excellent time management skills with attention to detail to ensure accuracy in inventory records
Strong knowledge of ERP systems

Responsibilities

Perform regular cycle counts and spot checks (daily, weekly, and monthly) in accordance with the company’s inventory control program
Coordinate with Operations/Logistics weekly/monthly/annual counts on raw materials, work-in-progress, and finished goods
Identify, analyze, investigate, and reconcile inventory discrepancies between physical counts, production usage, receipts, transfers, and ERP system records.
Initiate standardized follow-up actions based on count and variance results, including root cause analysis, trend identification, corrective action implementation, process improvement proposals, and updates to inventory control procedures.
Monitor key inventory items to maintain appropriate inventory levels, reducing cost exposure and minimizing supply gaps
Work closely with the Logistics and Operations teams and the Inventory Manager to assess physical stock handling processes to identify sources of inventory variance and ensure a smooth operation
Maintain a high level of accuracy and attention to detail in all inventory processes
Ensure all necessary pre-count tasks are completed ahead of the scheduled counts such as inventory adjustments, stock transfers, and equipment readiness
Enter the count results into the ERP system promptly after completion and proper approval, ensuring accuracy and completeness of data entry
Accountable for weekly reporting updates on inventory variances and status on action plan (s) to improve inventory accuracy
Analyze trends and recurring issues to identify root causes and recommend corrective actions.
Perform various analyses to explain and justify inventory discrepancies