Inventory Control Specialist

FTAI Aviation LLC• Miami, FL, US, FL

80d•Onsite

About The Position

FTAI Aviation Ltd. (NASDAQ: FTAI) owns and maintains commercial jet engines, focusing on the Maintenance, Repair, and Exchange (MRE) of CFM56 and V2500 engines. FTAI's proprietary products, including The Module Factory and a joint venture for engine PMA distribution, aim to simplify, reduce costs, and improve the environmental friendliness of CFM56 and V2500 engine maintenance. The company also owns and leases jet aircraft, which aids in acquiring engines at favorable prices. FTAI invests in aviation assets and aerospace products that yield strong, stable cash flows with potential for growth and appreciation. FTAI operates globally with offices in New York, Miami, Montreal, Singapore, Dubai, the United Kingdom, and Ireland.

Requirements

2+ years of experience in inventory control, warehouse operations, materials management, or a related field.
Experience with cycle counting and inventory reconciliation.
Strong attention to detail and problem-solving skills.
Ability to investigate discrepancies and track inventory transactions.
Experience with aviation, aerospace, MRO, or aircraft engine parts is required.
Basic to intermediate Microsoft Excel skills.
Ability to work effectively with Materials, Operations, Quality, and Supply Chain teams.

Nice To Haves

Experience with serialized or high-value inventory is preferred.
Experience with Quantum Control or another inventory/ERP system is preferred.

Responsibilities

Execute and coordinate routine cycle counts across local FTAI stockrooms and inventory locations using established ABC and risk-based counting procedures.
Maintain accurate inventory records by reconciling physical quantities to system-of-record balances.
Investigate inventory variances, shortages, overages, misplaced material, and unexplained inventory movements to determine root cause and final disposition.
Trace inventory through receiving, inspection, storage, transfers, kitting, issuance, repair, engine shop activity, and return-to-stock processes to determine where discrepancies occurred.
Conduct recounts and detailed transaction reviews when discrepancies are identified and ensure variances are properly documented and resolved.
Identify patterns of inventory loss, recurring discrepancies, process breakdowns, and control weaknesses and recommend corrective actions.
Ensure inventory adjustments are properly supported, documented, approved, and processed in accordance with company procedures and internal controls.
Monitor inventory accuracy metrics and identify opportunities to improve stockroom processes and inventory integrity.
Support inventory control requirements associated with CFM56 engine modules, components, piece parts, rotables, repairables, consumables, and engine hardware.
Maintain segregation and control of material placed on quality, technical, or inventory hold and ensure inventory is not released without appropriate authorization.
Partner with Materials, Operations, Quality, and Supply Chain teams to identify the source of discrepancies and establish corrective actions.
Escalate unresolved, high-value, recurring, or compliance-related discrepancies to appropriate leadership.
Support perpetual cycle count, physical inventories and special inventory projects as required.
Partner with stockroom, inspection and the repairs team to ensure parts continue to cycle through the process to make serviceable or sell overstocked material.
Work with receiving inspection, supply chain, and accounting to help clear quarantined material.
Participate in special projects and cross-functional initiatives related to inventory control, material management, and operational improvement as assigned.
Assist in developing, maintaining, and updating inventory management processes, procedures, work instructions, and related documentation to support inventory accuracy and operational efficiency.