Senior Manager, Inventory & Cost Accounting

Amcor•Manchester, MI

About The Position

The Senior Manager, Inventory & Cost Accounting is part of the Amcor Rigid Packaging Accounting Shared Services leadership team and reports to the Business Group Controller. The role leads the North American shared-service inventory function supporting three business units and more than 25 plants. It manages inventory accounting, including complex customer resin pass-through arrangements, resin payables and inventory valuation, overhead costing, inventory policies and internal controls. The position also analyzes inventory costs and trends, works with procurement and business groups on forecasts and analytics, and supports working-capital and cash-flow forecasts. The role provides financial and economic advice to stakeholders, leads process improvements and best-practice adoption, and manages compliance, audits, journal entries, reconciliations, and month-end reporting related to its areas. It collaborates with finance, procurement, supply chain, treasury, and other colleagues, and leads and develops a team of three accounting professionals. Occasional travel of less than 5% is required.

Requirements

Bachelor’s degree in Accounting or Finance.
10–15+ years of increasing responsibility in inventory or cost accounting within a large, complex, multi-location manufacturer.
Strong general accounting skills and thorough understanding of US GAAP inventory rules and requirements.
Strong systems aptitude.
Strong Microsoft Office skills, especially Microsoft Excel.
Understanding of financial-statement relationships among the balance sheet, income statement, and cash-flow statement, with demonstrated experience developing or modeling financial statements.
Excellent oral and written communication skills and ability to articulate ideas clearly.
Unrelenting integrity and ethics.
Professionalism and strong overall business acumen.
Effective teamwork and interpersonal skills.
Ability to multitask, meet strict deadlines, and work under pressure.

Nice To Haves

Master’s degree in Accounting or Finance.
CPA or CMA designation.
Experience in a US public company.
Experience with SAP ERP, SAP BPC, and SAP Business Objects.
Business understanding of commodity markets, preferably the petrochemical value chain.

Responsibilities

Lead the ARP North America shared-service inventory function supporting three business units and more than 25 plants.
Identify and drive best practices and process improvements, promote implementation of new requirements, and act as a change agent within the ARP finance community.
Provide financial and economic advice to stakeholders on inventory-related matters.
Manage resin accounting, including guidance on purchase price variance calculations and resin inventory and payables valuation.
Maintain, review, and analyze overhead costs in ending inventory.
Work with Commercial Finance on new or revised resin pricing and ensure prices are implemented accurately and on time in accordance with contracted resin market movements.
Collaborate with Procurement and Business Finance to provide analysis of resin price impacts on profitability and quantify resin-related savings.
Support and account for raw-material derivatives, coordinating with Commercial Finance, local procurement, and corporate procurement in Zurich.
Manage, review, and update annual cost standards for resin and other materials.
Research resin market trends and communicate significant pricing changes and market movements to finance and commercial leadership.
Oversee monthly resin PPV forecasting and annual budgeting, providing analysis, bridges, and commentary on year-over-year and operating-plan variances.
Partner with procurement on sourcing initiatives and ensure the integrity of profitability data and financial models.
Manage special projects and process-improvement initiatives, and perform other ad hoc financial analyses as needed.
Lead M&A integration activities as needed, including system implementations, and work with cross-functional teams.
Establish, monitor, and enforce internal controls and ensure compliance with policies and procedures.
Ensure transactions appropriately reflect the legal and tax structures of domestic and international subsidiaries.
Support internal and external audits, quarterly reporting, and statutory close requirements.
Review and approve journal entries and account reconciliations, and ensure timely and accurate month-end reporting.
Work with Group Treasury to identify and manage foreign-exchange risk in the relevant areas.
Lead, manage, and develop a team of three accounting professionals; attract, retain, engage, motivate, and develop team members and build bench strength.

Benefits

Medical, dental, and vision plans.
Flexible time off, starting at 80 paid hours per year for full-time salaried employees.
Company-paid holidays, starting at 8 days per year; amount may vary by location.
Wellbeing program and Employee Assistance Program.
Health Savings Account and Flexible Spending Account.
Life insurance, AD&D, short-term and long-term disability, and voluntary benefits.
Paid parental leave.
Retirement Savings Plan with company match.
Tuition reimbursement, dependent upon approval.
Discretionary annual bonus program; initial eligibility depends on hire date.