Inventory and Financial Analyst

Job Summary The Inventory and Financial Analyst is responsible for analyzing and monitoring companywide inventory to support effective inventory management and strategic decision-making. This role evaluates inventory levels, utilization, aging, expiry, reserves, potential write-offs, and financial exposure to identify risks, trends, and opportunities. Working cross-functionally, the position provides actionable insights and recommendations to improve inventory accuracy, availability, utilization, controls, and overall inventory performance while reducing excess investment and financial risk. Education and Experience Requirements Inventory Analysis & Optimization · Analyze inventory levels, utilization, sales, and usage across company locations, including Sales Consultant and Consignment accounts, to identify risks, inefficiencies, and opportunities for improved inventory performance. · Monitor aging, slow-moving, and obsolete inventory; recommend strategies for reduction and improved turnover. · Evaluate and recommend inventory placement, allocation, and replenishment actions based on sales trends, operational requirements, and company objectives. Inventory Cost, Risk & Financial Analysis · Conduct inventory reserve analysis and provide recommendations to Accounting and leadership to support accurate financial reporting and inventory valuation. · Analyze and project financial exposure related to aging, expiry, excess inventory, obsolescence, and potential write-offs. · Analyze inventory investment and working capital trends to identify opportunities to reduce excess inventory while maintaining appropriate product availability and service levels. · Analyze inventory cost and valuation data, including standard costs, inventory adjustments, purchase price variances, and other inventory-related cost variances to identify trends and financial impacts. · Evaluate the financial impact of inventory decisions, including excess investment, redistribution, replenishment, write-offs, and inventory reduction initiatives. · Partner with Finance and Accounting on inventory valuation, reserves, cost variances, write-offs, and other inventory-related financial analysis. · Develop and enhance analytical tools and financial models to support inventory risk, cost, and investment decisions. Reporting, KPIs & Trend Analysis · Develop and present comprehensive inventory reports and dashboards for Executives, Finance, Regulatory, and department leaders. · Develop, monitor, and trend inventory KPIs to identify changes in performance, emerging risks, and opportunities for improvement. · Translate inventory data into clear, actionable insights and recommendations for management and key stakeholders. · Identify opportunities to improve and automate inventory reporting for greater accuracy, consistency, and efficiency. Planning & Cross-Functional Collaboration · Partner with cross-functional teams, including Operations, Purchasing, Quality, Finance, and Regulatory, to strengthen inventory controls, processes, and compliance. · Partner with Sales, Operations, and Purchasing to translate demand, usage, and inventory analysis into inventory planning and procurement recommendations. Systems & Inventory Controls · Utilize SAP and analytics platforms for data modeling, reporting, and inventory analysis. · Validate inventory data, research discrepancies, and analyze inventory variances to identify root causes and recommend corrective actions. · Analyze physical inventories, cycle counts, reconciliations, adjustments, and inventory audits across company inventory locations to identify discrepancies and improve inventory accuracy. Process Improvement, Training & Special Projects · Lead inventory optimization and process improvement initiatives and training related to inventory management best practices. Manage special projects…

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