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Senior Manager, Inventory & Cost Accounting

Amcor
7 hours ago
Full-time
On-site
Manchester, MI, United States
Indeed

Accelerate the possible by joining a winning Amcor team that’s transforming the packaging industry and improving lives around the world. At Amcor, we unpack possibility through our innovative and responsible packaging to provide solutions that benefit our customers, our people and our planet. More than 10,000 consumers worldwide encounter our products every second and rely on us for safe access to food, medicine and other goods. We value their trust by making safety our guiding principle. It’s our core value and integral to how we do business. Beyond this core principle, our shared values and behaviors unite us as we work together to elevate customers, shape lives and protect the future. We champion our customers and help them succeed. We play to win – adapting quickly in an everchanging world – and make smart choices to safeguard our business, our communities and the people we serve for generations to come. And we invest in our world-class team, empowering our colleagues to unpack their potential, because we believe when our people grow, so does our business. To learn more about playing for Team Amcor, visit www.amcor.com I LinkedIn I Glassdoor I Facebook I YouTube Job Description Position Overview: This role is part of the Amcor Rigid Packaging Accounting Shared Services leadership team and reports to the Business Group Controller. The role is responsible for managing all aspects of inventory accounting, including managing complex raw material (resin) pass through arrangements with customers, resin payables supervision, resin inventory valuation, overhead costing, inventory policy and internal controls as well as supporting the business by analyzing inventory costs and trends, working with procurement and business groups on forecasts and analytics, and supporting working capital/cash flow forecasts. The role requires the successful candidate to manage multiple conflicting demands and to work effectively with a variety of stake holders. Essential Responsibilities and Duties: General Responsibilities Lead ARP North America shared service inventory function supporting three Business Units and more than 25 plants Act as a change agent within ARP finance community identifying and driving best practices, promoting the implementation of new requirements and driving process improvements Provide sound financial and economic advice to key stakeholders on inventory related matters Account Support Manage resin accounting by providing guidance and leadership in the areas of PPV calculation, resin inventory and payables valuation Manage process for maintaining, reviewing and analyzing overhead costs in ending inventory Work with Commercial Finance teams on new (or revised) resin pricing; ensure prices are implemented correctly and timely in accordance with contracted resin market price movements Collaborate with Procurement and Business Finance providing timely and detailed analysis related to impact of resin prices on company profitability and quantifying resin related savings. Support and account for raw material derivatives; coordinate with Commercial Finance teams and local procurement team (along with corporate procurement team in Zurich, Switzerland) Manage, review and update cost standards for resin and other materials on annual basis Research resin market trends and communicate key pricing changes or market movements to ARP Finance and Commercial leadership teams Oversee resin PPV monthly forecasting and yearly budgeting process; provide detailed analysis/bridges and commentary covering year-over-year and operating plan variances Partner with procurement teams on sourcing initiatives and ensure data integrity of profitability and financial modeling Manage special projects and drive process improvement initiatives, as needed Other tasks, ad-hoc financial analysis and special projects as they arise Lead M&A integration activities as needed, including system implementations, for the above areas and work with a…

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