Operations Finance Manager - Inventory Control

Job Description

Job Description

Are you a self-driven person looking to advance your career as a high-impact player on a team? If so, we have an exciting challenge for you and your future!

Our culture is built on value commitments to innovation, quality, results, integrity, community, people, and collaboration that fosters a strong employee engagement, teamwork, safety and wellness. We offer a competitive benefits package that includes health, dental, vision, wellness programs, employee discounts, retirement plans, tuition reimbursement, ongoing development, advancement opportunities and more.

Founded in 1846, today HP Hood is one of the largest and most trusted food and beverage manufacturers in the United States. Our portfolio of national and super-regional brands and licensed products includes Hood, Heluva Good, Lactaid, Blue Diamond Almond Breeze, Planet Oat and more.

Job Summary:

Finance Manager of Inventory Control leads the inventory management and control processes ensuring accurate financial reporting and compliance. This role will develop proper inventory control processes for each plant. support accuracy of inventory valuation and financial analysis. They also will act as a key business partner to the local inventory control teams, support inventory projects and senior leadership. This role requires regular travel and may require up to 50% travel during onboarding period and on-going projects.

Essential Duties and Responsibilities:

• Coordinate with various teams, implementing inventory control systems, and analyzing data to improve inventory management processes.
• Implement and enforce inventory management policies and procedures to minimize losses, improve accuracy and optimize inventory metrics.
• Develop process controls that increases inventory accuracy from Goods Receipt to Product Delivery.
• Reconcile GRIR for all direct materials and prepare all related accounting transactions.
• Prepare/Review all inventory reconciliations.
• Develop, implement and audit appropriate cycle count procedures for each plant.
• Oversee the planning, execution, and completion of projects related to inventory management.
• Participate and/or lead in physical inventory audits and physical counts as required including projects and inventory validation.
• Analyze inventory costs, identifying variances, and recommend cost-saving measures.
• Ensure accurate valuation of inventory in accordance with accounting standards.
• Work with various other departments, such as production, purchasing, logistics, etc. to ensure coordinated inventory management.
• Work cross-functionally to maintain and develop and improve Inventory control KPIs
• Assist in the development budgets and forecasts as it relates to inventory.
• Identify opportunities to improve inventory management processes, reduce waste, and increase efficiency.
• Ensuring compliance with relevant accounting standards and regulations related to inventory, including GAAP.
• Provide regular inventory reports to management, highlighting key trends and potential issues.

Education and Experience:

• Bachelors/Associates Degree in Business/Finance or Supply chain or equivalent experience/education.
• 5-7 years of related experience.
• Data analysis experience and/or financial analysis preferred.
• Financial inventory experience required.
• Strong Microsoft Excel, inventory systems
• SAP Experience preferred

Skills and Competencies:

• Ability to work independently or within a group atmosphere
• Good organizational and time management skills
• Strong communication and interpersonal skills, including presentation
• Gather and analyze information from various systems ensuring completeness and correct categorizations
• Ability to effectively manage and prioritize several projects to meet deadlines
• Understanding of outside requests and information to provide for requests

The pay range for this position is $113,000 - $135,000. Exact compensation may vary based on skills, experience and location.

HP Hood is an Equal Opportunity Employer

Female/Minority/Veteran/Disabled

"VERVRAA Federal Contractor"

Exact compensation may vary based on skills, experience and location.

The pay range for this position is

$113,000—$135,000 USD

HP Hood is an Equal Opportunity Employer

Female/Minority/Veteran/Disabled

"VERVRAA Federal Contractor"

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For Applicants in Massachusetts - It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.