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Controller, Distribution Center

2 months ago

Stamford, Connecticut, United States ARDAGH GROUP Full time

Role description:

The Inventory Financial Controller is responsible for overseeing the financial aspects of inventory management within the distribution center. This role ensures that inventory levels are accurately reflected in financial records, optimizing inventory investment while minimizing financial risk. The Inventory Financial Controller will collaborate with finance, procurement, logistics, and warehouse operations teams to align inventory practices with financial goals. In addition, this role is the main point of contact for the management of the distribution facility.

Responsibilities:

  • Inventory Financial Management:
    • Monitor and maintain accurate financial records of inventory levels in the distribution center.
    • Ensure that inventory valuations are correctly reflected in the financial statements.
    • Analyze inventory-related financial data to identify trends, cost-saving opportunities, and risks.
    • Develop and implement inventory accounting policies and procedures to ensure financial compliance.
    • Main point of contact for distribution facility management.
  • Data Analysis and Reporting:
    • Generate and analyze financial reports related to inventory,
    • Provide financial insights and recommendations to management based on inventory performance.
    • Assist in budgeting and forecasting related to inventory investments and carrying costs.
  • Process Improvement:
    • Identify and implement process improvements to enhance inventory financial accuracy and efficiency.
    • Work with cross-functional teams to optimize inventory turnover, reduce obsolescence, and align inventory with financial objectives.
    • Develop and enforce financial controls and best practices for inventory management.
  • Coordination and Communication:
    • Collaborate with the finance, procurement, logistics, and warehouse teams to ensure alignment between physical inventory and financial records.
    • Communicate inventory-related financial issues and resolutions to relevant stakeholders, including senior management.
    • Liaise with auditors and provide necessary documentation for inventory-related financial audits.
  • Compliance and Documentation:
    • Ensure compliance with company policies, accounting standards, and regulations related to inventory control.
    • Maintain accurate and up-to-date financial records and documentation for inventory transactions, including receipts, transfers, and adjustments.
    • Support internal and external audits by providing necessary financial records and inventory documentation.

Minimum skills / qualifications:

  • Undergraduate degree in finance, accounting, business, or a related discipline
  • Minimum of 5 years of accounting experience
  • Proficient in Microsoft Office Suite
  • Experience with integrated ERP systems
  • Excellent interpersonal and communication skills to interact effectively with management and outside customers
  • Exceptional problem-solving, analytical, and technical skills
  • Good team dynamics and possess proficient planning and organizational skills
  • Must be able to work on-site daily
  • Limited travel (