Inventory Control Manager
1 month ago
Inventory Control Manager
Is environmental sustainability a core value of yours? Do you want to contribute to keeping food fresh, homes and people cool, industrial processes operating all with maximum energy efficiency and environmental sustainability in mind? All of this in a critical infrastructure industry? Then Hudson Technologies is the place for you Hudson Technologies is the largest independent distributor of refrigerants and the largest refrigerant reclaimer in North America. Combined with our industry leading, patented, and proprietary On-Site Chiller Services and Global Energy Services we lead the way in our commitment to the circular economy of the HVACR industry.
Position Overview
Under the general direction of the Controller, the Inventory Control Manager manages and oversees effective preparation, analysis, and insight for inventory balances. Ensures accurate and timely close processes are in place and implements measures to identify all material transactions are appropriately recorded. This role also ensures that the company has seamless and accurate counting and reconciliation of physical inventory.
Essential Duties and Responsibilities include, but not limited to:
- Manage inventory at multiple sites in the US
- Manage physical inventory counting and reconciliation, and execute on cause/resolution
- Monitor inventory costs and layers
- Analyze monthly absorption rates and assess/implement annual changes
- Calculate monthly slow moving inventory reserve
- Coordinate the timeliness, accuracy and completeness of period end close activities for inventory and related inventory reserves, including journal entries, account reconciliations and roll-forwards in accordance with reporting deadlines.
- Manage end-to-end inventory processes and provide analysis of company performance by collecting, interpreting, and presenting key reports to management
- Identify damaged, returned or mis-ordered inventory
- Assists in cycle count program
- Assist in developing material standards and overhead rates for standard cost system
- Collaborate with FP&A, Accounts Payable, Production, Operations, and Logistics departments to ensure accurate recording of inventory and related expenses
- Protect integrity of inventory by establishing, monitoring, and enforcing internal controls
- Monitor inventory accounting and related system reports for accuracy and completeness
- Assist with the financial audits and provide recommendations for procedural improvements to ensure accounting procedures and reporting conform to generally accepted accounting principles
- Perform other ad hoc duties as requested
Required Skills and Experience:
- Bachelor’s Degree in accounting
- 3-5 years of progressively responsible experience in Cost accounting and/or Inventory accounting control
- Manufacturing experience a must
- Microsoft 365 a plus
- Strong analytical, communication, organizational, and problem-solving skills
- Extraordinary interpersonal skills to work in conjunction with other departments.
- Must be a team player who also works well independently
- Must be able to analyze data, draw conclusions, interpret results, and make recommendations.
- Advanced proficiency in Excel
- Proficient knowledge of Outlook and Word
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