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Inventory Financial Analyst

2 months ago

Newport Beach, United States Lugano Diamonds Full time
Job Overview

Company Background

At Lugano Diamonds, we are driven by our core principles – The Lugano Way. Our team embraces a proactive approach that propels our success. We prioritize a people-centric culture and cultivate an atmosphere of ongoing learning and collective growth. Our mission is to consistently discover pathways to success and deliver excellence in every endeavor. Through innovation, teamwork, and collaboration, we realize this vision. Join us in crafting a future filled with brilliance and endless opportunities.

Candidate Profile

You possess a robust background in inventory financial management and have experience overseeing high-value, intricate, customized inventory. In this pivotal role, you will be responsible for managing and upholding precise inventory records, performing regular reconciliations, and ensuring adherence to internal controls. Reporting directly to the CFO, you will work closely with various departments, including operations, sales, and procurement, to facilitate seamless inventory oversight and reporting.

Key Responsibilities

  • Oversee monthly, quarterly, and annual financial closing processes for complex, high-value goods.
  • Track inventory acquisitions and provide financial support and analysis to the production team. Prepare monthly purchase reconciliations.
  • Develop the annual budget and establish labor/overhead rates semi-annually for our internal manufacturing unit.
  • Conduct account variance analysis focusing on inventory and cost accounting, gross margin, cost of goods sold, and international and intercompany transactions.
  • Assist the Controller in managing the Company's SOX compliance program, ensuring compliance with processes in the Accounting and IT departments.
  • Support the Controller in managing external audit schedules assigned to the accounting team, ensuring timeliness and accuracy.
  • Guarantee the timeliness, completeness, and accuracy of journal entries and balance sheet reconciliations.
  • Engage in additional accounting and analytical projects as needed.

Qualifications

  • In-depth understanding of manufacturing operations, inventory, and cost accounting (experience in luxury retail is preferred).
  • Extensive hands-on experience with modern ERP systems (NetSuite is advantageous).
  • Proficient in advanced Excel skills, capable of analyzing large datasets and executing complex calculations.
  • Exceptional attention to detail and strong organizational capabilities.
  • Robust analytical and problem-solving skills.
  • Able to work both independently and collaboratively within a team setting.
  • Excellent communication and interpersonal abilities.

Compensation Transparency

The targeted base salary is $110,000, complemented by an annual bonus. The total compensation package is influenced by work location and additional factors, including job-related skills, experience, and relevant education or training.

Work Environment

Our workplace is maintained in a clean, organized manner, with appropriate lighting and ventilation, adhering to safety standards. Noise levels are low, and daily physical activities are light, primarily involving office work with occasional lifting of up to 25 pounds, bending, stooping, kneeling, or walking. Employees should be prepared for the possibility of extended hours if required. Work hours and days may vary by position. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

Employee Benefits

Lugano Diamonds is a rapidly growing organization that offers numerous opportunities for professional development and career advancement. We take pride in providing a comprehensive compensation package that includes commission and bonus plans for all employees, a variety of healthcare options, a 401k plan with matching contributions, and paid time off. Join our team and shape your own future.

Diversity Commitment

Lugano is dedicated to fostering a diverse workplace that recruits and rewards employees based on their skills and performance. We embrace inclusivity, celebrate our differences, and welcome a wide range of perspectives and ideas, regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Become Part of Our Team – Where People, Leadership, Innovation, and Passion are our priorities.