Financial Inventory Director
3 weeks ago
Ardagh Group is a global leader in glass packaging solutions, producing packaging for the world's leading brands. We are seeking an experienced Financial Inventory Director to join our team.
About Us
Ardagh Glass Packaging has a rich history, tracing its roots back to the Irish Glass Bottle Company, founded in 1932. Since then, we have grown rapidly to a team of over 20,000 people with revenues of over $9 billion. Today, we have a presence across Europe, Africa, and North America.
We are passionate about sustainability and innovation, pushing the boundaries of what's possible in production methods, design techniques, and recycling methods. Our aim is to reduce any negative environmental impact while remaining economically sustainable and socially responsible.
Job Description
The Financial Inventory Director will be responsible for overseeing the financial aspects of inventory management within the distribution center. This role will ensure that inventory levels are accurately reflected in financial records, optimizing inventory investment while minimizing financial risk.
- 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.
- Serve as the 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.
Requirements
- Education: Undergraduate degree in finance, accounting, business, or a related discipline.
- Experience: Minimum of 5 years of accounting experience.
- Skills: Proficient in Microsoft Office Suite, experience with integrated ERP systems, excellent interpersonal and communication skills, exceptional problem-solving, analytical, and technical skills.
- Preferred Skills: Manufacturing or cost accounting experience, experience with SAP and Warehouse Management (WM) software, experience with inventory control.
Compensation
The anticipated base annual salary range for this role is between $106,000 and $160,000 per year. The final salary will be determined after considering relevant factors, including a candidate's qualifications and experience.
Benefits
- Medical, prescription, dental, and vision plans.
- Flexible Spending Accounts (FSA).
- Life insurance.
- 401(k) retirement plan with company match.
- Paid holidays and vacation.
- Short- and Long-Term Disability (STD/LTD).
- Employee Assistance Program (EAP).
- Apprenticeship programs.
- Professional and personal development opportunities through Employee Resource Groups.
Ardagh Group is an Equal Employment Opportunity (EEO) Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability, or any other basis prohibited by federal, state, and local law.
Ardagh Group complies with federal, state, and local disability laws and makes reasonable accommodations for applicants and employees with disabilities. Contact Kelly Molloy if a reasonable accommodation is needed.
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