Inventory Analyst

Reports To: Director of Finance

Direct Reports: N/A

FLSA Status: Exempt (Not eligible for OT)

Employment Type: Full time

Position Overview: The Inventory Analyst will help the organization's management navigate inventory purchases, resource allocation and to forecast future sales. The goal is to maximize the organization's production. The Inventory Analyst will manage inventory items and control the day-to-day inventory operations while implementing an agreed-upon inventory control protocol.

Essential Job Functions:

• Develop strong partnerships between operating locations, departments and key individuals to ensure inventory procedures are followed.
• Prepare weekly, monthly, and annual summaries related to inventory accuracy, variance explanations and cycle counting.
• Compile, analyze, and evaluate data to inform financial revenue projections and support an aggressive growth strategy.
• Perform more complex testing activities in the planning, controls testing and reporting phases in accordance with established standards.
• Identify root causes and disconnects to help management develop resolutions to inventory inaccuracies, work order release issues, aircraft cost variances, material flow issues and manufacturing positions with regard to the master production schedule.
• Prepare general ledger reconciliations for all inventory and cost of goods accounts.
• Identify and analyze recurring critical path items to mitigate impacts to the production schedule. Implement solutions to help remove barriers in order to improve production rates. Respond to problem issues from customers and initiate actions to minimize negative impacts.
• Analyze and track material deviations to include cannibalization from aircraft or inventory, diversion of assets, material discrepancies, receiving discrepancies, quality issues and in-house completion processes.
• Audit costing methods, research variances, providing process improvement recommendations.
• Assist in month end reporting and financial close cycle.
• Other duties as assigned

Training: Provided on the job and supplemented with external seminars/classes.

Qualifications:

• Education & Certifications: Associate’s or Bachelor’s Degree in business, accounting, finance, or equivalent experience.
• Experience: Previous manufacturing experience preferred.

Key Competencies:

• Investigative skills
• Strong work ethic, ability to work independently with limited supervision
• Problem-solving and keen attention to detail
• Use of ERP and vendor management systems

Physical Requirements: Must be able to stand or sit for duration of day, and walk frequently.

Working Conditions: Daily work in a temperature-regulated office environment, frequent interaction with individuals, and occasional independent work in personal office.

EEO Statement: National Safety Apparel provides equal employment opportunities for all persons regardless of race, color, religion, sex, national origin, handicap, disability, ancestry, age, veteran status, marital status, sexual orientation or any other protected group status as defined by law.