Associate Director, Above Market Inventory Accounting
MSDAbout the role
Job Description
Our Finance team brings together our financial perspectives into our overall strategic and tactical decision making. We use state-of-the-art techniques for financial analysis, planning, accounting, reporting and performance evaluation. This allows the organization to continue advancing medical innovation and improve lives.
Position Description:
The main responsibilities of this position will focus on accounting and analysis of various aspects of our Company’s Inventory.
Prepare Quarterly IQV (Inventory of Questionable value) analysis to identify inventory at risk and present results to Senior Management.
Perform a review of our Company’s top key products in order to understand inventory trends. Meet with inventory planners from Supply Chain Management to identify matters affecting inventory levels
Review inventory footnote and work with consolidation/accounting standards to ensure appropriate disclosure of inventory balances.
Review and approve monthly journal entries for inventory, including capitalized variance and standard revision journal entries to support the month end close.
Perform ad-hoc consolidation analysis to support business decisions.
Responsible for updating Inventory policies and procedures.
Ensure the appropriate and adequate internal controls are in place in accordance with corporate procedures as it relates to inventory, includes liaising with internal and external audit teams.
Coach and develop two full time employees with respect to monthly and quarterly deliverables which includes review of monthly reconciliation of our Company’s global inventory to the general ledger, review of months of supply and discards analysis.
Participate in global initiatives related to inventory.
Position Qualifications:
Education Minimum Requirement:
Accounting Degree.
A minimum of 7 years of experience working in an accounting or finance role.
Required Experience and Skills:
CPA preferred.
Proven strong people management skills
Knowledge and understanding of US GAAP
Excellent interpersonal, communication, collaboration and problem-solving skills
Strong analytical skills and detail oriented
Demonstrated ability to act in a business partnership role, advising, guiding, challenging, influencing
Good knowledge of systems (e.g. SAP, Excel, PowerPoint, FCCS, BPC, Analytics)
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We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
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