Finance Analyst - Inventory Reporting
Chamberlain GroupAbout the role
Chamberlain Group is a global leader in access solutions with top brands, such as LiftMaster and Chamberlain, found in millions of homes, businesses, and communities worldwide.
As a leader in the Smart Home industry, we boast one of the largest IoT install bases, with innovative products consisting of cameras, locks, card readers, garage door openers, gates and more, all powered by our MyQ digital ecosystem.
Job Summary
This role is within Chamberlain Group's Finance group. A successful incumbent is expected to (i) Provide inventory reporting, including driving consolidation and reporting of inventory positions, (ii) Responsible for excess and obsolete reporting and inventory reserve accounting for North American Operations. (iii) Complete inventory forecasting based on inputs from the integrated business planning process (IBP). and (i.v.) Continuously update our inventory reporting processes utilizing the latest tools available. This role Requires 2+years of financial support in a manufacturing organization and a minimum of a Bachelor's Degree in Accounting or Finance.
Essential Duties and Responsibilities
· Prepare timely and accurate inventory reporting, including but not limited to value, location, and turns.
· Prepare monthly excess and obsolete inventory reporting, lower of cost or market analysis and related accounting entries.
· Create monthly inventory forecast
· Assist in and annual budget in coordination with the IBP process
· Review inventory accounts and other manual accounts and complete the corresponding reconciliation accounts monthly.
· Provide value-added analytical reporting, including ad hoc requests, to support sales and operations planning.
· Identify efficiencies and inventory reduction opportunities.
· Identify and implement process improvements to reduce finance business process cycle times, improve financial forecast quality using latest SAP/BI/BPC and other tools.
· Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams.
· Protect Chamberlain Group’s reputation by keeping information confidential.
· Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies.
· Contribute to the team effort by accomplishing related results and participating on projects as needed.
Minimum Qualifications
Education/Certifications:
· Bachelor’s Degree in Accounting or Finance
Experience:
·0-2 years relevant work experience
Knowledge, Skills, and Abilities:
· Working knowledge using ERP Financial Systems (e.g. SAP) and data analysis
· Ability to work and manage relationships in a matrix, manufacturing environment
· Power BI
Other:
· This is a hybrid role, offering three days onsite at our headquarters in Oakbrook, IL and two days remote.
·5% travel in North America
Preferred Qualifications
Experience:
• 2+ years of financial support in a manufacturing organization • Intern experience in a financial environment is a plus
• Financial forecast development experience, experience developing and presenting financial data in Microsoft Excel
Knowledge, Skills, and Abilities:
· SAP Experience
· BPC
· Fluent in English and Spanish
The pay range for this position is $73,000- $117,850; base pay offered may vary depending on a number of factors including, but not limited to, the position offered, location, education, training, and/or experience. In addition to base pay, also offered is a comprehensive benefits package and 401k contribution (all benefits are subject to eligibility requirements). This position is eligible for
participation in a short-term incentive plan subject to the terms of the
applicable plans and policies.
Minimum Qualifications (requirements necessary to perform listed duties and responsibilities) Education/Certifications:
Bachelor’s Degree in Accounting or Finance Experience:
0-2 years relevant work experience Knowledge, Skills, and Abilities: • Working knowledge using ERP Financial Systems (e.g. SAP) and data analysis • Ability to work and manage relationships in a matrix, manufacturing environment • Power BI Other: • 5% travel in North America Preferred Qualifications
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