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Inventory and Costing Analyst

Company: Olon Industries Inc
Location: Lexington
Posted on: January 16, 2022

Job Description:

Purpose: The main function of the Inventory and Costing Analyst is to maintain the MRP system's inventory accuracy by tracking ledger entries, WIP, scrap, and substitutions. This role works closely with upper management, production, and sales teams and assists in a variety of ways by providing reports on inventory and costing. The analyst will also use analytical skills to provide insight of current processes and assist with new initiatives focused on improving the Lexington plant's inventory. Responsibilities: Create and process travelers, consumption and output journals Create, analyze, and provide inventory and costing reports Coordinate annual physical inventory count as well as daily cycle counts Maintain accurate inventory information in Navision including but not limited to, bill of materials, standards costing, item numbers, and identifications Review general ledger for unusual manufacturing variances, purchase price variances, inventory adjustments, and freight charges and communicate appropriate course of action with upper management Run end-of-day reports and assist in month-end closing for the NC plant Create and analyze other various KPI's affecting profitability Make necessary adjustments to correct negative inventory, traveler errors, shipping errors, or any other issues that may affect inventory accuracy Any other duties as required Skills/Experience: 3-5 experience in manufacturing environment in an inventory or accounting related function Understanding of basic accounting and manufacturing principles Knowledge of costing and inventory control principles Post-Secondary education in Accounting or a related field would be a strong asset Previous experience within the woodworking industry with regards to terminology a helpful asset Excellent computer skills including knowledge of VLOOKUP, IFERROR, and other logical and mathematical functions in Microsoft Excel Previous experience working with MRP system, Navision is an asset Excellent organization, problem-solving, communication (oral and written), and leadership skills This position will require time on the production floor getting firsthand experience of how each department runs and finding out why there are certain inventory discrepancies. Employment Type: Full Time Years Experience: 3 - 5 years Salary: $60,000 - $65,000 Annual Bonus/Commission: No

Keywords: Olon Industries Inc, Winston-Salem , Inventory and Costing Analyst, Professions , Lexington, North Carolina

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