Asurion
Finance
Sr.Analyst,InventoryAccounting
Neural analysis suggests this role is
optimal for Senior candidates.
“Sr. Analyst, Inventory Accounting at Asurion. Skills: Inventory Accounting, Cost Accounting, SOX compliance. Ensure inventory costs are properly accounted for. Ensure inventory management controls are consistently complied with”
What You'll Achieve.
Ensure inventory costs are properly accounted for; Ensure inventory management controls are consistently complied with; Timely assess and manage inventory related risks; Attain inventory management metrics and goals; Provide key inputs to the FP&A team for KPI reports/forecast, cost analysis and AOP process; Ensure accuracy of revenue and cost account postings; Ensure proper roll-up to the Profit and Loss report; Drive continuous improvement initiatives and project implementations to create/enhance a broader depth and range of analytical and business support capability; Comply with SOX audit requirements by driving adherence to identified controls
Industry & Context.
Data Mining for Effective Decisions; Assess inventory exposures; Prepare necessary reserves; Update reserve calculation assumption; Analysis of process constraints; Margin and cost analysis; Check accuracy of revenue and cost account postings; Proper roll-up to the Profit and Loss report; Provide key insights on inventory movements; Raising concerns on inventory level risks; Recommending counteractions; Drive continuous improvement initiatives
What They're Looking For.
Must Have
5 to 7+ years overall experience in Finance and Accounting with background on Inventory and Costing, Experience in the wireless, high tech, manufacturing, or insurance industry, Degree in Accounting or any related Business/Finance Course
Nice to Have
CPA, Cost Accounting, Financial Systems Understanding, Finance Audit, General Accounting, Account Reconciliation
What You'll Do.
Ensure inventory costs are properly accounted for
Ensure inventory management controls are consistently complied with
Timely assess and manage inventory related risks
Partner with key stakeholders to attain inventory management metrics and goals
Act as the main contact person for DAX system set-up
inventory and costing related concerns
Aid in the development of informational and reporting tools
Provide financial and business support to management
operations & other internal customers
Provide key inputs to the FP&A team for KPI reports/forecast
cost analysis and AOP process
Participate on month-end closing activities assisting the team on cost allocation and analysis
Review & analysis of inventory related transactions and reconciliations
Posting of journal entries
Sending out of reports to intended recipients within agreed timeline
Work with department owners to assess inventory exposures and prepare necessary reserves
Constantly update reserve calculation assumption on a regular basis
Ongoing analysis of process constraints
margin and cost analysis
Check accuracy of revenue and cost account postings as well as the proper roll-up to the Profit and Loss report
Lead the team on Balance Sheet reviews by providing key insights on inventory movements
raising concerns on inventory level risks and recommending counteractions
Participate on P&L management review focusing on Revenue and COGS accounts
Drive continuous improvement initiatives and project implementations to create/enhance a broader depth and range of analytical and business support capability
Act as Super-user in DAX inventory accounting system
Comply with SOX audit requirements by driving adherence to identified controls
Constantly review processes to assess any changes on both key and non-key controls
Lead preparation and updating of SOX related documentation
Liaise with auditors on inventory
cost allocation and L&OH related matters
Support ASC management on ad hoc requests
How You'll Work.
Team & Collaboration
Partner with key stakeholders to attain inventory management metrics and goals; Provide financial and business support to management, operations & other internal customers; Provide key inputs to the FP&A team; Work with department owners to assess inventory exposures; Lead the team on Balance Sheet reviews; Liaise with auditors
Communication Scope
Effective Communication/Presentation
Process & Methodology
Drive continuous improvement initiatives and project implementations
Full Job Description
The Sr. Analyst, Inventory Accounting ensures inventory costs are properly accounted for, inventory management controls are consistently complied with and risks associated are timely assessed and managed. This post will partner with key stakeholders to attain inventory management metrics and goals. The role will extend support to US. * Act as the main contact person for DAX system set-up, inventory and costing related concerns. Aid in the development of informational and reporting tools, provide financial and business support to management, operations & other internal customers. * Provide key inputs to the FP&A team for KPI reports/forecast, cost analysis and AOP process * Participate on month-end closing activities assisting the team on cost allocation and analysis. Scope also includes: review & analysis of inventory related transactions and reconciliations, posting of journal entries as well as sending out of reports to intended recipients within agreed timeline. * Work with department owners to assess inventory exposures and prepare necessary reserves. Constantly update reserve calculation assumption on a regular basis. * Accountable for the ongoing analysis of process constraints, margin and cost analysis. Check accuracy of revenue and cost account postings as well as the proper roll-up to the Profit and Loss report. * Lead the team on Balance Sheet reviews by providing key insights on inventory movements, raising concerns on inventory level risks and recommending counteractions * Participate on P&L management review focusing on Revenue and COGS accounts. * Drive continuous improvement initiatives and project implementations to create/enhance a broader depth and range of analytical and business support capability * Act as Super-user in DAX inventory accounting system * Comply with SOX audit requirements by driving adherence to identified controls. Constantly review processes to assess any changes on both key and non-key controls. Lead preparation and updating of
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