Global consumer wellness products company is seeking an experienced and strategic Supply Chain Finance Sr. Manager to lead our supply chain function at their Los Angeles, CA  headquarters. This role will oversee a team responsible for inventory reconciliations, inventory adjustments, monitoring SLOB (Slow Moving and Obsolete Inventory), variance analysis, and driving value creation initiatives within the supply chain.

Responsibilities:

• Review inventory reconciliations between our ERP system and third-party Warehouse Management Systems (WMS) to ensure accuracy and alignment.
• Oversee inventory adjustments, including write-offs, and ensure compliance with our control framework.
• Partner with the Operations team to monitor Slow Moving and Obsolete Inventory (SLOB) and recommend actions to minimize business waste.
• Analyze consumption and purchase price variances, and conduct expected vs. actual costing analysis by SKU to identify cost-saving opportunities.
• Lead Transfer Price reconciliations related to the new Liquid IV plant at Jefferson City, ensuring accurate allocation and reporting of costs.
• Conduct gross margin variance analysis to identify key drivers impacting profitability and recommend corrective actions.
• Drive value creation initiatives within the supply chain, including sourcing optimization, cost reduction strategies, and savings monitoring.
• Collaborate cross-functionally with Operations, Procurement, and Finance teams to implement process improvements and cost-saving initiatives.
• Mentor and develop a team of finance professionals to enhance their skills and capabilities in supply chain finance.

Qualifications:

• Bachelor’s degree in finance, Accounting, Supply Chain Management, or related field; MBA or advanced degree preferred.

• 7+ years of progressive experience in finance, with at least 3 years in a supply chain finance or related role.
• Strong understanding of inventory management, cost accounting principles, and supply chain operations.
• Experience in reviewing and analyzing inventory data, including reconciliations and variance analysis.
• Advanced proficiency in ERP systems (preferably Microsoft D365) and MS Excel for data analysis and reporting.
• Excellent analytical and problem-solving skills with a focus on continuous improvement and value creation.
• Proven leadership abilities with experience managing and developing a team.
• Strategic thinker with the ability to translate financial insights into actionable business recommendations.
• Strong communication and interpersonal skills to collaborate effectively across functions and levels of the organization.

 

Posted On: Sunday, October 20, 2024
Compensation: $140K-$160K Base+10-15% Bonus