RTR Senior Analyst managing inventory valuation processes at 3M. Collaborating with diverse teams to ensure compliance with accounting principles and company policies for inventory.
Responsibilities
Coordinating and planning of the inventory valuation processes in accordance with generally accepted accounting principles and company policies for inventory and financial statement reporting
Supporting large-size and high complexity countries (under SOX control) focusing mainly on manufacturing sites but also sales subsidiaries (CMSO) or combination of both within the same country
Assisting in the establishment, monitoring and enforcement of inventory control procedures including SOX compliance
Participating in timely and accurate month-end close (inventory ledgers) activities in accordance with GAAP and corporate Policy, with emphasis on product costs and inventory valuation, including journal entry preparation and inventory account balance verification
Preparing and analyzing monthly COGS and margins, account reconciliations
Requirements
3-4 years of experience in Controlling/Product Costing/Inventory Accounting
Bachelor's degree or higher from an accredited institution (Finance/Accounting)
P&L and Margin analysis experience is required
Very good knowledge of ERP systems (preferably SAP) and Excel
Proficiency in English (speaking and writing)
High standard of verbal and written communication skills in English
Strong ability to prioritize and manage high workload
'Out of the box' thinking and continuous improvement attitude
Excellent analytical skills and the ability to collaborate with a multi-department team
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