Inventory Analyst

CWD; Niagara Falls; On-site; CAD 60,000 - 70,000; Full time

Benefits offered by this job

Full comprehensive benefits (dental,  

medical and eye) 80/20 split-family  

Annual professional development fund

RRSP Match

Fitness incentives

Team events

50% off on CWD brands

Relocation expense

Job summary

CWD designs, markets & sells consumer electronics that are smart, simple, and stylish. We are seeking an Inventory Analyst to join our Niagara Falls team, reporting to the Logistics Manager.

This full-time on-site role focuses on optimizing stock levels and providing financial analysis to support decision making. Responsibilities include forecasting, ERP data handling, vendor collaboration, and cost‑saving initiatives.

Qualifications

• College diploma or university degree in Business Administration, Accounting, Economics, or a related field.
• Three years of inventory management and forecasting experience.
• Two years of financial analysis experience.
• Experience extracting data from an ERP system.
• Advanced Microsoft Excel knowledge (XLOOKUP, Pivot Tables, IF Statements, Macros).
• Experience managing a large volume of data in Excel.

Responsibilities

• Forecast inventory levels using historical data, market trends, and sales projections.
• Monitor inventory turnover and adjust forecasts to optimize stock.
• Process vendor invoices and ensure payments per terms.
• Compile data from multiple sources in ERP and analyze for trends.
• Collaborate with Warehouse to coordinate flow of goods.
• Develop and maintain relationships with vendors for smooth communications.
• Resolve discrepancies between physical inventory and records.
• Recommend changes to current inventory policies and procedures.
• Analyze product viability and trends to support decision-making.
• Develop financial plans, forecasts and reports using Excel.
• Analyze gross margins by division, category and item against forecasts.
• Identify cost-reduction opportunities through process improvements.

Skills

Inventory management

Forecasting

Financial analysis

ERP data extraction

MS Office

Advanced Excel

Large data handling

Education

College diploma or university degree in Business Administration, Accounting, Economics, or a related field

Tools

NetSuite

Power BI

Job description

CWD designs, markets & sells the highest performing consumer electronics that are smart, simple, and stylish. From high fidelity turntables to wireless video connectivity systems, we create innovative products that empower people. Our success is measured in our customer satisfaction ratings and dedicated following. We have been in business since 1961 and our creations can be found in millions of homes. Together in teams, as a company, as a community, we are committed to Creating What's Different!

CWD is looking for an Inventory Analyst to join our exceptionally talented and collaborative team! Reporting to the Logistics Manager at our Niagara Falls location, the successful candidate will be responsible for managing inventory levels, analyzing trends, and developing plans to optimize stock and minimize waste. Additionally, they will be responsible for providing accurate and timely financial analysis to support decision making for the company. If you are someone that likes a challenge and are continuously striving for excellence, then this is the perfect opportunity for you!

This is a full-time permanent role working 40 hours a week on-site. Our hours of operation are 8:15am to 5:00pm Monday to Friday.

Key Responsibilities:

Inventory Management

• Utilize historical data, market trends, and sales projections to forecast inventory levels accurately
• Monitor inventory turnover rates and adjust forecasts accordingly to optimize inventory levels
• Process vendor invoices in a timely manner and ensure payments are made according to terms and agreements
• Compile data from multiple sources and utilize advanced Excel functions to analyze inventory data, generate reports, and identify trends or anomalies
• Ensure accurate and up-to-date data entry in the ERP system to facilitate efficient inventory tracking and reporting
• Collaborate with the Warehouse team to coordinate flow of goods
• Develop and maintain positive relationships with vendors to facilitate smooth communication and transactions
• Resolve discrepancies between physical and inventory and records and investigate and resolve issues with damaged or missing inventory
• Recommend changes to current inventory policies and procedures

Financial & Sales Analysis

• Conduct analysis of product viability to identify trends, recommend solutions, and support decision-making
• Develop and present financial plans, forecasts, and reports to senior management using Excel spreadsheets
• Analyze gross margins by division, category, and item and compare to what has been forecasted
• Conduct research and monitor real time trends on economic indicators such as fluctuation on foreign exchange rates and market trends
• Identify opportunities to reduce costs by recommending process improvements

Other

• Prepare and present insightful reports on inventory performance, margin analysis, and other key metrics to support decision-making
• Undertake related duties as assigned to achieve the company objectives and goals

Qualifications:

• College diploma or university degree in Business Administration, Accounting, Economics, or a related field
• Three (3) years of inventory management and forecasting experience
• Two (2) years of financial analysis experience
• Experience extracting data from an ERP system
• Experience working with freight forwarders considered an asset
• Proficiency using Microsoft Office
• Advanced Microsoft Excel knowledge (XLOOKUP, Pivot Tables, IF Statements, Macros)
• Experience managing a large volume of data in Excel
• Analytical and highly motivated self-starter
• Detail oriented problem solver
• Strong communication and interpersonal skills
• Ability to work in a fast-paced ever-changing environment

You Will Stand Out If:

• You have experience using NetSuite
• You have experience using Power BI

What We Offer

Our expected compensation range for this role is $60,000 - $70,000 annually. The salary you may receive will be determined based on the skills, experience, and qualifications you bring to the position, as well as how they align with the responsibilities and scope of the Inventory Analyst role. CWD evaluates compensation using a consistent and equitable framework to ensure fair and transparent pay practices across the organization.

• Full comprehensive benefits (dental, medical and eye) 80/20 split-family coverage
• Annual professional development fund
• RRSP Match
• Fitness incentives
• Team events
• 50% off on CWD brands
• Relocation expense

How We Hire

CWD is an equal opportunity employer and is dedicated to creating a diverse and inclusive work environment. We are committed to providing accommodations for people with disabilities throughout the recruitment process, and upon request, will work with qualified job applicants to provide suitable accommodation in a manner that takes into account the applicant’s accessibility needs due to disability. Applicants must make their accommodation needs known upon requests for interviews.

We may use artificial intelligence (AI) tools to support certain parts of the hiring process, such as reviewing applications, analyzing resumes, evaluating responses, or assisting with interview scheduling. These tools are designed to help our recruitment team and do not replace human judgment. All hiring decisions are ultimately made by our team. If you would like more information about how your personal data is processed during this process, please contact us.

CWD only extends employment offers after candidates have had the opportunity to speak directly with both the hiring manager and a member of our HR team. These discussions may take place in person or via video conference. CWD does not issue offers or request personal information through text or other informal channels. If you receive such a request, please disregard it. This policy is in place to ensure a secure and professional hiring process for all candidates.