Inventory Control Specialist

FTAI Aviation Ltd.; Montreal; On-site; CAD 55,000 - 75,000; Full time

Benefits offered by this job

Competitive compensation

Vacation, personal days, holidays

Comprehensive medical, dental, and vis

Wellness Spending Account

EFAP with counselling

Medical travel insurance

Onsite fitness facilities

RRSP with company matching

Job summary

FTAI Aviation Ltd. in Montreal is seeking an Inventory Control Specialist to maintain accuracy and traceability of inventory across local stockrooms and locations.

You will execute cycle counts, reconcile records, and investigate discrepancies within aviation and CFM56 MRO contexts. You will collaborate with Materials, Operations, Quality, and Supply Chain teams to ensure proper receiving, storage, transfers, and issuance, while upholding internal controls and documenting root causes for

Qualifications

• 2+ years in inventory control or related field.
• Experience with cycle counting and inventory reconciliation.
• Experience with aviation, aerospace, MRO, or aircraft parts.

Responsibilities

• Execute routine cycle counts across local stockrooms.
• Reconcile physical quantities to system balances.
• Investigate variances, shortages, overages, and misplaced material to determine root cause.
• Trace inventory through receiving, inspection, storage, transfers, and issuance to locate discrepancies.
• Conduct recounts and transaction reviews to resolve variances.
• Identify patterns of inventory loss and recommend corrective actions.
• Ensure adjustments are properly supported and documented.
• Monitor inventory accuracy metrics and suggest process improvements.
• Support inventory control for CFM56 modules, components, and accessories.
• Coordinate with other teams to clear quarantined material.

Skills

Cycle counting

Inventory reconciliation

Attention to detail

Discrepancy investigation

Aviation/MRO experience

Serialized/high-value inventory

Excel

Cross-functional collaboration

Tools

Quantum Control

ERP system

Job description

Location: Montreal, Quebec

ABOUT FTAI AVIATION LTD. (NASDAQ: FTAI)

FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI’s propriety portfolio of products, including the Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

FTAI operates globally and has offices in New York, Miami, Montréal, Singapore. Dubai, United Kingdom and Ireland.

JOB OVERVIEW

The Inventory Control Specialist is responsible for maintaining the accuracy, integrity, and traceability of inventory across FTAI’s local stockrooms and operating locations. This role focuses on executing and managing cycle count activities, reconciling physical inventory to system records, and conducting detailed investigations to identify and resolve inventory discrepancies.

The Inventory Control Specialist works closely with Materials, Operations, Quality, Supply Chain, and local stockroom personnel to ensure inventory is properly received, stored, transferred, issued, and accounted for throughout the inventory lifecycle. The role requires a understanding of inventory control principles and the unique traceability, documentation, and configuration requirements associated with aviation and CFM56 engine maintenance, repair, and overhaul (MRO) operations.

The position serves as a key point of contact for local inventory discrepancies and is responsible for identifying root causes, documenting findings, implementing corrective actions, and escalating unresolved issues when appropriate .

Responsibilities:

• Execute and coordinate routine cycle counts across local FTAI stockrooms and inventory locations using established ABC and risk-based counting procedures.
• Maintain accurate inventory records by reconciling physical quantities to system-of-record balances.
• Investigate inventory variances, shortages, overages, misplaced material, and unexplained inventory movements to determine root cause and final disposition.
• Trace inventory through receiving, inspection, storage, transfers, kitting, issuance, repair, engine shop activity, and return-to-stock processes to determine where discrepancies occurred.
• Conduct recounts and detailed transaction reviews when discrepancies are identified and ensure variances are properly documented and resolved.
• Identify patterns of inventory loss, recurring discrepancies, process breakdowns, and control weaknesses and recommend corrective actions.
• Ensure inventory adjustments are properly supported, documented, approved, and processed in accordance with company procedures and internal controls.
• Monitor inventory accuracy metrics and identify opportunities to improve stockroom processes and inventory integrity.
• Support inventory control requirements associated with CFM56 engine modules, components, piece parts, rotables , repairables , consumables, and engine hardware.
• Maintain segregation and control of material placed on quality, technical, or inventory hold and ensure inventory is not released without appropriate authorization.
• Partner with Materials, Operations, Quality, and Supply Chain teams to identify the source of discrepancies and establish corrective actions.
• Escalate unresolved, high-value, recurring, or compliance-related discrepancies to appropriate leadership.
• Support perpetual cycle count, physical inventories and special inventory projects as required.
• Partner with stockroom, inspection and the repairs team to ensure parts continue to cycle through the process to make serviceable or sell overstocked material.
• Work with receiving inspection , supply chain , and accounting to help clear quarantined material .
• Participate in special projects and cross-functional initiatives related to inventory control, material management, and operational improvement as assigned.
• Assist in developing, maintaining, and updating inventory management processes, procedures, work instructions, and related documentation to support inventory accuracy and operational efficiency.

Qualifications:

• 2+ years of experience in inventory control, warehouse operations, materials management, or a related field.
• Experience with cycle counting and inventory reconciliation.
• Strong attention to detail and problem-solving skills.
• Ability to investigate discrepancies and track inventory transactions.
• Experience with aviation, aerospace, MRO, or aircraft engine parts is required.
• Experience with serialized or high-value inventory is preferred.
• Experience with Quantum Control or another inventory/ERP system is preferred.
• Basic to intermediate Microsoft Excel skills.
• Ability to work effectively with Materials, Operations, Quality, and Supply Chain teams.

What we offer you:

• Competitive compensation
• Time to recharge with vacation, personal days, holidays, and parental leaves
• Comprehensive Family Medical, Dental and Vision coverage available on your first day of employment
• Virtual Health Care (24/7 access to medical professionals)
• A Wellness Spending Account to aid in your wellness journey
• Employee & Family Assistance Program (EFAP) which includes free face to face counselling sessions
• Medical Travel Insurance
• Onsite fitness facilities at our main office locations
• A Registered Retirement Savings Plan that includes matching company contributions on your first day of employment, that also includes access to Financial Advisors providing investment advice and comprehensive financial planning

Equal Opportunity Statement:

FTAI Aviation is an equal opportunity employer that values diversity in the workplace. We are committed to excellence in serving all customers, including people with disabilities, and we encourage feedback on the provision of these services .

Language Requirements in Quebec:

Intermediate level knowledge of English is necessary to communicate with other company locations, partners and clients located outside Quebec, and to read, interpret, and produce documentation, correspondence, and reports in English as needed.