Inventory & Cost Analyst

Sunrise Soya Foods; Vancouver; On-site; CAD 68,000 - 75,000; Full time

Job summary

An established industry player is seeking a detail-oriented Inventory & Cost Analyst to maintain inventory accuracy and support financial analysis. This role involves collaboration with procurement and warehouse teams to ensure precise inventory records, conduct financial reconciliations, and assist in cost analysis. The ideal candidate will have a strong background in finance or accounting, with experience in inventory management, particularly in a food manufacturing setting. Join a dynamic team that values analytical skills and offers growth opportunities in a fast-paced environment.

Benefits

Annual incentive plan

Growth and advancement opportunities

Company Events

Life Insurance

Vision Care

Dental Care

Extended Health Care

Qualifications

• 3-5 years of experience in inventory control or financial analysis.
• Strong understanding of accounting principles related to inventory.
• Familiarity with food safety regulations and industry best practices.

Responsibilities

• Ensure inventory data accuracy in accounting and ERP systems.
• Conduct financial reconciliations of inventory balances.
• Analyze material costs and inventory turnover for cost-saving.

Skills

Analytical Skills

Attention to Detail

Problem-Solving Skills

Communication Skills

Collaboration

Education

Bachelor’s degree in finance/accounting

Supply Chain Management

Business Administration

Tools

ERP Systems (Business Central, Oracle, SAP)

Advanced Excel

Job description

Summary

A highly analytical and detail-oriented Inventory & Cost Analyst to ensure the accuracy of inventory records, support financial analysis and reporting, and manage inventory-related cost analysis. This role is focused on maintaining the integrity of inventory data for balance sheet accuracy and product cost analysis within the Finance & Accounting team. The position will involve working closely with procurement and warehouse teams to ensure inventory accuracy.

Primary Responsibilities

Inventory Management (Finance Focus):

• Inventory Accuracy: Ensure that all inventory data in the accounting and ERP systems is accurate and aligns with physical inventory levels, directly impacting financial reporting and the balance sheet.
• Financial Reconciliation: Conduct regular reconciliations of inventory balances with financial records, ensuring discrepancies are identified, investigated, and corrected in a timely manner.
• Cost of Goods Sold (COGS): Support product cost analysis by providing accurate inventory data, ensuring proper costing of materials used in production and reflecting in COGS calculations.
• Inventory Valuation: Assist in monthly and year-end inventory valuation for financial reporting and provide analysis of any inventory-related variances affecting profit margins.

Collaboration With Procurement And Warehouse:

• Coordination: Work closely with procurement and warehouse teams to understand inventory movements, stock adjustments, and production needs—ensuring that all inventory transactions are accurately reflected in the financial records.
• Process Improvement: Collaborate with both teams to identify and implement process improvements that ensure more accurate and efficient inventory tracking and adjustments from a financial perspective.
• Forecasting & Planning Support: Provide input into inventory forecasts based on financial data and support procurement and warehouse teams in aligning inventory levels with financial and operational goals.

Cost Analysis & Reporting:

• Inventory Cost Control: Analyze material costs and inventory turnover to identify cost-saving opportunities. Optimize stock levels and reduce excess inventory.
• Inventory Reporting: Prepare detailed inventory reports, highlighting trends, discrepancies, and cost implications on product pricing and profitability.
• Variance Analysis: Monitor and analyze inventory-related variances (e.g., between physical count and accounting records) and provide insights into their financial impact.

Support Financial Analysis:

• Assist in financial audits and internal reviews of inventory records, ensuring they comply with accounting principles and financial reporting standards.
• Provide ad-hoc inventory-related analysis to support business decision-making and financial planning.

Requirements:

• Bachelor’s degree in finance/accounting, Supply Chain Management, Business Administration, or a related field.
• 3-5 years of experience in inventory control or financial analysis, with a focus on inventory management for financial reporting and cost analysis, preferably in a food manufacturing environment.
• Strong understanding of accounting principles related to inventory, such as inventory valuation, COGS, and balance sheet reconciliation.
• Experience with ERP systems (e.g., Business Central, Oracle, SAP, or similar) for inventory management and financial reporting. Business Central experience is preferred.
• Advanced Excel skills with the ability to analyze and interpret complex data sets.
• Familiarity with costing methodologies and how inventory impacts product cost and profitability.
• Attention to detail with strong analytical and problem-solving skills.
• Ability to work cross-functionally and collaborate with procurement, warehouse, and finance teams.
• Familiarity with food safety regulations, quality standards, and industry best practices.
• Strong verbal and written communication skills in English.
• Ability to work independently and meet deadlines in a fast-paced environment.

WORKING CONDITIONS:

• Permanent Full-time position (40 hours per week)
• Work is performed in Vancouver (Powell Street) and Delta (Beedie Way)
• Occasional travel to Toronto may be required.

WHY WORK WITH US?

• Annual incentive plan
• Growth and advancement opportunities
• Company Events
• Life Insurance
• Vision Care/ Dental Care/Extended Health Care on completion of Probation
• Salary: $68,000.00-$75,000.00 per year

TO APPLY:

Please Email Your Resume/CV To:

Email: [e-mail]

Sunrise Soya Foods Inc.

729 Powell Street, Vancouver, BC, V6A 1H5

We thank all applicants for applying however only those selected for an interview will be contacted.