Inventory Analyst (GSC Philippines)

㍍; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking an Inventory Analyst to provide vital accounting and costing services across multiple subsidiaries. This role offers the opportunity to work with both legacy systems and SAP during a significant transition period. You will play a key role in ensuring compliance with financial standards, preparing journal entries, and enhancing productivity through KPI improvements. If you are detail-oriented, possess strong communication skills, and thrive in a collaborative environment, this position is perfect for you. Join a company that values innovation and encourages you to apply your talents in impactful ways.

Qualifications

• Minimum 3 years experience in Finance and Accounting.
• Inventory accounting experience is required with knowledge of standard costing.

Responsibilities

• Provide inventory accounting and costing services to subsidiaries.
• Ensure compliance with financial standards and regulations.
• Lead inventory closing operations and support system operations.

Skills

Flexible for new assignments

Cross-functional communication skills

Detail-oriented

Client service mindset

Structured workload planning

Team-oriented

Microsoft Excel

Education

Accounting degree

CPA or equivalent qualification

Tools

SAP

AS/400

PeopleSoft

Job description

3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

Job Description:

Persons hired for this position will be responsible for providing Inventory accounting and costing services to 3M subsidiaries. Currently, 3M is deploying ERP (SAP) to the subsidiaries and you would be requested to work in both Legacy System and SAP countries during the transition period. This position will work as a liaison with countries and be the primary contact from our internal client. You will report to RTR Inventory Team Lead and will be liaising with relevant parties in GSC and other country finance teams.

Inventory Analyst responsibilities will include, but not be limited to the following:

• Provide inventory accounting and costing services to 3M subsidiaries for countries with Legacy System. Also, you would be requested to provide inventory accounting/costing services to SAP system countries during the transition period.
• Ensure compliance with 3M Financial Standard, SOX, and other regulations.
• Responsible for the preparation of manual journal entries.
• Responsible for timely balance sheet account reconciliation.
• Details of monthly activities will include, but not be limited to: lead inventory closing operations for the subsidiaries and support system operation. Keep legacy system inventory ledger compliant with 3M standards.
• Details of weekly activities will include, but not be limited to: run soft closing and analyze & report variance information.
• Details of daily activities will include, but not be limited to: update unit cost in the system, run costing for new material numbers, and work closely with countries for issue resolution.
• Engage in ad-hoc activities such as internal/external audit, tax audit, etc.
• Enhance KPIs to improve productivity and service quality.
• Participate in the project, e.g. accounting centralization activities from the region, etc.

Basic Qualifications:

• Accounting degree and working experience in Finance and Accounting area. Solid financial accounting and internal control knowledge are required – Minimum 3 years experience.
• Inventory accounting experience is required – Minimum 3 years of experience. Knowledge of standard costing is highly considered.
• Working knowledge of SAP – Minimum 2 years.
• Experience in Shared Service Center for multi-national corporation is preferred – 2 years of experience.
• CPA or equivalent qualification is preferred.
• Fluent in English.

Skills:

• Flexible for new assignments and willingness to learn, e.g. ability to learn legacy system (AS/400, PeopleSoft, etc).
• Cross-functional and cultural communication skills.
• Detail-oriented and enjoys working with operational processes.
• Highly client service and quality-oriented mindset.
• Structured approach to effectively and efficiently planning own workload.
• Team-oriented person.
• Working knowledge of Microsoft Excel.

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.