Inventory Analyst (GSC Philippines)

3M; United States; Remote; USD 65,000 - 85,000; Full time

Job summary

A global technology company is seeking an experienced Inventory Analyst to provide accounting services across subsidiaries. You will ensure compliance with financial standards while supporting the transition to ERP systems. This role requires a strong background in accounting, particularly in inventory, and knowledge of SAP. Ideal candidates will have over three years of relevant experience and be fluent in English.

Qualifications

• Minimum 3 years experience in Finance and Accounting.
• Inventory accounting experience required – minimum 3 years.
• Fluent in English is essential.

Responsibilities

• Provide inventory accounting services for subsidiaries.
• Ensure compliance to 3M Financial Standards and regulations.
• Responsible for preparation of manual journal entries.

Skills

Flexible for new assignments

Cross functional and cultural communication

Detail oriented

Client service and quality oriented

Team oriented

Working knowledge of Microsoft Excel

Education

Accounting degree

CPA or equivalent qualification

Tools

SAP

Legacy system knowledge

Microsoft Excel

Job description

Overview

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 transition period. This position will work as a liaison with countries and be 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 team.

Inventory Analyst responsibilities

• 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 transition period
• Ensure compliance to 3M Financial Standard, SOX and other regulations
• Responsible for preparation of manual journal entries
• Responsible for timely balance sheet account reconciliation
• Details of monthly activities include, but are not limited to; lead inventory closing operation for the subsidiaries and support system operation. Keep legacy system inventory ledger to be compliant with 3M standard.
• Details of weekly activities include, but are not limited to; run soft closing and analyze & report variance information
• Details of daily activities include, but are not limited to; update unit cost in the system, run costing for new material number 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 year experience
• Inventory accounting experience is required – Minimum 3 years of experience. Knowledge for 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 assignment and willingness to learn. e.g., Ability to learn legacy system (AS/400, PeopleSoft, etc.)
• Cross functional and cultural communication skill
• 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

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