Inventory Controller - External Vendors

Inside Lvmh; New York (NY); On-site; USD 108,000 - 127,500; Full time

Job summary

Inside Lvmh is seeking an Inventory Controller - External Vendors to oversee all virtual vendor inventory balances and transaction activity across systems and external vendor manufacturing locations, focusing on loose stone inventory for production. You will own end-to-end reconciliation, validation, and alignment with financial reporting and audit requirements.

You will drive cross-functional collaboration, monitor safety stock, and ensure control standards are met while partnering with Diamond

Qualifications

• Bachelor’s degree in Finance, Accounting, Supply Chain or related field.
• 5+ years in inventory control, audit, or finance with reconciliation experience.
• Strong analytical and problem-solving skills; cross-system processes.
• Advanced Excel; experience with ERP systems (e.g., JDE).
• Ability to partner cross-functionally with Operations, Finance, IT, Planning.

Responsibilities

• Own end-to-end visibility and control of inventory positions across vendor locations.
• Track and validate movement, ensuring traceability and integrity.
• Oversee vendor branch inventory and ad hoc counts.
• Manage vendor loss requests and adjustments per control standards.
• Escalate risks and ensure SOX and internal control compliance.

Skills

Inventory reconciliation

Cross-functional collaboration

Excel proficiency

ERP systems (JDE)

SOX/compliance knowledge

Education

Bachelor’s degree in Finance/Accounting/Supply Chain

Tools

JDE

Job description

The Inventory Controller - External Vendors is responsible for overseeing all virtual vendor inventory balances and

transaction activity across systems and external vendor manufacturing locations, with a focus on loose stone (diamond,

gemstone, pearl) inventory supplied for production. This role serves as the central control point for inventory visibility,

reconciliation, and integrity, ensuring inventory outcomes are accurate, validated, and aligned with financial reporting

and audit requirements. The Inventory Controller owns the end-to-end validation and reconciliation of inventory

positions, ensuring discrepancies are investigated, documented, and resolved to closure. By developing a comprehensive

understanding of the processes and cross-functional activities that drive inventory transactions, this role drives

collaboration and accountability to maintain inventory accuracy, minimize discrepancies and loss, and ensure sustained

audit compliance.

Key Accountabilities

Own end-to-end visibility and control of inventory positions across all virtual vendor locations, ensuring alignment between operational, system, and financial records

Track and validate inventory movement, including transfer transactions between internal systems and vendor locations, ensuring full traceability and transaction integrity

Oversee vendor branch inventory (e.g., TIFCOMP, SSTOCK), including ad hoc counts and validation activities

Manage vendor loss requests and execute inventory adjustments in compliance with control standards

Partner with Diamond & Gem Supply Planning to monitor safety stock levels and coordinate replenishment actions

Identify and elevate risks impacting inventory accuracy, discrepancies, and loss, ensuring adherence to SOX, CODC, and internal control requirements

Inventory Reconciliation, Audit & Discrepancy Closure

Own end-to-end reconciliation of inventory balances between internal systems and vendor‑reported inventory

Prepare reconciliation outputs supporting financial reporting and audit validation, ensuring results are accurate and approval‑ready

Consolidate discrepancy findings and validate inventory impacts, leveraging root cause analysis provided by the Diamond & Gemstone Operations Analysts

Troubleshoot and resolve Work Order status 94 (WO94) issues impacting inventory alignment 40%

Drive timely resolution and closure of discrepancies and develop variance explanations and adjustment recommendations for Management review

Inventory Control Enhancement & Cross‑Functional Alignment

Identify control gaps and transaction integrity risks impacting virtual vendor inventory

Translate reconciliation findings into targeted inventory control enhancements to reduce discrepancy risk and improve transaction integrity

Develop a holistic understanding of cross‑functional processes (Planning, Operations, Product Development, IT, etc.) that drive inventory transactions, ensuring control alignment across inputs

Partner cross‑functionally (Finance, IT, Planning, Operations, USGDC, PD, IDP) to embed control requirements and improve end‑to‑end transaction flow

Monitor control effectiveness and provide visibility into risks, trends, and improvement actions to Management

Required Qualifications

Bachelor’s degree (Finance, Accounting, Supply Chain, or related field)

5+ years of experience in inventory control, audit, finance, or supply chain operations, with demonstrated ownership of reconciliation and control processes

Strong experience with inventory reconciliation and discrepancy resolution; or audit support and control frameworks (e.g., SOX, CODC)

Strong analytical and problem‑solving skills, with the ability to understand complex transaction flows across systems and processes

Advanced proficiency in Excel and experience working with ERP systems (e.g., JDE or equivalent)

Demonstrated ability to partner cross‑functionally and influence stakeholders across Operations, Finance, IT, Planning, and Product teams

Strong communication skills, with the ability to connect operational details to inventory outcomes and control requirements

Preferred Qualifications

Experience supporting or leading inventory audits, cycle count programs, and variance investigations

Familiarity with stone, component, or product‑level, multi‑location inventory management in a manufacturing or supply chain environment

Exposure to process mapping or end‑to‑end workflow analysis across multiple functions

Lean / Six Sigma or continuous improvement experience

The hiring range for this position ranges from $108,000 - $127,500. The rate of pay offered will be dependent upon candidates' relevant skills and experience.