Inventory & Cost Analyst

INNIO Group; Waukesha (WI); On-site; USD 65,000 - 90,000; Full time

Job summary

INNIO Group is seeking an Inventory & Cost Analyst to support the Operations Finance team with emphasis on inventory accounting, cost analysis, and standard costing. You will manage reporting, budgeting, and forecasting, collaborating with Finance, Operations, and Product Management to drive transparency and strong financial controls.

This role offers a path to establish processes at a new location during a growth phase, with opportunities to influence inventory and cost decisions across the

Qualifications

• Bachelor's degree in Finance, Accounting, Controlling, or related field.
• 3-5 years of experience in finance, controlling, cost accounting, or inventory accounting.
• Strong understanding of accounting concepts, inventory processes, and manufacturing finance.
• Experience with standard costing, budgeting, forecasting, and variance analysis.
• Good ERP system knowledge; Oracle or other ERP experience is an advantage.
• Strong Excel skills and confidence with large data sets; BI skills are a plus.
• Structured, analytical, and hands-on approach with attention to detail.
• Strong communication skills and cross-functional collaboration.

Responsibilities

• Perform monthly inventory accounting activities and reconciliations.
• Prepare inventory accruals and adjustments (inbound freight, goods in transit, obsolescence reserves).
• Own standard cost processes, updates, roll-ups, and ERP system changes.
• Coordinate physical inventory counts and follow-up.
• Review inventory balances and produce regular reports and analyses.
• Support cost of quality tracking, budgeting, and forecasting.
• Conduct WIP closing and variance analysis; assist with non-standard cost adjustments.
• Ensure strong financial controls and compliance with accounting policies.

Skills

Inventory accounting

Cost analysis

Budgeting

Excel

Data analysis

Education

Bachelor's degree

Tools

Oracle ERP

Job description

About INNIO Group

INNIO Group is a global distributed energy solutions provider that delivers reliable, flexible, transient, decentralized, modular and efficient power. With a track record of innovation, INNIO designs, manufactures and services high‑performance power systems under its Jenbacher and Waukesha brands. The company delivers power for applications including data centers, microgrids, grid stabilization, industrial energy and gas compression.

About INNIO Group

INNIO operates a global installed base across approximately 100 countries as of December 31, 2025, supported by a resilient, high‑margin services business that delivers long‑term, recurring revenues across the full equipment lifecycle. As electricity demand accelerates—driven by AI, electrification and grid constraints—INNIO enables scalable, behind‑the‑meter power generation with high efficiency, fast start capability, strong transient performance and fuel flexibility, including hydrogen‑ready solutions. INNIO employs over 5,000 people worldwide and is committed to moving energy forward.

The Inventory & Cost Analyst

will support the Operations Finance organization with a strong focus on inventory accounting, cost analysis, standard costing, reporting, and planning activities. You will own and execute key finance processes related to inventory and manufacturing costs, ensure accurate financial reporting, and provide analytical support for budgeting, forecasting, and operational decision‑making. You will work closely with business partners across Finance, Operations, and Product Management to improve transparency, maintain strong financial controls, and support the business with relevant insights on inventory and cost. This is a unique opportunity to join a new location during a period of growth and take an active role in establishing processes, supporting operations, and influencing how the business evolves.

Responsibilities

• Perform and coordinate monthly inventory accounting activities, including account reconciliations, subledger closing and related entries
• Prepare and review inventory‑related accruals and adjustments, covering areas such as inbound freight, goods in transit, inventory revaluations, obsolescence reserves
• Own and maintain standard cost related processes, including ongoing standard cost updates, roll‑ups, and updates in the ERP system
• Support and coordinate physical inventory count processes and related financial follow‑up
• Review inventory balances and prepare regular reporting, including units on hand reporting and other inventory‑related analyses
• Support cost of quality tracking, reporting, budgeting, and forecasting activities
• Perform WIP job closing and variance analysis and support non‑standard cost adjustments as required
• Ensure strong financial controls and compliance with accounting policies, internal guidelines, and reporting requirements
• Partner with stakeholders across Finance and Operations to identify improvement opportunities and support business decisions with clear financial analysis

Qualifications / Requirements

• Bachelor’s degree in Finance, Accounting, Controlling, Business Administration, or a related field
• 3-5 years of experience in finance, controlling, cost accounting, or inventory accounting
• Strong understanding of accounting concepts, inventory processes, and manufacturing finance
• Experience with standard costing, budgeting, forecasting, and variance analysis
• Good ERP system knowledge; Oracle or other ERP experience is an advantage
• Strong Excel skills and confidence working with large data sets; BI skills are a plus
• Structured, analytical, and hands‑on working style with strong attention to detail
• Strong communication skills and ability to work effectively with cross‑functional stakeholders
• Visa Sponsorship: This role is not eligible for visa sponsorship now or in the foreseeable future.