Jobs · Finance · Michigan

Senior Analyst, Global Cost and Inventory

Inteva Products · Troy, MI · 2 wk ago
FinanceFull-time

About the role

Lead and maintain the global standard costing framework in PLEX, ensuring consistent application and providing strategic guidance to the organization. Oversee the accuracy, integrity, and alignment of global cost standards, leveraging analytical reviews to identify and resolve discrepancies. Ensure proper product part setup, configuration, and data governance within the PLEX system, applying detailed review and validation of costing attributes.

Develop, document, and continuously enhance global standard operating procedures and desktop work instructions, driving efficiency and harmonization across regions. Direct global cost and inventory initiatives, providing analytical insight and leadership on cross-functional projects.

Oversee monthly global Cost of Goods Sold (COGS) calculations, ensuring timely, accurate journal entries and comprehensive review of variances and trends. Ensure proper accounting treatment for COGS and inventory across all global entities, including validation of system interfaces and alignment with the general ledger. Lead the quarterly global excess and obsolete review process, analyzing inventory health and proactively identifying risk areas.

Assist in the preparation and review of internal and external management reporting for U.S., Mexico, and other global locations, ensuring accuracy and adherence to reporting deadlines. Conduct monthly analytical reviews of global inventory sub-ledgers and assigned general ledger accounts, identifying trends, anomalies, and opportunities for improvement. Perform deep-dive trend and variance analysis on inventory balances, obsolescence reserves, and write-offs, providing strategic insights to senior leadership.

Lead and coordinate the global annual standard cost update process in support of the annual budget cycle, ensuring alignment with corporate financial objectives. Direct global finance activities related to annual physical inventories, including planning, execution, and post-inventory analysis. Manage audit requests related to the annual financial statement audit and the quarterly bank audits, including coordination of cycle count observations and supporting documentation.

Review global inventory processes to identify improvement opportunities and implement enhancements to financial reporting and cost accounting systems. Maintain and evaluate internal controls related to product costing, inventory management, system processing, and general ledger reconciliation across global operations. Serve as a Business Process Owner (BPO) team member to share and receive updates regarding current activities and cross-functional impact/support needed.

This role requires a hybrid office schedule with a minimum of 3 days per week in the office to support team collaboration, problem-solving, and employee development.

Responsibilities

  • Lead and maintain the global standard costing framework in PLEX, ensuring consistent application and strategic guidance.
  • Oversee accuracy, integrity, and alignment of global cost standards through analytical reviews.
  • Ensure proper product part setup, configuration, and data governance in PLEX with detailed costing attribute validation.
  • Develop, document, and enhance global standard operating procedures and work instructions.
  • Direct global cost and inventory initiatives, providing analytical insight on cross-functional projects.
  • Oversee monthly global COGS calculations, journal entries, and variance/trend reviews.
  • Ensure proper accounting treatment for COGS and inventory across global entities.
  • Lead quarterly global excess and obsolete review process, analyzing inventory health.
  • Assist in internal/external management reporting for U.S., Mexico, and other locations.
  • Conduct monthly analytical reviews of global inventory sub-ledgers and general ledger accounts.
  • Perform trend and variance analysis on inventory balances, obsolescence reserves, and write-offs.
  • Lead global annual standard cost update process for the annual budget cycle.
  • Direct global finance activities for annual physical inventories, including planning and analysis.
  • Manage audit requests for financial statement and bank audits, including cycle count coordination.
  • Review global inventory processes to identify improvement opportunities.
  • Maintain and evaluate internal controls for product costing, inventory, and general ledger reconciliation.
  • Serve as a Business Process Owner (BPO) team member for cross-functional updates.

Requirements

  • Minimum 3-5 years of accounting experience, preferably at least 3 years in inventory or cost analysis.
  • Demonstrated high level of interpersonal skills to work effectively with others.
  • Strong technology abilities, including Microsoft Excel and database applications.
  • Good organizational and communication skills.
  • Self-motivated with a drive for continuous improvement.
  • Advanced analytical and problem-solving skills.

About the Organization

Inteva Products is a leading global automotive supplier providing innovative, reliable, environmentally friendly products that enhance vehicle quality, safety, and performance. The company offers global resources for design, engineering, manufacturing, and customer service for Interiors, Latches, Door Systems, Motors & Electronics, Overhead Systems, and Hard Trim.

Formed in 2008, Inteva is focused on achieving sustained global growth, providing excellent customer service, and driving innovation. The company employs 12,000 people in over 35 sites and maintains its World Headquarters in Troy, Michigan, USA.

Schedule

Hybrid office schedule with a minimum of 3 days per week in the office.

Similar jobs