Inventory Controller Job Description
Inventory controller
provides advice and action on implementing generally accepted accounting principles to ensure that the University’s financial systems and practices meet requirements for unqualified audits.
Inventory Controller Duties & Responsibilities
To write an effective inventory controller job description, begin by listing detailed duties, responsibilities and expectations. We have included inventory controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Review and approve cost of sales monthly journals, recharges and reports
Partnering with EMEIA allocation team to ensure stock returns to HUB from JV’s are analysed and fully processed in SAP and shipment documentation is raised in a timely manner
Prepare inventory and cost of sales budgets and forecast at entity level based on overall group finance budgets and forecasts
Sales Audits - Provide an analysis of daily sales transactions, proceeding to correct any discrepancies relating to receipts
Receive invoices
Bi-annual stock take, etc
Return to vendor organization
Helping store managers with daily requests (mailing, sell thrus, trunk shows, )and stock controllers (areas of pride, cycle counts, accessories books, sunglasses flow, packaging orders, etc )
Store Training
Maintaining Repairs file from all stores
Inventory Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Inventory Controller
List any licenses or certifications required by the position: APICS, NORM
Education for Inventory Controller
Typically a job would require a certain level of education.
Employers hiring for the inventory controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and High School Degree in Business, Engineering, Accounting, Education, Business/Administration, Supply Chain Management, Finance, Management, Associates, Economics
Skills for Inventory Controller
Desired skills for inventory controller include:
Products
SAP
Excel
Cost
Inventory accounting principles
Administrative and clerical procedures and systems
Company SMS
Completions
ERP systems
Fulfillment center Operational practices
Desired experience for inventory controller includes:
Ability to work under pressure and handle multiple overlapping delivery schedules
Relevant Third Level qualification in a Supply Chain/logistics Discipline eg
You will receive an attractive compensation package, life assurance, income protection and critical illness
Be willing to learn, improve and adapt
Alignment and documentation of returns procedures throughout all all BV warehouses (ZRET vs
Bachelor’s degree from an accredited university or college (or a high school diploma/GED with at least 4 years of experience in materials role)
Inventory Controller Examples
1
Inventory Controller Job Description
Job Description Example
Our company is growing rapidly and is hiring for an inventory controller. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for inventory controller
- Confidence to liaise at all levels
- Be the kind of person who can spot a potential issue
- Review inventory adjustment requests from sites and Central Warehouse and post approved inventory adjustment requests in ERP system
- Schedule cycle counts for sites and Central Warehouse
- Meet Inventory Reporting requirements at local, regional and global levels
- Participates in inventory audits and cycle counts as required
- Receiving and processing materials inventory management (cycle count and physical inventory, etc)
- Assist in the planning, scheduling and and monitoring of movement of materials through entire Production cycle for Production at Menlo Park coordination of materials for contract Manufacturers
- You’ll receive an attractive compensation package, life assurance, income protection, critical illness and sickness insurance
- Serve as a power user for OBIE and/or other information technologies used to meet segment and site inventory information needs and objectives
Qualifications for inventory controller
- College or university diploma in economics, finance
- Strong analytical skills, hands-on attitude, accurate working approach
- Presentation and good communication skills
- Ensuring adherence to and continuous improvement of all area / shift MCRS® elements, all standard work processes, including K-LEAN
- Fluency in English and French is a must
- Advanced MS Exel and MS Access experience is preferred
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Inventory Controller Job Description
Job Description Example
Our company is growing rapidly and is looking for an inventory controller. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for inventory controller
- Monitor all company change forms, checking for implication to Service business
- Collect Sales forecasts prepared by Marketing dpt
- Provide administrative support to the Inventory and Requisition Control Team
- Assist with Demand Planning for Extended Docking Work Periods (EDWP) and other projects
- Analyze stock holdings in Babcock’s inventory/enterprise control system locations to ensure material will be available for required production dates
- Assist with the input and extraction of information from Material Requirement Planning (MRP) systems
- Assist with the validation of all material requirements including arisings to ensure the appropriate action is taken to obtain material
- Assist with timely acquisition of Government Supplied Material (GSM) to include expediting in accordance with the priorities set by the production schedule
- Support the Procurement team inquiries to validate material requirements
- Additional on-site training will be provided as required
Qualifications for inventory controller
- Degree in Supply Chain Management, Business or Finance
- APICS CPIM qualification preferred
- Previous experience in forecasting and demand planning will be ideal
- An understanding of production data would be advantageous
- The ideal background will include accounting, internal controls, supply chain and inventory planning experience with a minimum of 8 years’ experience within the manufacturing and /or distribution industry
- Inventory management experience with valuation more than $700m
3
Inventory Controller Job Description
Job Description Example
Our innovative and growing company is hiring for an inventory controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for inventory controller
- Execute and transact daily cycle count requirements for production and stockroom inventory
- Investigate Receiving discrepancies – incorrect receipts, production requisition discrepancies, – and report findings to department Team Leader
- Run, review and report the expired stock report looking 1-2months ahead and adjusting Oracle as required
- Maintaining and actioning forms to transact stock adjustments, price changes, transfers, in Oracle system
- Identify and resolve all vendor invoice/purchase order discrepancies prior to the final invoice processing
- Reconcile daily cash sale transaction payments, prepare the bank deposit, process checks for deposit, and prepare and submit required deposit paperwork
- Assist team members in servicing customers including answering incoming calls, faxing, filing and photocopying
- Oversee preparation and consolidation of month-end Inventory reporting
- Preparation of Stock Provision summary which is to be shared with the wider group
- Provide comprehensive analysis on Stock and give explanation where necessary on significant fluctuations
Qualifications for inventory controller
- Proficient in large, automated financial systems such as Oracle, Hyperion Financial management ESSBASE
- Demonstrated expertise with Supply Chain financial modeling
- Excellent written and verbal communication skills, including presentation skills and the ability to communicate and influence at all levels within the organizations
- Inventory analyst with distribution based organization
- Must be physically able to climb stairs & able to lift up to 50 pounds
- Must be able to perform extensive walking throughout facility & tolerate long periods of standing
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Inventory Controller Job Description
Job Description Example
Our company is searching for experienced candidates for the position of inventory controller. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for inventory controller
- Collect and maintain market intelligence on available Parts Manufacturer Approval (PMA) suppliers and initiate PMA development to achieve cost reduction and/or better availability of parts
- Calculate inventory obsolescence provision by category/season and justify why different rates are applied to different categories
- Coordinate inventory provision calculation with regional leads
- Responsible for running an effective and sustainable Inventory accounting team which has the capability to deliver the agreed services now and in the future
- Managing the various internal/external stakeholders and accompanying change management programmes to oversee successful service delivery
- Prepare stock loss rates for both MAP and OC for EMEIA Retail business and Supply Chain
- Support when necessary establishing the business case for consolidating, upgrading or implementing new Inventory systems
- Review and approve inventory monthly journals, recharges, balance sheet reconciliations and reports
- Coordinate relevant third party relationships
- Oversee and coordinate shrinkage reporting for EMEIA retail stores
Qualifications for inventory controller
- Inventory control areas can require but are not limited to hearing protection, safety glasses, steel toe shoes/boots, and leather/Dynema gloves
- Monitor and maintain the integrity of accounting data
- Manage inventory close process and procedures
- Detailed analysis of inventory balances and related reserves
- Monthly analysis of inventory costs
- Monitor the effectiveness and efficiency of the internal control environment for end-to-end inventory processes (initiate, approve, process, record, report)
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Inventory Controller Job Description
Job Description Example
Our company is searching for experienced candidates for the position of inventory controller. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for inventory controller
- Understand perpetual inventory (PI) movements
- Responsible for overseeing and coordinating stock take third party liaison for EMEIA business
- Preparation of Procurement Schedules for Budget & Forecasting purposes for all EMEIA Retail legal entities and Supply Chain as per Group Finance Guidance
- Tracks backorders and finds appropriate substitute items as necessary
- Oversee and manage daily due out report for NJ whse
- Support improvement and process changes to close gap of audit findings
- Verify and close Job Orders for Machine Shop and Assembly
- Lead and conduct cycle count, manage, and maintain parts inventory, processing inventory adjustments for Houston and District
- Document the cycle counting process
- Establish frequency of cycle counts for A, B, and C Inventory classifications
Qualifications for inventory controller
- Identify, recommend and implement process improvements to support improved controls and simpler accounting
- Support with the internal and external audits
- Participate in companywide projects in support of the company goals and objectives
- Analyze inventory positions relative to current run-rate and projected sell thru rates
- Demonstrated experience, managing complex accounting & control processes in a matrix environment
- 10-12 year experience in accounting and financial analysis