Inventory & Cost Analyst

Summary

A highly analytical and detail-oriented Inventory & Cost Analyst to ensure the accuracy of inventory records, support financial analysis and reporting, and manage inventory-related cost analysis. This role is focused on maintaining the integrity of inventory data for balance sheet accuracy and product cost analysis within the Finance & Accounting team. The position will involve working closely with procurement and warehouse teams to ensure inventory accuracy.

Primary Responsibilities

Inventory Management (Finance Focus):

• Inventory Accuracy: Ensure that all inventory data in the accounting and ERP systems is accurate and aligns with physical inventory levels, directly impacting financial reporting and the balance sheet.
• Financial Reconciliation: Conduct regular reconciliations of inventory balances with financial records, ensuring discrepancies are identified, investigated, and corrected in a timely manner.
• Cost of Goods Sold (COGS): Support product cost analysis by providing accurate inventory data, ensuring proper costing of materials used in production and reflecting in COGS calculations.
• Inventory Valuation: Assist in monthly and year-end inventory valuation for financial reporting and provide analysis of any inventory-related variances affecting profit margins.

Collaboration With Procurement And Warehouse:

• Coordination: Work closely with procurement and warehouse teams to understand inventory movements, stock adjustments, and production needs—ensuring that all inventory transactions are accurately reflected in the financial records.
• Process Improvement: Collaborate with both teams to identify and implement process improvements that ensure more accurate and efficient inventory tracking and adjustments from a financial perspective.
• Forecasting & Planning Support: Provide input into inventory forecasts based on financial data and support procurement and warehouse teams in aligning inventory levels with financial and operational goals.

Cost Analysis & Reporting:

• Inventory Cost Control: Analyze material costs and inventory turnover to identify cost-saving opportunities. Optimize stock levels and reduce excess inventory.
• Inventory Reporting: Prepare detailed inventory reports, highlighting trends, discrepancies, and cost implications on product pricing and profitability.
• Variance Analysis: Monitor and analyze inventory-related variances (e.g., between physical count and accounting records) and provide insights into their financial impact.

Support Financial Analysis:

• Assist in financial audits and internal reviews of inventory records, ensuring they comply with accounting principles and financial reporting standards.
• Provide ad-hoc inventory-related analysis to support business decision-making and financial planning.

Requirements:

• Bachelor’s degree in finance/accounting, Supply Chain Management, Business Administration, or a related field.
• 3-5 years of experience in inventory control or financial analysis, with a focus on inventory management for financial reporting and cost analysis, preferably in a food manufacturing environment.
• Strong understanding of accounting principles related to inventory, such as inventory valuation, COGS, and balance sheet reconciliation.
• Experience with ERP systems (e.g., Business Central, Oracle, SAP, or similar) for inventory management and financial reporting. Business Central experience is preferred.
• Advanced Excel skills with the ability to analyze and interpret complex data sets.
• Familiarity with costing methodologies and how inventory impacts product cost and profitability.
• Attention to detail with strong analytical and problem-solving skills.
• Ability to work cross-functionally and collaborate with procurement, warehouse, and finance teams.
• Familiarity with food safety regulations, quality standards, and industry best practices.
• Strong verbal and written communication skills in English.
• Ability to work independently and meet deadlines in a fast-paced environment.

WORKING CONDITIONS:

• Permanent Full-time position (40 hours per week)
• Work is performed in Vancouver (Powell Street) and Delta (Beedie Way)
• Occasional travel to Toronto may be required.

WHY WORK WITH US?

• Annual incentive plan
• Growth and advancement opportunities
• Company Events
• Life Insurance
• Vision Care/ Dental Care/Extended Health Care on completion of Probation
• Salary: $68,000.00-$75,000.00 per year

TO APPLY:

Please Email Your Resume/CV To:

Email: vancouverjobs@sunrise-soya.com

Sunrise Soya Foods Inc.

729 Powell Street, Vancouver, BC, V6A 1H5

We thank all applicants for applying however only those selected for an interview will be contacted.