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Chamberlain Group

Finance Analyst - Inventory Reporting

Posted 3 Days Ago
Hybrid
Oak Brook, IL
73K-118K Annually
Junior
Hybrid
Oak Brook, IL
73K-118K Annually
Junior
The Finance Analyst will handle inventory reporting, manage excess and obsolete inventory, forecast inventory, and enhance reporting processes using tools like SAP and Power BI.
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Chamberlain Group is a global leader in access solutions with top brands, such as LiftMaster and Chamberlain, found in millions of homes, businesses, and communities worldwide.

As a leader in the Smart Home industry, we boast one of the largest IoT install bases, with innovative products consisting of cameras, locks, card readers, garage door openers, gates and more, all powered by our MyQ digital ecosystem.

Job Summary

This role is within Chamberlain Group's Finance group. A successful incumbent is expected to (i) Provide inventory reporting, including driving consolidation and reporting of inventory positions, (ii) Responsible for excess and obsolete reporting and inventory reserve accounting for North American Operations. (iii) Complete inventory forecasting based on inputs from the integrated business planning process (IBP). and (i.v.) Continuously update our inventory reporting processes utilizing the latest tools available. This role Requires 2+years of financial support in a manufacturing organization and a minimum of a Bachelor's Degree in Accounting or Finance.

Essential Duties and Responsibilities

· Prepare timely and accurate inventory reporting, including but not limited to value, location, and turns.

· Prepare monthly excess and obsolete inventory reporting, lower of cost or market analysis and related accounting entries.

· Create monthly inventory forecast

· Assist in and annual budget in coordination with the IBP process

· Review inventory accounts and other manual accounts and complete the corresponding reconciliation accounts monthly.

· Provide value-added analytical reporting, including ad hoc requests, to support sales and operations planning.

· Identify efficiencies and inventory reduction opportunities.

· Identify and implement process improvements to reduce finance business process cycle times, improve financial forecast quality using latest SAP/BI/BPC and other tools.

· Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams.

· Protect Chamberlain Group’s reputation by keeping information confidential.

· Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies.

· Contribute to the team effort by accomplishing related results and participating on projects as needed.

Minimum Qualifications

Education/Certifications:

· Bachelor’s Degree in Accounting or Finance

Experience:

· 2+ years of financial support in a manufacturing organization

Knowledge, Skills, and Abilities:

· Working knowledge using ERP Financial Systems (e.g. SAP) and data analysis

· Ability to work and manage relationships in a matrix, manufacturing environment

· Power BI

Other:

· This is a hybrid role, offering three days onsite at our headquarters in Oakbrook, IL and two days remote.

·5% travel in North America

Preferred Qualifications

Experience:

· Financial forecast development experience, experience developing and presenting financial data in Microsoft Excel

Knowledge, Skills, and Abilities:

· SAP Experience

· BPC

Other:

· Fluent in English and Spanish

The pay range for this position is $73,000- $117,850; base pay offered may vary depending on a number of factors including, but not limited to, the position offered, location, education, training, and/or experience.  In addition to base pay, also offered is a comprehensive benefits package and 401k contribution (all benefits are subject to eligibility requirements).  This position is eligible for

participation in a short-term incentive plan subject to the terms of the

applicable plans and policies.

#LI-Hybrid

#LI-JS1

Chamberlain Group wants all of its employees to succeed and encourages people of all backgrounds to apply. We’re proud to be an Equal Opportunity Employer, and you’ll be considered for this role regardless of race, color, religion, sex, national origin, age, sexual orientation, ancestry; marital, disabled or veteran status. We’re committed to fostering an environment where people of all lived experiences feel welcome.  

 

Persons with disabilities who anticipate needing accommodations for any part of the application process may contact, in confidence [email protected].

NOTE: Staffing agencies, headhunters, recruiters, and/or placement agencies, please do not contact our hiring managers directly.

Top Skills

Excel
Power BI
SAP
HQ

Chamberlain Group Oak Brook, Illinois, USA Office

Chamberlain Group Global HQ Office

Our headquarters is located in the Chicagoland area. Oak Brook is home to many global company headquarters that offers great restaurants, world-class shopping and hotels. Our office is set in a peaceful, natural space that offers a walking path to enjoy the outdoors.

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