Job Information
IDEX Manager - Product Cost and Inventory Control (Hybrid) in Rutherford, New Jersey
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.
The Product Cost and Inventory Control Manager is responsible for overseeing and managing all aspects of product cost and inventory control across 5 Airtech business sites. This includes analyzing cost data, monitoring inventory levels, and implementing strategies to optimize profitability and efficiency.
ESSENTIAL DUTIES AND RESPONSIBILITIES
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
Participate in the month-end close, including preparation of inventory journal entries and account reconciliations.
Collaborate with FP&A Manager for the monthly forecasts and annual planning process in terms of standard cost setting and understanding the cost trends.
Perform monthly cost variance analysis of standard to actual production cost.
Perform periodic review of bills of material to ensure accurate product costing.
Lead annual physical inventory count.
Assist operations to achieve and maintain close to 100% accuracy in cycle count program.
Monitor inventory levels and implement strategies to minimize excess inventory and reduce carrying costs.
Work cross-functionally to identify and drive product cost improvement metrics and actions.
Maintain Material Master database.
Provide assistance during internal and external audits; gather necessary supporting documents to ensure successful audit completion.
Develop and maintain inventory control procedures and policies.
Provide finance business partner support on specific cost initiatives.
Prepare ad-hoc financial analysis to support senior management decisions.
JOB QUALIFICATIONS
Degree in Accounting or Finance
5+ years of experience in cost accounting, inventory management, and financial analysis
Strong product costing technical skills with strong focus on continuous process improvement
Excellent analytical and problem solving skills
Advanced Excel skills
ERP environment: JD Edwards/OneStream experience preferred
Consistently operates at the highest level of integrity and is never willing to compromise with regards to ethical standards
INTERPERSONAL QUALIFICATIONS
Ability to earn trust, maintain positive and professional relationships
Clear and effective communication skills
Ability to organize multiple responsibilities and deliver results in an accurate and timely manner while adapting to changes in priorities
Ability to work cross functionally within a geographically diverse organization
Detail and process oriented
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
Job Family: Finance
Business Unit: Airtech
IDEX
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