Inventory Analyst II

At VOXX, you’ll help create automotive technologies that improve safety, connectivity, and convenience on the road. Join a team focused on innovation and shaping the future of the driving experience.

POSITION OVERVIEW

The Inventory Analyst II ensures the accuracy and integrity of inventory accounting, cost accounting, and related general ledger activities across multiple warehouses, business units, and legal entities. This position performs inventory reconciliations, reviews and processes inventory transactions, maintains product cost components, prepares journal entries, and analyzes inventory-related variances. The role works closely with Logistics, Purchasing, Operations, IT, and Finance to ensure inventory is accurately valued and reported in accordance with company policies and accounting requirements.

WHAT YOU’LL DO

• Perform Monthly Inventory Reconciliation by reconciling inventory general ledger balances to perpetual inventory records monthly by warehouse and product line, investigating and resolving inventory discrepancies between financial records and inventory systems, and preparing supporting schedules and analyses for month-end and year-end close processes.
• Review, validate and process Inventory adjustment requests submitted by Logistics for various reasons including cycle counts, parts at suppliers, production related usage, and part number conversions.
• Process warehouse allocation journal entries to properly assign warehouse specific costs among business units and legal entities and reclass month end inventory balance to assist with balance sheet analytics for quarter end.
• Establish and maintain product cost components for Royalties, Tooling Cost and other miscellaneous costs added to inventory value, determine appropriate cost setup, and perform any inventory cost corrections and journal entries to make corrections.
• Conduct monthly reviews of landing factors postings to landing factor control tables to ensure accuracy, and research and resolve discrepancies through cost adjustments and journal entries as required.
• Review shop floor variance reports and investigate significant manufacturing variances.
• Identify variances as component substitutions, missing materials or production report issues.
• Review Inventory Packaging Transactions (IPs) and prepare monthly variance analysis, reclassing defective rework transactions and confirming significant labor variances against 3rd party.
• Generate and distribute monthly inventory reporting to Purchasing/Logistics, including year over year benchmark and freight cost details.
• Additional duties as assigned.

HOW YOU’LL DO IT

• Building Collaborative Relationships - Developing, maintaining, and strengthening partnerships with others inside or outside the organization.
• Problem Solving - Defining a problem, determining the cause, identifying, prioritizing and selecting alternatives for a solution, and implementing a solution.
• Individual Efficiency - Effectively managing time and resources so that individual work is completed efficiently.
• Optimizing Work Processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement
• Attention to Detail - Ensuring information is complete and accurate; following up with others to ensure that agreements and commitments have been fulfilled.
• Fostering Teamwork - Building effective partnerships and working collaboratively with others to meet shared objectives.
• Maintaining a high level of honesty, integrity, and confidentiality with respect to company matters
• Comply with all company policies, procedures, and safety regulations; perform all duties safely and promote a safe workplace.

WHAT TO BRING

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3+ years of experience in inventory accounting or business analysis.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Ability to work both independently and collaborate effectively within a team.
• Advanced proficiency in Excel and experience with Access and/or Power BI.
• Strong written and verbal communication skills.

WHAT WILL HELP

• Manufacturing and distribution experience.
• Experience preparing and analyzing journal entries and account reconciliations.

VOXX is an equal opportunity employer

VOXX extends equal employment opportunities to qualified applicants and employees regardless of an individual’s race, color, religion, national origin, age, sex (including pregnancy, gender identity, and sexual orientation), disability, marital status, military service, height, weight, genetic information, or any other reason protected by law.

Assistance

VOXX is committed to working with and providing reasonable accommodation to applicants with disabilities. For accommodation requests, email us at [email protected]. VOXX will not discriminate against any qualified individual who can perform the essential functions of the job with or without a reasonable accommodation.

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