Supply Chain Inventory Controller

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KEY EXPECTED ACHIEVEMENTS

• Perform weekly and monthly periodic closures relating to inventory transactions, service accruals, material rebates, and

• other cost allocations across business value streams within the MLK business entity.

• Root cause analysis of inventory discrepancies, look for continuous improvement opportunities in inventory and its impact towards costing transaction processes

• Appropriate recording and reconciling inventory transactions related to Inter-plant stock transfers in the SAP MM/EWM system.

• Maintain inventory controls and monitor cycle count processes.

• Coordinate monthly and annual physical inventory count and post adjustments for differences.

• Drafting inventory reports that document inventory counts, discrepancies, and other statistical data.

• Reporting inventory statistics to management and suggesting improvements to inventory control.

• Evaluate inventory movement and Review Excess and Obsolete provision

• Liaising with external auditors to provide requested samples, investigate variances, and resolve all inventory-related inquiries efficiently, ensuring a timely audit completion

• Monitor and suggest for process, control improvements related to Inventory management

• Maintain Freight in and out databases and reconcile with the general ledger

• Support Maintain standard costs of finished goods and production components in the SAP system.

• Support monthly and annual Costing Runs.

• Review production orders for cost discrepancies and perform price adjustments.

• Prepare and present inventory provisions across all inventory categories.

EXTERNAL CANDIDATE PROFILE​

• Bachelor's Degree in Accountancy/ Finance/ Supply chain management or equivalent from a recognized University.
• Professional qualification in CIMA (UK)/ ACCA (UK)/ ISMM/ CIPS will be advantageous.
• 4 - 6 years of experience in working with financial data related to costing and inventory in manufacturing and warehousing industry.
• Knowledge about Accounting IAS/IFRS's relating to Inventories will be an Added Advantage.
• High-level understanding of manufacturing Costing, systems and inventory valuations will be an Added Advantage.
• SAP experience including SAP EWM, relating to  Inventory management would be a added advantage.
• Advanced proficiency and experience with Microsoft Excel and related financial systems;
• Excellent level of verbal and written English communication skills.

Michelin Lanka is an equal opportunity employer and is committed to a diverse and inclusive workplace. Non-discrimination is a non-negotiable cornerstone of Michelin's diversity and inclusion policy.