Finance Manager - Product Line Profit & Inventory
Neogen
It's fun to work in a company where people truly believe in what they are doing!The Finance Manager, Product Line Profit and Inventory is responsible for driving financial visibility, analysis, and performance improvement across product lines, inventory, and material costs. This role partners closely with operations and inventory leadership to deliver actionable insights, improve profitability, and optimize cost efficiency across the organization.Position SummaryThe Finance Manager - Product Line Profit and Inventory is responsible for driving financial visibility, analysis, and performance improvement across product lines, inventory, and material costs. This role partners closely with operations and inventory leadership to deliver actionable insights, improve profitability, and optimize cost efficiency across the organization.Key ResponsibilitiesProduct Line P&L AnalysisLead full product line P&L profitability analysis, including revenue, cost, and margin performanceOversee data gathering and validation processes, including reconciliation of key financial inputsPartner with cross-functional operating teams to identify key performance drivers and recommend performance improvement actionsProvide insight into all cost components impacting product margins with a focus on growing gross profits and gross profit marginsInventory and Inventory Write-Off Analysis and OptimizationLead analysis and collaborate with Inventory Management Director on inventory performance, efficiencies, and measurementDevelop enhanced reporting and analysis for Inventory Write-offs, including by region and by reason codeIdentify trends and insights of inventory write-offs, providing recommendations to reduce write-offs and wastePartner with the Inventory Management Director, Supply Chain, and the Blackbelt teams to leverage the inventory write-off workshop process improvements workstream and to drive insights and decision-makingSupport optimization initiatives to improve inventory accuracy, turnover, and value realizationMaterial Cost Efficiency and Purchase Price Variance (PPV)Conduct analysis of material costs and purchase price variance across product lines and manufacturing sitesCollaborate with cost accounting on enhanced reporting and insights on variancesPartner with sourcing and Supply Chain management on opportunities for cost savings and efficiency improvements in sourcing and procurementRequired QualificationsBachelor's degree in Finance, Accounting, Supply Chain, or a related fieldProgressive experience in financial analysis, cost accounting, or inventory analyticsStrong understanding of product P&L structures and cost driversExperience working cross-functionally with operations, inventory management, or supply chain teamsAdvanced analytical and data interpretation skillsKey CompetenciesFinancial and business acumenData-driven decision makingCross-functional partnership and influenceProblem-solving and root cause analysisContinuous improvement mindsetWhy Neogen?At Neogen we believe that taking care of our employees allows them to do their best work. When you join our team, you'll enjoy competitive benefits and the opportunity to make a meaningful difference every day.Benefits include:Benefits starting on Day One – Medical, dental, and vision coverage begin on your first day of employment.401(k) with company match – Invest in your future with retirement savings and company contributions.Paid Time Off (PTO) – Enjoy generous paid time off so you can rest, recharge, and spend time with those who matter most.Career Growth Opportunities – We are committed to promoting from within and providing the tools, training, and support to help you grow your career.Meaningful Work – Be part of a team whose work has a real impact on our customers, communities, and the world around us.Collaborative Culture – Join a team that values innovation, respect, teamwork, and continuous improvement.Come build your future with us while making a difference every day. #ApplynowCome Be Part Of A Mission that Matters!From inside the farm gate to our dinner plates, Neogen protects the world’s food supply. Through a variety of animal healthcare products, to food safety solutions for dangerous bacteria, allergens, toxins, drug residues and much more, Neogen is there — and you can be too.SummaryLocation: Birmingham, MI; Lansing, MIType: Full time
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