Senior Inventory Analyst
$56.2k - $94.1kAssurant
Senior Inventory Analyst
The Senior Inventory Analyst is responsible for ensuring the accuracy, integrity, and control of inventory records across physical and system environments. This role focuses on inventory research, root cause analysis, reconciliation, reporting, and continuous improvement of inventory control processes. The position plays a critical role in identifying inventory discrepancies, preventing inventory aging, supporting audits, and improving data reliability for operational and financial decision making.
This is an onsite role in our Irving TX facility with a schedule of Monday - Friday, 8AM - 5PM.
What will be my duties and responsibilities in this job?
- Maintain and monitor system and physical inventory accuracy through daily, weekly, and monthly reconciliations.
- Research and resolve inventory discrepancies, variances, and transactional errors across inventory systems.
- Perform detailed root cause analysis on inventory issues, including adjustments, shrink, aged inventory, and consumption errors.
- Develop and maintain inventory control reports and dashboards to track accuracy, adjustments, aging, and key inventory metrics.
- Ensure inventory transactions (receipts, transfers, issues, adjustments, WIP movements) are properly executed and documented.
- Support and manage cycle count programs and physical inventories, including schedule creation, variance analysis, corrective actions, and compliance monitoring.
- Analyze and monitor obsolete, excess, and aged inventory, identify risk drivers, and escalate findings with supporting data.
- Partner with Operations, IT, and Materials teams to identify systemic inventory issues and recommend process improvements.
- Investigate and reconcile complex data feeds and system integrations impacting inventory balances and reporting.
- Validate inventory consumption data to ensure alignment between physical movement and system records.
- Support internal and external audits by providing inventory documentation, analysis, and reconciliation support.
- Document and maintain inventory control procedures, ensuring adherence to standard operating procedures and internal controls.
- Identify opportunities to improve inventory control processes, data quality, and reporting efficiency.
- Escalate material inventory risks, trends, or control breakdowns to management with clear analysis and recommendations.
What are the requirements needed for this position?
- Bachelor's degree in Business or Accounting or equivalent experience in supply chain
- 5+ years' experience in Inventory or other type reporting experience
What other skills/experience would be helpful to have?
- Good analytical and statistical skills
- Good knowledge of an electronic manufacturing environment
- Good knowledge of inventory management, production planning, scheduling, material requirements planning and manufacturing control systems.
- Knowledge of computer applications and the ability to accurately perform tasks in relevant business applications.
- Ability to handle multiple tasks while maintaining attention to detail and accuracy and working under tight time sensitive deadlines.
- Ability to evaluate, prioritize and problem solve a variety of tasks to ensure their timely and accurate completion.
- Ability to communicate effectively, both verbally and in writing in English, with a wide variety of internal and external customers.
- Advanced Excel skills (Experienced with creating Charts, pivot tables, Lookups, If/then formulas, large data tabs, complex formulas & compiling data from multiple spread sheets)
- Advanced Power Point skills
- Experience with Tier 1 Inventory system (SAP or Oracle)
- Past Success with challenging data reconciliations
- Experience with complex disparate IT Systems
- Experience with Serialized inventory tracking, reporting systems
What are the working conditions and physical requirements of this job?
- This position requires incumbents to regularly sit at a desk and operate standard office equipment such as computer and phone
- Employee is occasionally required to stand and walk, lift, carry, and/or move up to 20 pounds
- Occasional: bending, squatting, kneeling, reaching, twisting, exposure to changes in temperature, being near moving machinery, and office machinery
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Pay Range:
$ 56.200,00 - $ 94.100,00
Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.
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