Inventory Analyst

2 weeks ago

Taguig, National Capital Region, Philippines 3M Full time ₱600,000 - ₱1,200,000 per year
3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

Job Description:

3M Global Service Center in the Philippines is looking for an Inventory Associate to join our team.  Here, you go

Successful candidate for this position will be responsible for providing Inventory accounting and costing services to 3M subsidiaries. Currently, 3M is deploying ERP (SAP) to the subsidiaries and you would be requested to work in both SAP countries and Legacy system countries during transition period. This position will work as liaison with countries and be primary contact from our internal client. Successful candidate will report to Accounting operation supervisor, and will liaise with relevant parties in GSC and other country finance team/s.

The Inventory Associate responsibilities will include, but not be limited to the following:

  • Provide inventory accounting and costing services to 3M subsidiaries where SAP has been implemented. Provide inventory accounting/costing services to legacy system countries during transition period
  • Ensure compliance to 3M Financial Standard, SOX and other regulations
  • Responsible for preparation of manual journal entries
  • Responsible for timely balance sheet account reconciliation
  • Detail of monthly activities will be, but not limited to; lead inventory closing operation for the subsidiaries and support system operation. Keep legacy system inventory ledger to be compliant with 3M standard.
  • Detail of weekly activities will be, but not limited to; Run soft closing and analyze & report variance information
  • Detail of daily activities will be, but not limited to; Update unit cost in the system, run costing for new material number and work closely with countries for issue resolution.
  • Engage in ad-hoc activities such as internal/external audit, tax audit, etc
  • Enhance KPIs to improve productivity and service quality
  • Participate in the project, e.g. accounting centralization activities from the region, etc

Basic Qualifications:

  • Accounting degree and working experience in Finance and Accounting area. Solid financial accounting and internal control knowledge are required – Minimum 3 years of experience.
  • Inventory accounting experience is required – Minimum 3 years of experience. Knowledge for standard costing is highly considered
  • Working knowledge of SAP – minimum 2 years
  • Experience in Shared Service Center  for multi-national corporation is preferred – 3 years of experience
  • CPA or equivalent qualification is preferred
  • Fluent in English

Skills:

  • Flexible for new assignment and willingness to learn. e.g Ability and agility  to learn legacy system (AS/400, PeopleSoft, etc)
  • Cross functional and cultural communication skill
  • Detailed oriented and enjoys working with operational processes
  • Highly client service and quality oriented mindset;
  • Structured approach to effectively and efficiently planning own workload
  • Team oriented person
  • Working knowledge of Microsoft Excel
Learn more about 3M's creative solutions to the world's problems at or on Instagram, Facebook, and LinkedIn @3M.Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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