Senior Inventory Finance Specialist
19 hours ago
SunnyStep PTE. LTD. is a leading player in the consumer retail industry, revolutionizing comfort and style in every step.
We are seeking an experienced Senior Inventory Finance Specialist to join our team in Singapore.
Estimated Salary: SGD 120,000 - 150,000 per annum.
Job Description:The successful candidate will be responsible for managing financial operations related to inventory, optimizing cost controls, and delivering in-depth financial analysis to support decision-making across the business.
- Inventory Accounting & Management
The ideal candidate will have a solid background in retail finance, inventory management, and a keen eye for analyzing trends to help drive profitability and operational efficiency.
- Manage inventory levels, turnover rates, and obsolescence, making recommendations to improve inventory efficiency and minimize holding costs.
You will also be responsible for conducting physical inventory audits and supporting cycle counts to validate inventory data accuracy and address discrepancies.
- Financial Analysis & Reporting
The successful candidate will provide detailed financial analysis related to sales, inventory performance, gross margins, and profitability by product line and store.
- Analyze inventory KPIs (e.g., stock-to-sales ratio, sell-through rates) and recommend adjustments in purchasing or markdown strategies.
You will collaborate with merchandising teams to prepare monthly, quarterly, and annual financial statements and reports, focusing on inventory-related costs and variances.
- Develop and implement performance metrics and dashboards for inventory tracking and reporting to aid strategic decision-making.
Budgeting & Forecasting
- Lead the budgeting and forecasting process for inventory costs, analyzing historical data and trends to inform demand planning and purchasing decisions.
Process Improvement
- Identify opportunities for cost-saving measures across the supply chain, from procurement to distribution.
Requirements:
- Bachelor's degree in Finance, Accounting, or a related field; CPA or CMA certification preferred.
- 3+ years of experience in finance/accounting, ideally within retail, FMCG, or inventory-heavy industries.
- Strong proficiency in financial analysis, budgeting, and forecasting, with a focus on inventory and cost accounting.
- Expertise in ERP systems (e.g., SAP, Oracle, NetSuite) and advanced Excel skills.
Benefits:
SunnyStep PTE. LTD. offers a comprehensive benefits package, including competitive salary, bonuses, and opportunities for career growth and development.
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