Financial Analyst - Mill Inventory Accounting

Title: Financial Analyst Inventory Accounting Pay Rate : $65,000 – 86,000 (PL 6-8) Multiple factors, including Individual experience, skills and abilities will determine where an employee is ultimately placed in the pay range. Category/ Poplar Avenue Memphis, TN The Job You Will Perform: In this role, you will review and analyze inventory transaction processing for Mill Finished Goods at Regional Distribution Centers, Distribution Centers, Ports, and Consignment inventory locations. Working in Inventory Accounting provides high visibility and interaction with various stakeholders within International Paper. The general responsibilities for the financial analyst will be to focus on inventory analysis to effectively: Maintain accurate and timely accounting and analysis of inventory balances for the regional distribution centers and consignment customer inventories. Interact with business unit financials, operations management, and warehouse management to help create business value for customers, the business units and the corporation. Support the inventory accounting team to meet the operational goals outlined by the International Paper Agenda. Support the team leader and team members to maintain High Performance Work Teams Understand the impact of Inventory Accounting operations on the multiple businesses depending on the transactions and information Support team lead and the team members in process improvement methodologies to facilitate cost savings and process effectiveness and accuracy. Daily Responsibilities: Manage operational exceptions for RDCs, Ports, DCs, and Consignment Perform physical inventory reconciliations and analysis Manage service calls on inventory status from warehouse locations customer service business unit management Perform inventory or account analysis requested by the business groups Train new inventory team members on inventory team processes Accounts Payable duties for all 3 rd Party Logistics Warehouses including Invoice Validation, Invoice approvals, and Purchase Order management. Assigned to special projects, as needed Monthly Responsibilities: Participate on the month-end close processes and procedures for 3 rd Party Logistics Warehouses Perform Monthly Book to Book Inventory reconciliations between IP and 3PL’s system of records. Monthly Balance Sheet Reconciliation Review Annual Responsibilities Maintain process and procedures manuals for the team Records retention The Skills You Will Bring: Bachelor’s Degree (finance and/or accounting major) 2-5 years of combined work experience across various disciplines including finance, accounting, business analysis, IT, internal and/or external audit Travel up to 50% for operational reviews, audit reviews, and cross-training Working knowledge of internal control concepts, purpose and ability to identify and resolve weaknesses. Excellent oral and written communication skills Demonstrated ability to work effectively with others Working knowledge of various PC software and ability to quickly learn new software as required Knowledge of or desire to learn Power BI, RPA and other data analytics tools a plus Knowledge of SAP Financials Key Competencies: Technical / Functional Skills, Customer Focus, Action Oriented, Planning & Priority Setting, Organizing, Intellectual Horsepower, Problem Solving & Process Improvement, Timely and Quality Decision-making, Perseverance, Peer Relationship