Inventory Analyst Intern (Finance)
KEY RESPONSIBILITIES:
- Review manufactured pipe, scrap, and billet inventory balances periodically throughout the month – resolving issues as they arise with operations and IT.
- Clear daily cycle counts of storeroom inventory.
- Supply documentation to SSC AR representative for STAR to invoice for shipments from prior business day. Support SSC AR with weekly/month reconciliations between pipe inventory system and invoicing system.
- Trace PO creation of freight payables systematically created for prepaid freight movements. Identify duplication; work with SSC GL team to resolve. Maintain log of missing POs for freight movements. Create journal entries for accruing freight expenses without PO or invoice at month end.
- Provide support to SSC AP with invoices related to the UNIT Trains and Non-PO freight questions
- Ensure accurate inventory quantities and values in accordance with Group policies.
- Month end coordination with SSC AR to be sure all shipments have been invoiced – then work with operations ensuring production is balanced and all transactions are entered
- Prepare journal entries needed for month send to Senior Analyst for review; for areas including, but not limited to, Inventory, freight expense, customer claim accruals, etc.
- Assist in the Design/Implement/Improve reporting tools for end users of inventory data.
- Communicate and prepare files related inventory reporting to be supplied to Production Planning, FP&A, and Controlling monthly – within reporting deadlines.
- Assist Senior Inventory Analyst, FP&A Manager, and Controlling team in monthly review – performing analysis/gathering reports/getting questions answered to explain variances as assigned. Share findings with team and determine need for additional entries.
- Support the Senior Inventory Analyst and NA SSC with Audit requests related to inventory.
- Improve performance by evaluating processes to drive efficiencies
- Additional ad-hoc duties as assigned
