Inventory Analyst

6 days ago

Petaling Jaya, Malaysia Schlumberger Full time

**Inventory Analyst**:
Petaling Jaya - Malaysia

The Inventory Analyst is responsible for taking steps to ensure that inventory valuation and product cost transactions impacting financial reports are monitored, controlled and posted to the materials ledger and general ledger. The Inventory Analyst works closely with Operational Planning and Resource Management and other functions to understand product cost and inventory valuation trends, planning and optimization efforts.

**Essential Responsibilities & Duties**:

- Process new materials costing.
- Create additive cost estimates, mark and release cost estimates and execute and monitor costing runs.
- Execute product costing period end close by monitoring all product costing and inventory valuation batch jobs.
- Perform results analysis related to product cost and product revenue.
- Review product cost lines, relate with business key indicators and provide cost variance analysis, highlighting opportunities or negative trends.
- Prepare balance sheet reconciliations for relevant accounts and certify completeness.
- Process product costing and production order settlement, monthly material ledger close
- Understand and comply with Sarbanes-Oxley requirements and Inventory Policies and Guidelines
- Preparing Reviewing Analyzing and Finalization of Statutory Accounts
- Preparing Supporting documentation for Statutory Financial Statements in line with local GAAP to a standard ready for external audit
- Support with Statutory Audit Process with External Auditor

**Qualifications**:

- Background in external or internal audit, strong understanding of IFRS and proven analytical skills
- Accounting degree or equivalent
- Excellent Excel spreadsheet skills
- Ability to work under pressure, fast learner and to adapt to changes and challenges
- 2 years of related work experience (Accounting)
- Effective communication skill
- Exposure to multiple ERPs & Business systems (SAP, Blackline, Oracle)

Schlumberger is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or other characteristics protected by law.

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