Highlights
Key challenges Implement and configure a costing and inventory model that calculates and posts accurately and reconciles cleanly, while protecting the integrity of margin and inventory value through cutover, in a fast-paced environment where ambiguity exists. Configure the inventory and COGS elements of the month-end close, including variance settlement, COGS cut-off and the inventory roll-forward, and support a timely, well-controlled close through cutover and hypercare.
Numbers & Facts
| Location | Parsippany, NJ |
| Industry | Staffing/Employment Agencies |
| Salary | $54–$61 Per Hour |
| Company Size | 100 to 499 employees |
| Year Founded | 1990 |
| Website | http://www.sunrisesys.com/ |
Description
Job Title: Supply Finance Lead
Location: Parsippany ,NJ
Duration: 10 months contract with a possible contract to hire
Description :
Your responsibilities
Location: Parsippany ,NJ
Duration: 10 months contract with a possible contract to hire
Description :
Your responsibilities
- Lead the supply finance workstream of the SAP-to-Microsoft Dynamics 365 implementation across the United States and Canada, owning, build, configuration, test, data migration, cutover and hypercare for cost, inventory and freight.
- Implement product costing in the new system per the global template, including standard cost setup, cost roll-ups and costing sheets, and the calculation and posting of manufacturing and purchase price variances, configuring and validationg that in works for North America business.
- Configure and validate inventory accounting and valuation, ensuring inventory is well controlled, that goods movements post correctly, and that the inventory sub-ledger reconciles cleanly to the general ledger.
- Setup the treatment of freight and landed cost in line with the template, so that inbound freight is captured in product cost and distribution costs are recorded accurately.
- Implement inventory provisioning for excess, markdown and obsolescence (EMO), ensuring reserves are calculated and posted in line with policy and give a true view of inventory value.
- Configure the treatment of intercompany inventory movements and transfer pricing between the US and Canadian entities, including profit in stock, in line with the global template and Group policy.
- Establish inventory controls within the new system, including physical inventory and cycle-count processes, count adjustments and tolerances, and appropriate segregation of duties over goods movements, write offs and cost changes.
- Configure the inventory and COGS elements of the month-end close, including variance settlement, COGS cut-off and the inventory roll-forward, and support a timely, well-controlled close through cutover and hypercare.
- Ensure cost of goods sold and margin are designed to report accurately and give the business clear visibility of profitability by product and channel.
- Adapt the global template to local needs and propose fit for purpose enhancements where North American business genuinely requires them, working through the appropriate governance with CHQ.
- Partner with supply chain, operations and the North America Controller to align the design with how the business plans, makes and moves product.
- Coordinate with the Group finance transformation team at CHQ to ensure consistency with the global template and international reporting, including the chart of accounts and standard cost methodology.
- Manage external implementation consultants and draw on business-as-usual colleagues for expert insight, and support testing, user acceptance testing, cutover and post go-live stabilization.
Key challenges
- Implement and configure a costing and inventory model that calculates and posts accurately and reconciles cleanly, while protecting the integrity of margin and inventory value through cutover, in a fast-paced environment where ambiguity exists.
The experience we are looking for
Professional background and qualifications
- Qualified accountant (CPA, CA or equivalent), or equivalent experience, with a strong background in cost accounting, inventory and supply chain finance.
- 5 to 8 years of experience across cost and inventory accounting, ideally within a manufacturing or consumer goods environment.
- Deep, hands-on knowledge of standard costing, manufacturing variances, inventory valuation and provisioning.
- Proven experience contributing to or leading an ERP implementation, ideally Microsoft Dynamics 365, across cost and inventory.
- Strong understanding of cost of goods sold, margin analysis and the link between operations and financial results.
- Experience supervising or leading teams and managing external delivery partners.
- FMCG, Client or manufacturing experience is highly desirable; private equity exposure is an advantage.
- Strong Excel skills, with Power BI an advantage; formal project management credentials (for example PMP or PRINCE2) are a nice to have.
Personal attributes
- Strong leadership and people skills, able to set clear direction, bring cross-functional teams along and build trust quickly.
- Strong analytical capabilities and attention to detail, with the commercial awareness to connect operational decisions to financial results.
- Comfortable dealing with ambiguity, bringing structure and a steady hand to a fast-moving program.
- Strong written and verbal communication, able to influence finance, supply chain and technology stakeholders.
- Collaborative and pragmatic, able to bridge finance, operations and the wider business.
The skills for success
Cost accounting, standard costing, manufacturing variances, inventory accounting and valuation, freight and landed cost, inventory provisioning (excess, markdown and obsolescence), cost of goods sold and margin, ERP implementation (Microsoft Dynamics 365), stakeholder management, and team leadership.
Compensation:
The hourly rate for this position is between $54.00-61.00 per hour.
Factors which may affect starting pay within this range may include [geography/market, skills, education, experience and other qualifications of the successful candidate].
Benefits:
Sunrise offers ACA compliant medical coverage/dental insurance/vision insurance to all employees. We also offer Sick time benefits as required per State regulations.
Contact:
Jaya Balaji: jayabalaji.s@sunrisesys.com | (732) 515-5373 | URL: www.sunrisesys.com
About Company
Sunrise Systems was founded in 1990 with a clear vision to deliver world-class staffing service solutions in all labor categories, including IT consulting and solutions; all with the commitment to provide service that exceeds expectations and become the most trusted name in the industry. More than two and a half decades later, we pride ourselves on being at the forefront of the staffing industry. Combining our deep industry expertise, insights, and global resources, we have partnered with our clients to connect them with top professionals across several different industries.
We provide cost-effective Managed Staffing Solutions, Information Technology and Information Technology Consulting Services to several Fortune 500 companies and U.S. Government agencies. We provide our clients with flexible engagement models and customized products that are budget and time specific. Understanding the challenges that every business faces, we offer our services either on-site at the clients' site or from one of our globally distributed technology centers. Our onshore and offshore development capabilities ensure that we excel at meeting customer requirements every single time.
Our collective business experience spans over two and a half decades and ranges from:
- Business, management, and technical fields
- Information technology consulting and software solutions.
- Providing strategic support for the development and long-term growth of new business ventures across several industries including but not limited to; accounting, banking, finance, and recruitment.
- Motivating technology staff and establishing partnerships with Fortune 500 companies
Sunrise Systems has a vast range of competence in:
- Design, development, and support of cloud-based solutions from simple to highly complexed
- Database administration of multi-platform applications, complex databases, and web-based environments that include all aspects of installation, planning, maintenance, and monitoring.
- Data processing and data migration
- Application re-engineering and platform migration
- Working with the Information Systems and end-user communities at all levels to resolve issues and establish consensus.