3M Global Service Center, Philippines was established to provide first-class business services to 3M Companies across the region.
If you are looking for a career in an open, creative, passionate environment and would like to participate in creating something new - apply today!
Persons hired for the position will be responsible for providing Inventory accounting and costing services to 3M subsidiaries.
This position will work as a liaison with local country finance and inventory management teams and be the primary contact for all inventory-related concerns.
As 3M is currently undergoing a journey of business transformation involving the deployment of SAP to its subsidiaries from its existing Legacy system, this role may be requested to work in both SAP and Legacy system countries during the transition period.
Inventory Analyst responsibilities will include, but not limited to the following :
Provide inventory accounting and costing services of moderate complexity to 3M subsidiaries.
Provide support in responding to and addressing inventory-related queries / issues.
Responsible for the preparation of standard manual journal entries
Responsible for timely balance sheet account reconciliation
Detail of monthly activities will be, but not limited to : supporting inventory closing operations for 3M subsidiaries and keeping the Legacy system inventory ledger compliant with 3M standards.
Detail of weekly activities will be, but not limited to analyzing & reporting variance information, updating unit cost, and performing costing for new material numbers
Support other activities necessary to achieve the organization’s objectives of business transformation
Support Chart of Accounts activities for Legacy systems
Enhance KPIs to improve productivity and service quality
Ensure compliance to 3M Financial Standards, SOX and other regulations
Participate in projects, for example : accounting centralization activities throughout the region, etc.
Engage in ad-hoc activities such as internal / external audit, tax audit, etc.
Basic Qualifications :
Accounting degree and working experience in Finance and Accounting area. Solid financial accounting and internal control knowledge are required Minimum 2 years of experience
Inventory accounting experience is required Minimum 2 years of experience. Knowledge for standard costing is highly considered
Working knowledge of SAP
Experience in Shared Service Center for multi-national organization is preferred 2 years of experience
CPA or equivalent qualification is preferred
Fluent in English
Flexible for new assignment and willingness to learn. For example, ability to learn Legacy System (AS / 400, PeopleSoft, etc.)
Cross functional and cultural communication skills
Detailed oriented and enjoys working with operational processes
Highly client service and quality oriented mindset;
Structured approach to effectively and efficiently planning own workload
Team oriented person
Working knowledge of Microsoft Excel