Inventory Analyst

2 weeks ago

Niagara Falls, Canada CWD Full time

CWD designs, markets & sells the highest performing consumer electronics that are smart, simple, and stylish. From high fidelity turntables to wireless video connectivity systems, we create innovative products that empower people. Our success is measured in our customer satisfaction ratings and dedicated following. We have been in business since 1961 and our creations can be found in millions of homes. Together in teams, as a company, as a community, we are committed to Creating What’s Different

If you are someone that likes a challenge and are continuously striving for excellence, then this is the perfect opportunity for you

**What We Offer**:

- Full comprehensive benefits (dental, medical and eye) 80/20 split-family coverage
- Annual professional development fund
- RRSP Match
- Fitness incentives
- Team events
- 50% off on CWD brands
- Relocation expense

**Key Responsibilities**:
**_Inventory Management _**
- Monitor and track inventory levels, analyzing trends to forecast future needs
- Compile data from multiple sources to prepare reports on inventory levels, trends, and forecasts for senior management
- Review and reconcile invoices and purchase orders, ensuring accuracy and compliance with company policy
- Evaluate and procure enough inventory for large promotional activities, and high velocity items
- Act as the liaison between Finance, Research & Development, and Sales teams
- Collaborate with the Warehouse team to coordinate flow of goods
- Develop and maintain relationships with vendors to ensure timely delivery of goods and services
- Identify opportunities to streamline inventory management processes
- Resolve discrepancies between physical and inventory and records and investigate and resolve issues with damaged or missing inventory
- Recommend changes to current inventory policies and procedures

**_Financial & Sales Analysis _**
- Conduct analysis of product viability to identify trends, recommend solutions, and support decision-making
- Develop and present financial plans, forecasts, and reports to senior management using Excel spreadsheets
- Analyze gross margins by division, category, and item and compare to what has been forecasted
- Conduct research and monitor real time trends on economic indicators such as fluctuation on foreign exchange rates and market trends
- Identify opportunities to reduce costs by recommending process improvements

**_Other_**
- Generate Ad hoc reports as requested
- Undertake related duties as assigned to achieve the company objectives and goals

**Qualifications**:

- College diploma or university degree in Business Administration, Accounting, Economics, or a related field
- Three (3) years of inventory management or purchasing experience
- Two (2) years of financial analysis experience
- Experience extracting data from an ERP system
- Experience working with freight forwarders considered an asset
- Proficiency using Microsoft Office
- Advanced Microsoft Excel knowledge (VLOOPUPS, Pivot Tables, IF Statements, Macros)
- Experience managing a large volume of data in Excel
- Analytical and highly motivated self-starter
- Detail oriented problem solver
- Strong communication and interpersonal skills
- Ability to work in a fast-paced ever-changing environment

**_You Will Stand Out If: _**
- You have experience using NetSuite
- You have experience using Power BI

This is a full-time permanent role working 40 hours a week on-site. Our hours of operation are 8:15am to 5:00pm Monday to Friday.
- CWD is an equal opportunity employer and is dedicated to creating a diverse and inclusive work environment. We are committed to providing accommodations for people with disabilities throughout the recruitment process, and upon request, will work with qualified job applicants to provide suitable accommodation in a manner that takes into account the applicant’s accessibility needs due to disability. Applicants must make their accommodation needs known upon requests for interviews._

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