Finance Manager, Inventory Reserves

Key Responsibilities

Inventory Reserves & Close

• Lead and oversee month-end and quarter-end inventory reserve accounting activities.
• Review reserve calculations, supporting schedules, journal entries, and reconciliations across RM, WIP, and FG
• Analyse period-over-period reserve movements and provide clear explanations for significant changes.
• Oversee timely resolution of reserve-related accounting and reconciliation issues.

Reserve Methodology & Inventory Risk

• Lead the assessment of inventory reserve methodologies, assumptions, and accounting estimates.
• Review and challenge management reserve adjustments and ensure appropriate supporting documentation and approvals.
• Partner with Supply Chain, Planning, Operations, Quality, and Finance teams to identify emerging inventory risks.

SOX Controls & Compliance

• Lead and oversee inventory reserve-related SOX controls and compliance activities.
• Ensure controls are appropriately executed, documented, and supported with audit-ready evidence.
• Support internal and external audits and coordinate responses to inventory reserve-related audit requests.
• Drive remediation of control deficiencies, audit findings, and process gaps.

Reporting and Process Improvements

• Develop and maintain management reporting on inventory reserves, reserve movements, and key inventory exposures.
• Provide ad hoc financial analysis to support inventory and business decisions.
• Lead process improvement and automation initiatives related to inventory reserve accounting and reporting.
• Support SAP and other systems transformation projects impacting inventory reserves and valuation.

Business Partnership & Leadership

• Serve as the primary Finance subject matter expert for inventory reserve accounting matters.
• Partner with Operations, Supply Chain, Manufacturing Finance, Planning, Quality, Cost Accounting, IT, and other stakeholders to understand and address inventory risks.
• Lead inventory reserve review discussions and communicate significant exposures, movements, and financial impacts to management.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 6+ years of strong progressive experience in inventory accounting, cost accounting, manufacturing finance, or financial reporting.
• Manufacturing or semiconductor industry experience preferred.
• Experience supporting SOX controls, internal/external audits, and financial reporting requirements.
• Prior experience leading projects, processes, and/or finance teams.
• CPA, CMA, or equivalent professional qualification is an advantage.