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Inventory Accountant II

Company: Amcor
Location: Ann Arbor
Posted on: January 12, 2022

Job Description:

Join Amcor and you can be part of the team that makes the packaging of the future better for people and our planet.
Here at Amcor, we work together every day to make a positive impact on the lives of millions of people across the globe by providing packaging for essential products, including food, beverages, pharmaceutical, medical, home and personal-care .
We are sustainability leaders in our industry. We are the first global packaging company to commit to make all our products recyclable or reusable by 2025.
Our products are vital to support the lives of millions of people across the globe every day.
We are always looking for talented and passionate individuals who are motivated to make a difference. Working at Amcor means you will have a unique opportunity to be a part of an organisation that is committed to innovating and driving new solutions to create more sustainable packaging solutions.
To find out more about our commitment to sustainability and about Amcor, visit - www.amcor.com I LinkedIn -I Glassdoor I - Facebook -I - Twitter -I - YouTube
At Amcor Rigid Packaging (ARP), our teams are focused on developing and making plastic bottles and jars that create a unique experience and are better for the environment. -Our bottles and jars are primarily made from PET (polyethylene terephthalate), which has rapidly become the world's preferred packaging material. PET is lightweight, shatterproof, recloseable, resealable, reusable and infinitely recyclable*.
With approximately 6,000 people across about 50 manufacturing operations in 11 countries and an annual revenue of US$2.9 Billion, ARP provides rigid packaging solutions to the beverage, pharmaceutical, food, and home and personal care segments.
Learn more about the many benefits of PET bottles here.
*with existing technologies including chemical recycling

Position Overview:
This role is part of the Rigid Packaging North American Shared Service group and reports to the Senior Manager Inventory & Cost Accounting. The role is responsible for supporting the resin and inventory department by managing and reconciling resin -freight, inventory, and warehousing activity, updating freight rates, accruals and improving the accounting of freight and warehousing in North America. In addition to freight and warehousing, the role will support the raw materials cost accounting processes. This role will also support the business by analyzing freight and cost trends as well as support our culture of continuous improvement. The role requires the successful candidate to have strong accounting, systems and analytical skills along with high attention to detail and the ability to work effectively with a variety of stake holders.

Essential Responsibilities and Duties:
Accounting
Manage the process for creating, maintaining, reviewing and analyzing freight payments
Manage Hedge Accounting processes for new and existing raw material hedges
Review and Analyze large spot purchases of primary raw material
Complete Balance Sheet Reconciliations of Inventory and Accounts Payable ledgers
Determine accounts payable and inventory valuation adjustments
Manage and improve logistics accounting and invoice tracking for raw materials
Perform journal entries supporting balance sheet accounting and profitability calculations
Maintain and enhance internal controls related to inventory cost and quantity accuracy
Ensure transactions correctly reflect the legal / tax structure of our subsidiaries
Analyzing
Support inventory and resin accounts payable forecasting process, including impacts of freight and resin purchases on working capital and cash flow
Review of accounts payable aging focusing on past due balances and cost trends
Other tasks, ad-hoc financial analysis and special projects as they arise
All Other Activities
Support and enforce inventory related internal controls
Ensure compliance with policies and procedures
Support internal and external audits and activities related to Amcor's quarterly reporting periods and statutory close requirements
Support other ad hoc activities as required / necessary
Qualifications:
Bachelor's degree in Accounting or Finance required.
4 to 8 years of accounting experience; preference given for inventory accounting experience
Strong accounting foundation, including a solid understanding of US GAAP inventory rules and requirements
Strong systems aptitude with preference given to candidates with SAP experience
Ability to analyze and manage large data sets in excel and other query type databases
Strong analytical skills and attention to detail
Unrelenting integrity and ethics
Effective team player who interacts well with others
Excellent verbal and written communication skills; capable of clearly articulating thoughts
Ability to multi-task, meet strict deadlines and work under pressure
Willingness to learn and grow with the organization

Competencies:

Amcor Leadership Framework Competencies
Core Competencies:
Customer Focus
Learning on the Fly
Interpersonal Savvy
Drive for Results
3-5 Applicable ALF Competencies:
Organizing
Priority Setting
Functional/Technical Skills

Relationships:

Reports to Senior Manager, Inventory and Cost Accounting
Supports the following internal customers/ other colleagues
Manger, Resin Cost Accounting
Sr. Operations Accounting Analyst
Global Category Lead, PET and POA
Plant Controllers
North American Business Unit Finance and Operations Teams

ADA Requirements:

Physical Requirements
--'Normal Vision
---Distant Vision
--'Near Vision
--'Hearing/ Listening
--' Sitting
--'Talking/Speaking
--'Hand/Finger Dexterity
--' Walking
---Standing
---Stooping
---Pushing/Pulling
---Bending
---Kneeling
---Climbing
---Lifting (amount 50+ pounds)
---Carrying (amount 50+ pounds)
---Driving- Forklift
---Lifting (amount ---Carrying (amount ---Driving - Automobile/truck/van

Other Physical Requirements: - Click here to enter text.

Work Environment: Office Environment

The information contained herein is not intended to be an all-inclusive list of the duties, responsibilities, skills and/or abilities.
Amcor is a thriving S&P 500 organisation listed both on the NYSE (AMCR) and ASX (AMC) with US$13 billion in sales. We have a proud history dating back to the 1860's and come a long way from a single paper mill based in Melbourne to becoming the global leading packaging company. Today, Amcor is an international organisation empowering its 50,000 employees in over 40 countries and across 250 sites.
At Amcor we believe in talent through diversity and promote equal opportunity in the workplace and recognise that discrimination and harassment of co-workers based on race, creed, disability, gender, marital or maternity status, religious or political beliefs, age or sexual orientation is unlawful.

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Keywords: Amcor, Ann Arbor , Inventory Accountant II, Accounting, Auditing , Ann Arbor, Michigan

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