Edwards Lifesciences
Finance Director, Global Inventory
Edwards Lifesciences, California, Missouri, United States, 65018
Imagine how your ideas and expertise can change a patient’s life. Patients are at the heart of what we do at Edwards Lifesciences. Our Finance teams work hard to optimize our current and long-term success and enable our ongoing strategy of innovation, leadership, and focus. As part of the team, whether providing analysis, forecasting, or reporting financial information, your application of accurate financial business practices will play a fundamental role in how we impact the quality of life for patients all over the world.
This Finance Director, Global Inventory role works with the Global Supply Chain (GSC) and is responsible for Global Inventory and CAPEX based in Irvine.
How you will make an impact:
Leadership:
Direct line management of staff responsible for Global Inventory and Capital spend. Planning and Analysis:
Advise and influence global business partners in GSC and the Business Units regarding all aspects of Edwards global inventory forecasting and planning. Provide detailed and consolidated inventory data and analysis that allow global Finance and Supply Chain leaders to understand current inventory levels as well as anticipate future levels. Strategy and KOD Execution, Inventory Planning:
Partner with leadership team members to define and drive inventory KOD and strategy execution. Ownership of Strategic Plan, Annual Operating Plan, and Forecasting of Global Inventory with a focus on forecast accuracy, process improvement, and governance. Inventory Optimization:
Partner with Business Leaders across Edwards Global locations to define and drive KOD achievement and strategy execution. CAPEX:
Own planning and forecasting of CAPEX, facilitate CAPEX Council, participate in CAPEX business reviews, and coordinate CAPEX project spend. Month-End Close and Reporting:
Oversee month-end close including areas like intercompany inventory accounting, and JDE inventory reconciliation. Provide guidance to team members to ensure accurate and timely financial reporting and compliance to Edwards policies. Inventory SOX controls and compliance:
Ownership of Inventory Finance Policies and Procedures and SOX controls, overseeing global standard cost process, support inventory and cost accounting trainings and the creation of Excess and Obsolete reserves. Global Standard Cost update:
Facilitate the process of updating product standard cost in all countries and regions in order to report accurate inventory and COS valuations. Communication and Presentation:
Preparation and ownership of the Executive Leadership Team reviews and presentations for Inventory and CAPEX. Interaction with external and internal auditors. Special Projects:
Support local and global inventory and COS projects. What you’ll need (Required): Bachelor’s degree, or Master’s degree or equivalent, in Accounting or Finance, with previous work-related experience. What else we look for (Preferred): CPA or MBA. Experience in global inventory management, and in CAPEX, in a manufacturing environment is highly preferred. Ability to provide leadership and talent development. Proven track record of working in matrix and international environments. Strong business acumen with excellent critical thinking and problem-solving skills. Extensive understanding of Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley (SOX). Expert understanding of multi-relational impacts in the Balance Sheet, P&L, and Cash Flow Statement and how journal entries affect each statement. Expert understanding of related aspects of financial processes and/or systems. Superior business partner with ability to interpret results and provide insights. Excellent presentation, communication and collaboration skills with all levels of management. Ability to work in a fast-paced environment and meet tight deadlines. Proactive with an aptitude to optimize processes and influence change. Aligning our overall business objectives with performance, we offer competitive salaries, performance-based incentives, and a wide variety of benefits programs to address the diverse individual needs of our employees and their families. For California, the base pay range for this position is $138,000 to $195,000 (highly experienced). The pay for the successful candidate will depend on various factors (e.g., qualifications, education, prior experience). Applications will be accepted while this position is posted on our Careers website.
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Direct line management of staff responsible for Global Inventory and Capital spend. Planning and Analysis:
Advise and influence global business partners in GSC and the Business Units regarding all aspects of Edwards global inventory forecasting and planning. Provide detailed and consolidated inventory data and analysis that allow global Finance and Supply Chain leaders to understand current inventory levels as well as anticipate future levels. Strategy and KOD Execution, Inventory Planning:
Partner with leadership team members to define and drive inventory KOD and strategy execution. Ownership of Strategic Plan, Annual Operating Plan, and Forecasting of Global Inventory with a focus on forecast accuracy, process improvement, and governance. Inventory Optimization:
Partner with Business Leaders across Edwards Global locations to define and drive KOD achievement and strategy execution. CAPEX:
Own planning and forecasting of CAPEX, facilitate CAPEX Council, participate in CAPEX business reviews, and coordinate CAPEX project spend. Month-End Close and Reporting:
Oversee month-end close including areas like intercompany inventory accounting, and JDE inventory reconciliation. Provide guidance to team members to ensure accurate and timely financial reporting and compliance to Edwards policies. Inventory SOX controls and compliance:
Ownership of Inventory Finance Policies and Procedures and SOX controls, overseeing global standard cost process, support inventory and cost accounting trainings and the creation of Excess and Obsolete reserves. Global Standard Cost update:
Facilitate the process of updating product standard cost in all countries and regions in order to report accurate inventory and COS valuations. Communication and Presentation:
Preparation and ownership of the Executive Leadership Team reviews and presentations for Inventory and CAPEX. Interaction with external and internal auditors. Special Projects:
Support local and global inventory and COS projects. What you’ll need (Required): Bachelor’s degree, or Master’s degree or equivalent, in Accounting or Finance, with previous work-related experience. What else we look for (Preferred): CPA or MBA. Experience in global inventory management, and in CAPEX, in a manufacturing environment is highly preferred. Ability to provide leadership and talent development. Proven track record of working in matrix and international environments. Strong business acumen with excellent critical thinking and problem-solving skills. Extensive understanding of Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley (SOX). Expert understanding of multi-relational impacts in the Balance Sheet, P&L, and Cash Flow Statement and how journal entries affect each statement. Expert understanding of related aspects of financial processes and/or systems. Superior business partner with ability to interpret results and provide insights. Excellent presentation, communication and collaboration skills with all levels of management. Ability to work in a fast-paced environment and meet tight deadlines. Proactive with an aptitude to optimize processes and influence change. Aligning our overall business objectives with performance, we offer competitive salaries, performance-based incentives, and a wide variety of benefits programs to address the diverse individual needs of our employees and their families. For California, the base pay range for this position is $138,000 to $195,000 (highly experienced). The pay for the successful candidate will depend on various factors (e.g., qualifications, education, prior experience). Applications will be accepted while this position is posted on our Careers website.
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