Job Summary
The Specialist I, Inventory and Materials Management performs a wide variety of tasks, contributes to process improvements, leads small project teams, possesses a comprehensive knowledge of fundamental theories, principles, and practices of inventory & materials management. The ideal candidate identifies possible solutions for problems/issues of diverse scope and works under general supervision.
Duties and Responsibilities
- Manage & maintain accurate materials-related transactions in accordance with accounting standards, inventory records, and ensure proper documentation of incoming and outgoing materials.
- Prepare and analyze inventory-related reports, including inventory valuation, yard balances, and month-end transactions. Provide insight to management regarding inventory performance and data accuracy, share key findings with management and recommend actions to improve inventory.
- Investigate & explain variances between expected and actual physical inventory outcomes. Collaborate with cross-functional teams to identify root causes and implement corrective actions.
- Continuously assess inventory and materials management processes to identify opportunities for efficiency gains, cost savings, and risk reduction. Propose and implement process enhancements as appropriate.
- Participate in physical inventory counts and reconciliation as directed by Supervisor, Inventory & Materials Management.
- Ensure compliance with relevant accounting standards, tax regulations, and internal controls pertaining to inventory and materials management. Support internal auditors by providing accurate documentation and explanations.
- Use AI tools to analyze inventory data, identify discrepancies/trends, improve inventory processes, and support day-to-day activities. Validate AI-generated results against source records and follow company data-handling requirements.
- Provide leadership to less experienced teammates.
- Personal commitment to inclusion and diversity.
- Other duties as assigned.
Skills and Competencies
- Excellent communication skills; strong presentation & influencing ability
- Collaborates – Builds collaborative partnerships to meet shared objectives
- Ensures accountability - Holds self and others accountable to meet commitments
- Drives results – Consistently achieves results, even under tough circumstances
- Optimizes work processes - Knows the most effective and efficient processes to get things done, with a focus on continuous improvement.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, Supply Chain Management, or related field from an accredited college or university
- 3 years of professional experience
- Proficiency in using inventory management software and ERP systems (e.g., SAP, Oracle, Microsoft Dynamics)
- Strong understanding of accounting principles, financial reporting, and cost analysis
- Attention to detail and accuracy, with the ability to manage and analyze large datasets.
- Proficiency in data analytics and data visualization (Excel, Databricks, Power BI, or similar)
- An acceptable pre-employment background and drug test.
Preferred Qualifications
- Excellent analytical and problem-solving skills with a keen attention to detail
- Strong organizational skills and ability to manage multiple tasks simultaneously
- Ability to adapt to changing priorities and work effectively in a fast-paced environment
- Knowledge of supply chain processes, including procurement, production, and logistics.
- Analytical mindset with excellent problem-solving skills to identify trends, patterns, and discrepancies.
Physical Requirements and Working Conditions
- Requires prolonged sitting, some bending and stooping.
- Occasional lifting up to 25 pounds.
- Manual dexterity sufficient to operate a computer keyboard and calculator.
Continental Resources, Inc. provides equal employment opportunities and access for all applicants and employees without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, national origin, age, disability, genetic information, veteran status, or any other category protected by law.