Supply Chain Inventory Controller – Full Time – Jobs in Colombo

Job description – Supply Chain Inventory Controller

Drive Operational Excellence at Michelin

Michelin Lanka is a global leader in the manufacturing industry, dedicated to innovation and sustainable mobility. We operate with a deep commitment to precision and integrity, fostering an inclusive workplace where diversity is celebrated. We are currently seeking a meticulous and analytical Supply Chain Inventory Controller to join our Colombo team. If you are ready to apply your financial expertise within a world-class manufacturing environment and contribute to the high standards of a brand recognized across the globe, we invite you to help us optimize our value streams.

KEY EXPECTED ACHIEVEMENTS

• Perform weekly and monthly periodic closures relating to inventory transactions, service accruals, material rebates, and

• other cost allocations across business value streams within the MLK business entity.

• Root cause analysis of inventory discrepancies, look for continuous improvement opportunities in inventory and its impact towards costing transaction processes

• Appropriate recording and reconciling inventory transactions related to Inter-plant stock transfers in the SAP MM/EWM system.

• Maintain inventory controls and monitor cycle count processes.

• Coordinate monthly and annual physical inventory count and post adjustments for differences.

• Drafting inventory reports that document inventory counts, discrepancies, and other statistical data.

• Reporting inventory statistics to management and suggesting improvements to inventory control.

• Evaluate inventory movement and Review Excess and Obsolete provision

• Liaising with external auditors to provide requested samples, investigate variances, and resolve all inventory-related inquiries efficiently, ensuring a timely audit completion

• Monitor and suggest for process, control improvements related to Inventory management

• Maintain Freight in and out databases and reconcile with the general ledger

• Support Maintain standard costs of finished goods and production components in the SAP system.

• Support monthly and annual Costing Runs.

• Review production orders for cost discrepancies and perform price adjustments.

• Prepare and present inventory provisions across all inventory categories.

EXTERNAL CANDIDATE PROFILE

• Bachelor’s Degree in Accountancy/ Finance/ Supply chain management or equivalent from a recognized University.

• Professional qualification in CIMA (UK)/ ACCA (UK)/ ISMM/ CIPS will be advantageous.

• 4 – 6 years of experience in working with financial data related to costing and inventory in manufacturing and warehousing industry.

• Knowledge about Accounting IAS/IFRS’s relating to Inventories will be an Added Advantage.

• High-level understanding of manufacturing Costing, systems and inventory valuations will be an Added Advantage.

• SAP experience including SAP EWM, relating to Inventory management would be a added advantage.

• Advanced proficiency and experience with Microsoft Excel and related financial systems;

• Excellent level of verbal and written English communication skills.

Master Inventory Integrity and Financial Accuracy

In this critical role, you will be the primary steward of inventory accuracy and cost allocation for the MLK business entity. Your daily focus will involve managing complex reconciliations in SAP, conducting root cause analyses of discrepancies, and leading rigorous physical count processes to ensure full transparency. By collaborating with external auditors and providing data-driven insights on excess provisions and production costs, you will play a vital role in enhancing the financial health and operational efficiency of Michelin’s supply chain.

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