Inventory Coordinator

Position Overview

Inspired Beauty Brands is seeking an Inventory Coordinator to join our team. This position requires a detail oriented and organized person who can adhere to company policy and procedure and complete tasks accurately while following a well-defined timeline. The position reports to the Director of Finance.

Key Responsibilities:

On a Daily Basis, responsibilities will include:

· Processing receipts for IBB PO, upon receiving confirmation & receivers from CM;

· Processing transfers between CM in ERP for IBB owned components / Bulk / Chemicals;

· Assisting AP in resolving QTY variance between QTY received vs QTY invoiced by vendors.

· Processing any inventory adjustments necessary based on communication with DC’s or internal management.

On a Monthly Basis, responsibilities will include:

· Conducting Preliminary Monthly Inventory Reconciliation for CM & communicating with CM for Top Variance;

· Making adjustment in ERP according to shrink factor % allowed by IBB & adjustment in ERP per CM’s re-count QTY;

· Communicating with Finance and Purchasing for Chargeback to CM if necessary;

· Processing Destruction Authorization and communicating to CM for Obsolete materials.

On an Annual Basis, responsibilities will include:

· Sending emails prior to year end to all DC’s and CM’s regarding the process for year-end physical and dates physical needs to be conducted

· Conducting Annual Physical Inventory Reconciliation for all DC and CM;

· Communicating with DC and CM for preliminary Variance;

· Making adjustments in ERP once QTY confirmed by DC & CM after review / recount;

· Communicating with Finance and Purchasing for Chargeback to CM for QTY over the allowed shrink factor %

Desired Background and Qualifications

The ideal candidate will possess:

· Strong organizational skills and exceptional attention to detail.

· A strong sense of urgency and the ability to work in a fast-paced, rapidly changing environment.

· Exceptional attention to detail, ability to initiate, plan and prioritize.

· Excellent interpersonal, verbal and written, communication skills as this position will be interacting with outside vendors and DCs as well as other internal departments.

· Willingness to function both independently and as part of a broader team.

· Proficiency in Microsoft Word and basic Excel is a must. Pivot tables and vlookups is a plus.

· Business Central/Dynamics is a plus.

Job Type: Full-time

Pay: $65,000.00 - $70,000.00 per year

Benefits:

• 401(k)
• Employee assistance program
• Employee discount
• Flexible spending account
• Health savings account
• Tuition reimbursement

Schedule:

• Monday to Friday

Work Location: Hybrid remote in New York, NY

Salary : $65,000 - $70,000