Senior Manager, Inventory & Cost Accounting

Accelerate the possible by joining a winning Amcor team that’s transforming the packaging industry and improving lives around the world.

At Amcor, we unpack possibility through our innovative and responsible packaging to provide solutions that benefit our customers, our people and our planet. More than 10,000 consumers worldwide encounter our products every second and rely on us for safe access to food, medicine and other goods. We value their trust by making safety our guiding principle. It’s our core value and integral to how we do business.

Beyond this core principle, our shared values and behaviors unite us as we work together to elevate customers, shape lives and protect the future. We champion our customers and help them succeed. We play to win - adapting quickly in an everchanging world - and make smart choices to safeguard our business, our communities and the people we serve for generations to come. And we invest in our world-class team, empowering our colleagues to unpack their potential, because we believe when our people grow, so does our business.

To learn more about playing for Team Amcor, visit www.amcor.com I LinkedIn I Glassdoor I Facebook I YouTube

Job Description

Position Overview:

This role is part of the Amcor Rigid Packaging Accounting Shared Services leadership team and reports to the Business Group Controller. The role is responsible for managing all aspects of inventory accounting, including managing complex raw material (resin) pass through arrangements with customers, resin payables supervision, resin inventory valuation, overhead costing, inventory policy and internal controls as well as supporting the business by analyzing inventory costs and trends, working with procurement and business groups on forecasts and analytics, and supporting working capital/cash flow forecasts. The role requires the successful candidate to manage multiple conflicting demands and to work effectively with a variety of stake holders.

Essential Responsibilities and Duties:

General Responsibilities

• Lead ARP North America shared service inventory function supporting three Business Units and more than 25 plants
• Act as a change agent within ARP finance community identifying and driving best practices, promoting the implementation of new requirements and driving process improvements
• Provide sound financial and economic advice to key stakeholders on inventory related matters

Account Support

• Manage resin accounting by providing guidance and leadership in the areas of PPV calculation, resin inventory and payables valuation
• Manage process for maintaining, reviewing and analyzing overhead costs in ending inventory
• Work with Commercial Finance teams on new (or revised) resin pricing; ensure prices are implemented correctly and timely in accordance with contracted resin market price movements
• Collaborate with Procurement and Business Finance providing timely and detailed analysis related to impact of resin prices on company profitability and quantifying resin related savings.
• Support and account for raw material derivatives; coordinate with Commercial Finance teams and local procurement team (along with corporate procurement team in Zurich, Switzerland)
• Manage, review and update cost standards for resin and other materials on annual basis
• Research resin market trends and communicate key pricing changes or market movements to ARP Finance and Commercial leadership teams
• Oversee resin PPV monthly forecasting and yearly budgeting process; provide detailed analysis/bridges and commentary covering year-over-year and operating plan variances
• Partner with procurement teams on sourcing initiatives and ensure data integrity of profitability and financial modeling
• Manage special projects and drive process improvement initiatives, as needed
• Other tasks, ad-hoc financial analysis and special projects as they arise
• Lead M&A integration activities as needed, including system implementations, for the above areas and work with a cross-functional team

Compliance Process / Coordination:

• Establish, monitor, and enforce internal controls and ensure compliance with policies and procedures
• Ensure transactions correctly reflect the legal / tax structure of our various domestic and international subsidiaries
• Support internal and external audits and activities related to Amcor’s quarterly reporting periods and statutory close requirements
• Review and approve journal entries and account reconciliations, ensure month end reporting activities are performed timely and accurately
• Work with Group Treasury in identifying and managing FX risk in the respective areas.

Team Leadership & Talent Development:

• Lead, manage and develop a team of three accounting professionals
• Attract, retain, engage, motivate and develop bench strength within the team to enable internal promotion and transfer as opportunities arise

Qualifications:

• Bachelor’s degree in Accounting or Finance required. Master’s degree in Accounting / Finance is preferred as well as CPA or CMA designation.
• 10-15+ years of increased responsibility within inventory / cost accounting in a large, complex, multi-location manufacturer (preference given to candidates with US Public Company experience)
• Strong general accounting skills, including a thorough understanding of US GAAP inventory rules and requirements
• Strong systems aptitude with preference given to candidates with SAP ERP. SAP BPC and SAP Business Objects experience
• Good business understanding of the commodity markets, preferably the petro-chemical value chain.
• Strong Microsoft office skills (especially MS Excel) required.
• Understands financial statement relationships between balance sheet, income and cash flow statements; demonstrated experience developing / modeling financial statements
• Excellent oral and written communication skills; capable of clearly articulating thoughts
• Unrelenting integrity and ethics
• Professional with strong overall business acumen
• Effective team player who interacts well with others
• Ability to multi-task, meet strict deadlines and work under pressure
• Occasional travel (less than 5%)

Competencies:

Amcor Leadership Framework Competencies

3-5 Applicable ALF Competencies:

• Drive for Results
• Customer Focus
• Learning on the fly
• Organizational awareness
• Managerial courage

Relationships:

• Reports to Business Group Controller
• Manage a team of accounting professionals
• Partners with the following internal customers/ other colleagues
• Business Unit FP&A, Commercial Finance and Commercial teams
• Procurement and Supply Chain teams
• Assistant Business Group Controller
• Sr. Manager, Transaction Accounting
• Sr. Manager, Internal Controls and Compliance

The information contained herein is not intended to be an all-inclusive list of the duties, responsibilities, skills and/or abilities.

Our Expectations

We expect our people to be guided by The Amcor Way and demonstrate our Values every day to enable the business to win. We are winning when:

• Our people are engaged and developing as part of a high-performing Amcor team
• Our customers grow and prosper from Amcor’s quality, service, and innovation
• Our investors benefit from Amcor’s consistent growth and superior returns
• The environment is better off because of Amcor’s leadership and products

Equal Opportunity Employer/Minorities/Females/Disabled/Veterans/SexualOrientation/Gender Identity

Amcor is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

If you would like more information about your EEO rights as an applicant under the law, please click on the "Know Your Rights: Workplace Discrimination is Illegal" Poster. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call 224-313-7000 and let us know the nature of your request and your contact information.

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Benefits

When you join Amcor, you will have access to a comprehensive benefits and compensation package that includes:

• Medical, dental and vision plans

• Flexible time off, starting at 80 hours paid time per year for full-time salaried employees

• Company-paid holidays starting at 8 days per year and may vary by location

• Wellbeing program & Employee Assistance Program

• Health Savings Account/Flexible Spending Account

• Life insurance, AD&D, short-term & long-term disability, and voluntary benefits

• Paid Parental Leave

• Retirement Savings Plan with company match

• Tuition Reimbursement (dependent upon approval)

• Discretionary annual bonus program (initial eligibility dependent upon hire date)