Controllers Inventory Analyst job opportunity at 3M.

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DateMore Than 30 Days Ago bot
3M Controllers Inventory Analyst
Experience: 7-years
Pattern: full-time
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loacation IN, BANGALORE, India
loacation IN, BANGALORE....India

3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter. Job Description: Position Summary The Inventory Accounting Analyst will support U.S. inventory accounting activities within the PeopleSoft system as part of the Controllers COGS Center of Excellence. This full-time, role ensures the integrity of inventory-related accounts through reconciliations, reporting, data validation, and other accounting support tasks in alignment with 3M’s accounting policies and controls. The position plays an important role in maintaining high-quality financial information and supporting 3M’s month-end close and audit requirements. It requires strong analytical skills, attention to detail, and a collaborative approach to working with accounting, operations, and global finance teams. Key Responsibilities Perform monthly inventory account reconciliations within the PeopleSoft system. Investigate GRIR account differences to ensure proper clearing and accurate inventory accounting, including adding and maintaining freight and duty rates as part of regular review activities. Prepare journal entries and maintain supporting documentation for inventory-related adjustments. Generate recurring reports to provide visibility into account balances and reconciliation metrics. Assist with intercompany inventory activities by responding to requestor questions, resolving buyer-related issues, and helping ensure accurate costs are reflected for intercompany purchases. Assist with intercompany inventory activities by addressing buyer-related issues, coordinating with global partners, and ensuring accurate transfer pricing and inventory transaction alignment. Maintain compliance with internal accounting policies, controls, and SOX documentation standards. Perform security setups for inventory accounting systems and reporting tools, ensuring appropriate access and user distribution. Send, monitor, and follow up on key inventory accounting data and reports, including SOX-related information, to ensure timely and accurate distribution and completion. Perform other miscellaneous inventory accounting tasks as assigned to support month-end close and process improvement initiatives. Identify and support opportunities to enhance efficiency through automation and continuous improvement. Qualifications Bachelor’s degree in Accounting, Finance, or a related field required. 4–7 years of accounting or reconciliation experience; exposure to PeopleSoft or other ERP systems preferred. Strong Excel and data analysis skills. Highly detail-oriented, organized, and able to meet deadlines. Team-oriented with effective communication skills and a willingness to learn. Performance Expectations Deliver accurate and timely reconciliations each month. Maintain compliance with U.S. GAAP and internal control requirements. Collaborate effectively across teams and demonstrate initiative in continuous improvement efforts. Growth and Development Opportunity This position offers exposure to key financial processes within 3M’s Controllers Center of Excellence and provides a foundational understanding of inventory accounting in a global organization. Successful performance in this role can lead to opportunities for growth within accounting, reporting, and financial operations teams, as well as expanded involvement in system automation and process enhancement initiatives. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M. Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement. Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly. 3M Global Terms of Use and Privacy Statement Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at 3M are conditioned on your acceptance and compliance with these terms. Please access the linked document by clicking here , select the country where you are applying for employment, and review. Before submitting your application, you will be asked to confirm your agreement with the terms.

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