Inventory & Cost Analyst

Description

About INNIO Group:

INNIO Group is a global distributed energy solutions provider that delivers reliable, flexible, transient, decentralized, modular and efficient power. With a track record of innovation, INNIO designs, manufactures and services high‑performance power systems under its Jenbacher and Waukesha brands. The company delivers power for applications including data centers, microgrids, grid stabilization, industrial energy and gas compression. INNIO employs over 5,000 people worldwide and is committed to moving energy forward.

Role Summary:

The Inventory & Cost Analyst will support the Operations Finance organization with a strong focus on inventory accounting, cost analysis, standard costing, reporting, and planning activities. You will own and execute key finance processes related to inventory and manufacturing costs, ensure accurate financial reporting, and provide analytical support for budgeting, forecasting, and operational decision-making.

You will work closely with business partners across Finance, Operations, and Product Management to improve transparency, maintain strong financial controls, and support the business with relevant insights on inventory and cost.

This is a unique opportunity to join a new location during a period of growth and take an active role in establishing processes, supporting operations, and influencing how the business evolves.

Essential Responsibilities:

• Perform and coordinate monthly inventory accounting activities, including account reconciliations, subledger closing and related entries
• Prepare and review inventory-related accruals and adjustments, covering areas such as inbound freight, goods in transit, inventory revaluations, obsolescence reserves
• Own and maintain standard cost related processes, including ongoing standard cost updates, roll-ups, and updates in the ERP system
• Support and coordinate physical inventory count processes and related financial follow-up
• Review inventory balances and prepare regular reporting, including units on hand reporting and other inventory-related analyses
• Support cost of quality tracking, reporting, budgeting, and forecasting activities
• Perform WIP job closing and variance analysis and support non-standard cost adjustments as required
• Ensure strong financial controls and compliance with accounting policies, internal guidelines, and reporting requirements
• Partner with stakeholders across Finance and Operations to identify improvement opportunities and support business decisions with clear financial analysis

Qualifications/Requirements:

• Bachelor’s degree in Finance, Accounting, Controlling, Business Administration, or a related field
• 3-5 years of experience in finance, controlling, cost accounting, or inventory accounting
• Strong understanding of accounting concepts, inventory processes, and manufacturing finance
• Experience with standard costing, budgeting, forecasting, and variance analysis
• Good ERP system knowledge; Oracle or other ERP experience is an advantage
• Strong Excel skills and confidence working with large data sets; BI skills are a plus
• Structured, analytical, and hands-on working style with strong attention to detail
• Strong communication skills and ability to work effectively with cross-functional stakeholders
• Visa Sponsorship: This role is not eligible for visa sponsorship now or in the foreseeable future.

Compensation Range: $108,560 - $162,840 (Varies depending on relevancy of experience, technical certifications and other job-related criteria).

What We Offer:

• Medical, dental, and vision benefits
• Life insurance and long-term disability coverage
• Flexible Spending and Health Savings Accounts
• Paid time off and 14 paid holidays
• 401(k) retirement savings program

INNIO uses artificial intelligence to help assess applications for this position. This includes an AI-supported tool that compares résumé information against the job description, and, to the extent applicable for this role, AI-scored skills assessments provided by a third-party assessment vendor. The outputs of these tools inform the review of applications by our recruiters, but hiring decisions are made by INNIO’s recruiters and hiring managers.  For more information, please see our Job Applicant Privacy Notice and Pre-Use Notice.

INNIO offers a great work environment, professional development, challenging careers, and competitive compensation. INNIO is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status or any other characteristics protected by law.