Inventory Accountant at Canadian Bank Note Company, Limited in Ottawa, ON, Canada

Job description

• Job Title: Inventory Accountant
• Job Type: Permanent, Full-time
• Job Location: Ottawa, ON
• Work Model: On-site (some flexibility for occasional remote days)
• Job Status: Existing Vacancy
• As an Inventory Accountant, you'll safeguard the accuracy and financial integrity of inventory across Canadian Bank Note Company's secure manufacturing environments. Responsibilities include monitoring inventory transactions, reconciling balances, analyzing variances, supporting month-end and year-end reporting, and maintaining compliance with internal controls.
• Partnering with Production, Supply Chain, Operations, and Finance, you'll provide financial insight into inventory performance, drive process improvements, and help protect high-value materials throughout their lifecycle.

Responsibilities

• Operational & Business Understanding
• Develop a strong understanding of CBN’s products, manufacturing processes, and inventory flows.
• Build detailed knowledge of inventory components and how they support the production of secure document solutions.
• Financial Analysis & Reporting
• Lead all month-end inventory close activities, ensuring accuracy, completeness and adherence to timelines.
• Partner with operations, supply chain, and procurement teams to ensure timely and accurate recording of inventory movements and consumption.
• Perform ongoing inventory analysis, including aging, turnover, and reserve assessments, to identify obsolete or slow-moving inventory.
• Investigate variances, trends and anomalies; collaborate with the business to implement corrective actions.
• Oversee and coordinate annual physical inventory counts and periodic cycle counts, including audit support and documentation.
• Strengthen and maintain internal controls over inventory processes and reporting.

Requirements

• Legally eligible to work in Canada
• Fluent in English
• Able to obtain (in a timely manner) and maintain Government of Canada Secret (Level II) Security Clearance
• College diploma in Accounting, Finance, Economics, Business Adminstration or equivalent relevant work experience
• Proficiency in O365 (Excel, Word, Outlook, Teams, SharePoint)
• Intermediate Excel skills (formulas, vlookup, sumif, etc.)
• 2+ years of progressive experience in finance or accounting positions
• Strong analytical and problem-solving skills
• High attention to detail and data accuracy
• Ability to manage multiple priorities and meet deadlines
• Effective communication and collaboration skills
• Continuous improvement mindset with a focus on process efficiency
• Bachelor’s in Accounting, Finance, Economics, Business Administration
• Cost and management accounting
• Financial reporting and reconciliations
• ERP Experience (D365 F&O)

Skills

Preferred

• ERP Experience (D365 F&O)