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neogen·1 day ago

Finance Manager – Product Line Profit & Inventory

Birmingham, United States of AmericaFull-timeMid · 5-10 yearsH1B likely

About this role

It's fun to work in a company where people truly believe in what they are doing!

The Finance Manager, Product Line Profit and Inventory is responsible for driving financial visibility, analysis, and performance improvement across product lines, inventory, and material costs. This role partners closely with operations and inventory leadership to deliver actionable insights, improve profitability, and optimize cost efficiency across the organization.

Position Summary

The Finance Manager - Product Line Profit and Inventory is responsible for driving financial visibility, analysis, and performance improvement across product lines, inventory, and material costs. This role partners closely with operations and inventory leadership to deliver actionable insights, improve profitability, and optimize cost efficiency across the organization.

Key Responsibilities

Product Line P&L Analysis

  • Lead full product line P&L profitability analysis, including revenue, cost, and margin performance

  • Oversee data gathering and validation processes, including reconciliation of key financial inputs

  • Partner with cross-functional operating teams to identify key performance drivers and recommend performance improvement actions

  • Provide insight into all cost components impacting product margins with a focus on growing gross profits and gross profit margins

Inventory and Inventory Write-Off Analysis and Optimization

  • Lead analysis and collaborate with Inventory Management Director on inventory performance, efficiencies, and measurement

  • Develop enhanced reporting and analysis for Inventory Write-offs, including by region and by reason code

  • Identify trends and insights of inventory write-offs, providing recommendations to reduce write-offs and waste

  • Partner with the Inventory Management Director, Supply Chain, and the Blackbelt teams to leverage the inventory write-off workshop process improvements workstream and to drive insights and decision-making

  • Support optimization initiatives to improve inventory accuracy, turnover, and value realization

Material Cost Efficiency and Purchase Price Variance (PPV)

  • Conduct analysis of material costs and purchase price variance across product lines and manufacturing sites

  • Collaborate with cost accounting on enhanced reporting and insights on variances

  • Partner with sourcing and Supply Chain management on opportunities for cost savings and efficiency improvements in sourcing and procurement

Required Qualifications

  • Bachelor's degree in Finance, Accounting, Supply Chain, or a related field

  • Progressive experience in financial analysis, cost accounting, or inventory analytics

  • Strong understanding of product P&L structures and cost drivers

  • Experience working cross-functionally with operations, inventory management, or supply chain teams

  • Advanced analytical and data interpretation skills

Key Competencies

  • Financial and business acumen

  • Data-driven decision making

  • Cross-functional partnership and influence

  • Problem-solving and root cause analysis

  • Continuous improvement mindset

Why Neogen?

At Neogen we believe that taking care of our employees allows them to do their best work. When you join our team, you'll enjoy competitive benefits and the opportunity to make a meaningful difference every day.

Benefits include:

  • Benefits starting on Day One – Medical, dental, and vision coverage begin on your first day of employment.

  • 401(k) with company match – Invest in your future with retirement savings and company contributions.

  • Paid Time Off (PTO) – Enjoy generous paid time off so you can rest, recharge, and spend time with those who matter most.

  • Career Growth Opportunities – We are committed to promoting from within and providing the tools, training, and support to help you grow your career.

  • Meaningful Work – Be part of a team whose work has a real impact on our customers, communities, and the world around us.

  • Collaborative Culture – Join a team that values innovation, respect, teamwork, and continuous improvement.

Come build your future with us while making a difference every day.

#Applynow

Come Be Part Of A Mission that Matters!

From inside the farm gate to our dinner plates, Neogen protects the world’s food supply. Through a variety of animal healthcare products, to food safety solutions for dangerous bacteria, allergens, toxins, drug residues and much more, Neogen is there — and you can be too.