Inventory Manager

Job Details: Job Location: Charlotte

• Charlotte, NC, Salary Range: $55000.00 - $60000.00Salary/year, SUMMARY The primary purpose of the Inventory Manager is to ensure inventory accuracy through effective oversight of cycle counts, physical inventories, and reconciliation processes, while monitoring and improving internal controls related to inventory handling, storage, and movement. This role also collaborates closely with warehouse, operations, and finance teams to identify and resolve inventory discrepancies and support efficient product flow.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Design, develop and maintain internal control systems to minimize inventory variances.

• Review the results of daily cycle counts with the Controller and Warehouse Management to ensure a proper reconciliation. Act as a resource related to researching inventory variances. This includes specialized knowledge in areas such as PO Receipts, Location Moves, Transfers, Returns to Suppliers, etc. Maintain and meet expectations of inventory variances within the required monthly budget. Ensure daily inventory cycle counts are performed and all significant variances are investigated and resolved. Perform a minimum of 80 cycle counts per day, prioritizing items based on sales velocity to ensure full inventory coverage over the course of each month. In addition to daily cycle counts, perform targeted counts each day for items with prior variances, negative or low inventory, and those on the Old Beer Report, while conducting full dunnage and keg counts monthly and periodic weekend counts to maintain adequate inventory coverage. Review daily count results with the Controller and Warehouse Manager, addressing issues such as timely product put-aways, replenishment location moves, check-in process adequacy, and any other internal control concerns identified. Manage the physical inventory process which includes coordinating team, organizing the counting process, and researching variances identified. Conduct physical inventories at least three times per year, including year-end, and initiate an additional count within 30 days if inventory variance exceeds $5,000 within a rolling 60-day period. Advise purchasing manager of any excessive inventory positions. Cross-train warehouse management on cycle counts to ensure adequate coverage in your absence and for physical inventories. Maintain records of inventory adjustments (Phyvar/Breakage/Repack/etc..) as required by company policy. Perform other duties as assigned. Obey all federal, state and local laws. COMPETENCIES REQUIRED Problem Solving – Identifies and resolves problems in a timely manner; develops alternative solutions; uses reason even when dealing with emotional topics. Technical Skills – Strives to continuously build knowledge and skills; Shares expertise with others. Interpersonal – Listens to others without interrupting; remains open to others’ ideas and tries new things. Oral Communication – Speaks clearly and persuasively in positive or negative situations; responds well to questions; participates actively in all company meetings. Teamwork – Puts success of team above own interests; able to build morale and group commitments to goals and objectives; recognizes accomplishments of other team members. Managing People – Includes staff in planning, decision-making, facilitating and process improvement; takes responsibility for subordinates’ activities; makes self available to staff; continually works to improve supervisory skills. Business Acumen – Understands business implications of decisions; demonstrates knowledge of market and competition; aligns work with strategic goals. Organizational Support – Follows policies and procedures; supports organization’s goals and values; benefits organization through outside activities. Judgement – Displays willingness to make decisions; supports and explains reasoning for decisions. Motivation – Sets and achieves challenging goals; measures self against standard of excellence. Professionalism – Treats others with respect and consideration regardless of their status or position. Safety and Security – Observes safety and security procedures. COMPLEXITY OF DUTIES Duties are repetitive, and routine that involve the use of numerous established clerical and/or other general procedures involving average detail and variation where the employee is responsible for recognition of previously described sets or circumstances and correct choice of action within limits of standard practices and procedures, requiring the making of contingency decision and the use of some judgement. Degree: 2, Points: 30 SUPERVISION RECEIVED Under specific direction where definite objectives or goals are established requiring the use of a wide range of procedures and the employee plans and arranges own work and coordinates the work of others, referring only unusual cases to supervisor or others. Degree: 3, Points: 20 RESPONSIBILITY FOR ERRORS Probable errors are usually detected in succeeding operations and confined to a single department or phase of company activities. Most work verified or checked by systems and procedures, or supervision Degree: 2, Points: 10 CONTACT WITH OTHERS Contact with other persons within department or with other departments, and occasionally with persons outside the company on routine matters furnishing or obtaining information requiring only ordinary courtesy, tact and decorum. Degree: 2, Points: 10 CONFIDENTIAL DATA Work with some confidential data where the effect of any disclosure would be negligible or where the full import is not apparent in the routines performed. Degree: 2, Points: 10 MENTAL / VISUAL / AUDITORY DEMAND Routinely required close application of thought processes for sustained periods. May involve problems of correlation or application of reports, statistics, delivery routing, inventory management, etc. Degree: 4, Points: 20 WORKING CONDITIONS Undesirable working conditions. Exposed to noise, dust, heat, oils, fumes, and other elements with one continuously present to the extent of being disagreeable, or with several elements present to the extent of being disagreeable but usually not more than one at a time. Degree: 4, Points: 20 Total Points: 230 Grade: 4 PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties. While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear. The employee frequently is required to walk and sit. The employee is occasionally required to stand; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 100 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus. A job description, by its nature, cannot include every aspect of the job. Because of this, any function that would reasonably fall under the responsibility of the Inventory Manager is assumed and it is expected that they will act accordingly. The Inventory Manager will be expected to perform any other task not included in this job description requested by management.

Qualifications

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION

Basic training in an office or operations. Knowledge of basic office software and office technology, or warehouse/delivery technology. First-line production supervisors over semiskilled operations, and the like. Equivalent to 1-3 practical trades or training Degree: 2, Points: 30 EXPERIENCE Over 1 year up to and including 3 years. Degree: 4, Points: 80