Neogen

Finance Manager - Product Line Profit & Inventory

Neogen$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

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

Responsibilities

  • Lead product line P&L profitability analysis covering revenue, cost, and margin performance
  • Oversee data gathering and validation for key financial inputs
  • Collaborate with operating teams to identify performance drivers and suggest improvements
  • Provide insights into cost components impacting product margins
  • Analyze inventory performance and collaborate with Inventory Management Director
  • Develop reporting for inventory write-offs by region and reason
  • Conduct material cost analysis and support cost-saving initiatives

Benefits

  • 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 to rest and recharge.
  • Career Growth Opportunities - Commitment to promoting from within with training and support.
  • Meaningful Work - Contribute to a team making a real impact on customers and communities.
  • Collaborative Culture - Join a team valuing innovation, respect, teamwork, and improvement.
Full Job Description
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


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.

About Neogen

Neogen Corporation is a publicly traded company that develops and markets products for food and animal safety. The company was founded in 1982 and is headquartered in Lansing, Michigan. Neogen's products include diagnostic test kits for foodborne pathogens, allergens, and drugs, as well as veterinary instruments and pharmaceuticals. The company's customers include food and beverage producers, animal producers, and veterinary clinics. Neogen has operations in the United States, Canada, Mexico, Europe, and Asia. The company has been recognized for its innovation and has received numerous awards for its products and services.
Learn more about Neogen
Size
1,841 employees
Market Cap
$3.2 billion
Industry
Net Income
$60.2 million
Founded
1982
5 Year Trend
+8%
Revenue
$433.2 million
NASDAQ

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