Inventory Accountant

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

Position Summary

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.

Qualifications

Mandatory 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

Minimum Qualifications

• 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

Preferred Qualifications

• Bachelor’s in Accounting, Finance, Economics, Business Administration
• Knowledge and experience in the following areas:
  • Cost and management accounting
  • Financial reporting and reconciliations
  • ERP Experience (D365 F&O)

Key Competencies

• 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

Additional Information

Equal Opportunity Statement

Our organization is committed to employment equity and diversity in the workplace. We actively encourage applications from women, Indigenous Peoples, persons with disabilities, members of visible minorities, and LGBTQ2+ individuals.

We are dedicated to removing barriers and fostering an inclusive workplace that reflects society and we are committed to providing an accessible and inclusive recruitment process in accordance with the Accessibility for Ontarians with Disabilities Act (AODA).

If you require accommodation at any stage of the hiring process, please contact us at recruitment@cbnco.com so that appropriate arrangements can be made.

AI Use in Recruitment Statement

As part of our commitment to transparency and fairness in hiring, we disclose that artificial intelligence (AI) tools may be used at certain stages of our recruitment process. These tools assist in tasks such as resume screening, candidate matching, and interview scheduling. All AI-assisted decisions are subject to human oversight to ensure fairness, accuracy, and compliance with applicable laws.

We are committed to the responsible, transparent, and accountable use of AI, in alignment with Ontario’s Responsible Use of Artificial Intelligence Directive and the requirements under the Working for Workers Four Act. This includes taking steps to mitigate bias, protect candidate privacy, and ensure that AI does not unfairly influence hiring outcomes.

If you have questions or concerns about how AI is used in our hiring process, please contact us at recruitment@cbnco.com .