Sr Director, Principal, Inventory & Costing (PIC) COE

Key Responsibilities

Product Costing & Transfer Pricing Leadership

• Own the global product costing strategy, governance, and operating model including annual and periodic standard cost updates.
• Ensure accurate standard costing, actual costing, variance analysis, and cost roll processes.
• Develop protocols for cost accounting activities related to new product launches, sourcing changes, footprint optimization, and manufacturing transfers.
• Partner with Corporate Tax to establish and maintain compliant transfer pricing methodologies.
• Ensure accurate financial execution of intercompany pricing and cross-border transactions.
• Lead implementation and monitoring of transfer pricing policies across global entities.

Intercompany Accounting & Transactional FX Accountability

• Monitor and maintain KPIs associated with Profit-in-Inventory requirements including reserve threshold tolerance, cost / price system SKU matching, timing, etc.
• Closely monitor and coordinate with owners of GRIR, in-transit, and other related reconciliations in GBS organizations to ensure accuracy across the balance sheet where offsets occur.
• Operationalize strategies for automation and process improvements across flows to minimize transactional cost of maintenance.
• Ensure FX impacts of intercompany accounting are correctly reflected in the P&L and balance sheet.
• Accountable for transactional FX forecast and budget ensuring both intercompany and key exposures are loaded timely and accurately to ensure effective coordination with Treasury on hedge programs.

Partner on Financial Flow Impacts Related to Tariffs

• Partner with financial leadership, including Tariff Finance, for tariff mitigation and recovery initiatives, translating regulatory and business changes into timely accounting, forecasts, scenario analyses, and executive insights.
• Educate and/or escalate financial flow or physical flow changes to Tariff Finance and Global Trade teams to influence optimized end-to-end cost scenarios where relevant.

Financial Reporting & Compliance

• Ensure integrity of inventory, cost accounting, and intercompany balances reported in external and internal financial statements.
• Review and approve key journal entries, account reconciliations, and balance sheet analyses.
• Maintain strong SOX and internal control compliance.
• Support audit activities including data requests, remediation activities for audit findings / control deficiencies, and consistent documentation storage and collection.
• Partner with Corporate Accounting and External Auditors on technical accounting matters.

Business Partnership & Strategic Support

• Act as a trusted advisor to Integrated Supply Chain, Business Unit, Region, and Tax leadership.
• Support strategic initiatives including acquisitions, divestitures, ERP implementations, and finance transformations.
• Global ISC Finance expert consultant for physical and financial flows; monitor changes both planned and unplanned for engagement and escalation of financial risks / opportunities.
• Partner with broader ISC Finance organization to provide inputs and influence network redesigns, sourcing strategies, legal entity changes, and production footprint decisions for optimized financial success.
• Deliver meaningful business insights through cost and profitability analytics.

Organization Leadership

• Lead and develop a high-performing global team of costing, inventory, and transfer pricing professionals.
• Manage talent virtually.
• Establish clear performance expectations, development plans, and succession strategies.
• Promote standardization, automation, and continuous improvement across global processes.
• Drive adoption of digital tools, analytics, and AI-enabled solutions to improve efficiency and decision-making.