Controller I, Inventory Business Control

Controller 1, Inventory Business Control is responsible for ensuring the integrity, accuracy, and completeness of inventory accounting and reporting. The role supports month-end and quarter-end closing activities, drives inventory controls, partners with Business Units (BU) and Operations, and ensures compliance with corporate governance and audit requirements.

In the semiconductor equipment industry, where component lead times can span months, inventory values are substantial, and logistics networks span multiple continents, this role provides essential financial rigor. The role ensures that inventory is accurately valued, that excess and obsolescence risks are proactively identified and reserved, that freight and logistics costs are tightly controlled, and that working capital is continuously optimized. The role partners closely with Manufacturing Finance, Procurement Finance, and FP&A to deliver integrated financial insight across the supply chain.

• →Perform monthly inventory reconciliation between ASM SAP systems, including Finished Goods (FG).
• →Analyze variances by reconciling Difference Analyzer with Inventory Overview reports and resolve discrepancies timely.
• →Consolidate reporting in Power BI (PBI) and review with the Inventory Planning Team.
• →Monitor and manage Work-in-Progress (WIP) inventory
  • →Coordinate with BU Teams on status updates and ensure timely closure/TECO of WBS items aged > 6 months 
  • →Consolidate WIP files and support Legal Entity (LE) review
• →Manager IA & Scrap reporting
  • →Extract reports for Logistics validation
  • →Perform posting checks in SAP S/4 across manufacturing plants
• →Track GSN and ensure proper utilization of Excess & Obsolete (E&O) provisions via journal entries
• →Consolidate data in BlackLine for reporting and reconciliation.
• →Perform review and validation of GSN and IA submissions in SAP.
• →Manage cycle count and physical inventory count programs, coordinating with warehouse operations and auditors to ensure inventory accuracy and SOX compliance
• →Ensure proper accounting treatment for inventory receipts, transfers, returns, scraps, and adjustments in compliance with IFRS and company policy

• Prepare and post journal entries, including:
  • E&O write-offs and monthly provisions
  • Inventory valuation reclassifications
  • IA & Scrap adjustments
  • Other ad hoc entries as required
• Conduct P&L review to ensure accuracy of inventory-related impacts
• Prepare monthly reporting slides covering:
  • Global Operations working capital performance
  • Inventory updates for BU Finance
• Support BU Finance requests, including:
• Raw material, WIP, and FG reporting (FEMS extracts)

• Drive actions in inventory integrity meetings.
• Ensure resolution of SLOC aging items.
• Perform reconciliation on MBLB
• Ensure MRB (Material Review Board) reviews in place
• Identify and mitigate upcoming inventory discrepancies.

• Consolidate and review E&O provisions, including GSN tracking.
• Prepare PBI reports and review with stakeholders.
• Support (FCF) self-assessment and GRC uploads: Inventory controls, Cycle counts, ABC indicator updates
• Prepare corporate reporting submissions: E&O movement by material, Quarterly P&L impact, Year-to-date balance sheet positions, Commentary on significant variances

• Maintain and continuously strengthen SOX controls over inventor
• Support internal and external audits related to inventory valuation, E&O reserve adequacy
• Support external audits through coordinating and attending stock counts, preparing stock listings and ensuring proper cut-off documentation with warehouse teams, responding to audit queries
• Handle ad hoc inventory-related requests.
• Drive process improvements in inventory reporting, reconciliation, and controls.
• Collaborate with cross-functional teams (Finance, Logistics, Operations) to enhance data accuracy and efficiency

• Minimum Degree in Accounting, ACCA, CPA or CMA
• Strong understanding of inventory accounting and cost control.
• Minimum 6 years of finance/controlling experience, relevant experience in manufacturing finance roles
• Knowledge of internal controls and compliance (GRC, audit)
• Ability to work under tight deadlines during closing cycles
• Experience with ERP systems (SAP) in a manufacturing context, advanced analytics tools (Power BI, Tableau), advanced Excel and financial modeling
• Demonstrated ability to partner with cross-functional teams in fast-moving, technology-driven organizations.
• Excellent analytical, problem-solving, and communication skills with the ability to translate complex financial data into actionable business insights.
• High level of integrity, attention to detail, and ability to thrive under pressure in a dynamic industry
• Semi-conductor industry experience or a similar high technology environment

We make the tech that enables the chips in devices which improve lives around the world. We do this with an eye to the future, pushing the boundaries of what’s possible through cutting-edge innovation, and driving the next wave of technological breakthroughs that shape how we live, work, and connect.

To learn more about ASM, find us at asm.com and on LinkedIn, Facebook, Instagram, X and YouTube.

ASM is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, age, nationality, social or ethnic origin, sexual orientation, gender, gender identify or expression, marital status, pregnancy, political affiliation, disability, genetic information, veteran status, or any other characteristic protected by law.