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Senior Inventory Analyst Jobs in Covington, IN (NOW HIRING)

Watchfire Signs LLC

FP&A Manager

Danville, IL · On-site

This role will serve as a key partner to the CFO and senior leadership, providing insight into ... Analyze standard costing, labor efficiency, overhead absorption, and inventory trends * Support ...

Watchfire

FP&A Manager

Danville, IL · On-site

This role will serve as a key partner to the CFO and senior leadership, providing insight into ... Analyze standard costing, labor efficiency, overhead absorption, and inventory trends * Support ...

ThyssenKrupp

Maintenance

Danville, IL · On-site

$70K - $80K/yr

A senior level of experience and technical knowledge is expected for this role. Must be willing to ... Continual analysis of: downtime data, machine component failures, spare parts inventory, support ...

All JobsInventory Analyst JobsSenior Inventory Analyst JobsSenior Inventory Analyst Jobs in Covington, IN

Senior Inventory Analyst information

See Covington, IN salary details

$46.9K

$99.2K

$126.3K

How much do senior inventory analyst jobs pay per year?

As of Sep 1, 2026, the average yearly pay for senior inventory analyst in Covington, IN is $99,191.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,100.00 and $112,700.00 per year, depending on experience, location, and employer.

How does a senior inventory analyst collaborate with other departments to optimize inventory management?

A Senior Inventory Analyst regularly works cross-functionally with teams such as procurement, supply chain, sales, and finance to ensure inventory levels are aligned with business goals. This collaboration involves analyzing sales forecasts, monitoring stock levels, and coordinating with procurement to avoid shortages or overstock situations. Effective communication and data sharing are crucial, as the Analyst often leads meetings to review inventory trends and suggest process improvements. This role also involves supporting inventory audits and implementing strategies to enhance efficiency across departments.

What are the key skills and qualifications needed to thrive as a senior inventory analyst, and why are they important?

To thrive as a Senior Inventory Analyst, you need expertise in inventory management, data analysis, and forecasting, often supported by a bachelor’s degree in supply chain, business, or a related field. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and possibly APICS or CPIM certification are typically required. Strong attention to detail, problem-solving abilities, and effective communication are vital soft skills in this role. These competencies ensure accurate inventory levels, cost efficiency, and seamless coordination with cross-functional teams, all of which are crucial for operational success.

How much do senior inventory analysts make in the US?

Senior inventory analysts in the US typically earn between $60,000 and $90,000 annually, with the median salary around $75,000. Compensation varies based on experience, industry, location, and company size, and professionals often use tools like Excel and inventory management software in their roles.

Is a senior inventory analyst a hard job?

A senior inventory analyst role involves analyzing inventory data, optimizing stock levels, and using tools like ERP systems, which can be demanding due to the need for accuracy, attention to detail, and problem-solving skills. The job may require working under tight deadlines and managing complex data, but it is generally manageable with experience and proper training.

What does a senior inventory analyst do?

A senior inventory analyst manages and analyzes inventory levels, forecasts demand, and optimizes stock to ensure efficient supply chain operations. They use data analysis tools and collaborate with procurement and logistics teams to maintain accurate inventory records and reduce costs.

What cities near Covington, IN are hiring for Senior Inventory Analyst jobs?

Cities near Covington, IN with the most Senior Inventory Analyst job openings:

Senior Inventory Analyst jobs near you
Infographic showing various Senior Inventory Analyst job openings in Covington, IN as of August 2026, with employment types broken down into 78% Full Time, 19% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $99,191 per year, or $47.7 per hour.

FP&A Manager

Watchfire Signs LLC

Danville, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 19 days ago

Job description

Role Overview

Watchfire is seeking an experienced FP&A Manager to lead financial planning, forecasting, and performance analysis for a PE-backed manufacturing business. This role will serve as a key partner to the CFO and senior leadership, providing insight into financial performance, operational drivers, and forward-looking decision support.

In addition to core FP&A responsibilities, this role will manage the Project Estimation function, ensuring accurate costing, margin visibility, and alignment between estimating, operations, and finance.

 

Key Responsibilities

Financial Planning & Forecasting

  • Own the annual budget, quarterly reforecast, and long-range planning processes
  • Develop rolling forecasts for revenue, EBITDA, capital expenditures, and cash flow
  • Partner with operations and sales to understand volume, backlog, pricing, and margin drivers

Management Reporting & Analysis

  • Prepare monthly management reporting with clear variance analysis and insights
  • Track and analyze KPIs across manufacturing, gross margin, SG&A, and working capital
  • Identify risks and opportunities and provide actionable recommendations

Manufacturing & Costing Focus

  • Analyze standard costing, labor efficiency, overhead absorption, and inventory trends
  • Support margin improvement initiatives through detailed product, project, and customer analysis
  • Ensure financial alignment between estimating assumptions and actual results

Project Estimation Management

  • Manage the Project Estimation function, including oversight of estimating accuracy and processes
  • Partner with Operations and Sales to ensure estimates reflect true cost structure and capacity realities
  • Analyze estimate vs. actual performance and drive continuous improvement in bidding accuracy

PE & Executive Support

  • Support CFO with board materials, lender reporting, and PE sponsor requests
  • Provide ad hoc analysis related to capital investments, operational initiatives, or M&A activity

Systems & Process Improvement

  • Improve FP&A and estimation models, tools, and reporting
  • Leverage ERP and financial systems to enhance forecasting accuracy and visibility
  • Standardize and automate reporting where possible
 

Required Qualifications

  • Bachelor’s degree in Accounting
  • CPA designation
  • 5–8+ years of experience in FP&A within a manufacturing environment
  • Strong financial modeling and Excel skills
  • Experience working with standard costing, inventory, and operational metrics
  • Ability to communicate financial insights to non-financial leaders

Preferred Qualifications

  • Experience in a PE-backed or leveraged environment
  • Prior experience supporting project-based or engineered-to-order manufacturing

Benefits

  • Medical
  • Dental
  • Vision
  • Company Paid Life/ADD
  • Voluntary Life/ADD
  • Dependent Life/ADD
  • 401k with Employer Match
  • Vacation
  • Personal Time

*Watchfire is an Equal Opportunity Employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.