As the Head of Inventory Finance & Purchasing at Creative Chaos, you will oversee the financial planning and purchasing strategies that relate to inventory management. This includes ensuring the alignment of inventory levels with company objectives, optimizing procurement processes, and analyzing financial data related to inventory expenses to drive cost efficiencies. Your expertise in finance, combined with strong negotiation skills, will play a key role in maintaining an effective supply chain while maximizing profitability.
Duties & Responsibilities:
Core Responsibilities
End-to-End Purchasing Management
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Own all purchasing activities across multiple product categories: nicotine products, non-nicotine products, accessories, apparel, POS materials, marketing collateral, and future product lines.
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Source, evaluate, and manage multiple global vendors; negotiate pricing, terms, MOQs, and lead times.
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Create and manage all POs, track confirmations, and follow up on delays, discrepancies, and quality issues
Vendor, Manufacturing & Logistics Coordination
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Coordinate with international vendors, manufacturers, freight forwarders, and warehouse partners.
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Track production timelines, shipping schedules, customs clearance, and delivery milestones.
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Escalate any risks to supply continuity and propose mitigation plans proactively.
Inventory Planning & Forecast Alignment
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Partner closely with FP&A to translate SKU-level revenue forecasts into purchase plans and replenishment schedules.
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Build and maintain inventory models to prevent stockouts and avoid overstock
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Monitor inbound inventory, open POs, transit times, and safety stock levels.
Inventory Monitoring, Controls & Reporting
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Actively monitor inventory levels across all warehouses and 3PLs; identify hot spots, aging stock, and at-risk items.
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Produce weekly and monthly inventory reports for management with actionable insights.
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Flag and escalate issues involving shrinkage, discrepancies, expiry, or inaccurate receiving.
. Inventory Lifecycle & Accounting Ownership
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Oversee the full lifecycle: receiving, costing, landed cost allocation, valuation, reconciliations, and adjustments.
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Ensure accurate month-end close in QBO and all Shopify-integrated systems.
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Maintain alignment between warehouse systems, ERP tools, Shopify, and finance.
Systems Implementation & Optimization
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Lead the setup, configuration, and continuous improvement of inventory management platforms (ERP/WMS).
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Ensure proper workflows, controls, item master data standards, and clean data migration.
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Develop SOPs for purchasing, receiving, cycle counting, and inventory adjustments.