What are the responsibilities and job description for the Inventory Control and SOX Compliance Manager position at Lantheus?
Description
Lantheus is headquartered in Bedford, Massachusetts with offices in Canada and Sweden. For more than 60 years, Lantheus has been instrumental in pioneering the field of medical imaging and has helped physicians enhance patient care with its broad product portfolio. In 2023, Lantheus had more than $1B in revenues, led by sales of imaging agents for cardiac ultrasound and for prostate cancer.
Lantheus is an entrepreneurial, agile, growing organization that provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions that empower clinicians to find, fight and follow disease. At Lantheus our purpose and values guide our behaviors in all interactions and play a vital role in creating a dynamic environment that contributes to our success. Every employee is crucial to our success; we respect one another and act as one knowing that someone's health is in our hands. We believe in helping people be their best and are seeking to bring together a diverse group of individuals with different viewpoints and skill sets to be a part of a productive and inclusive team.
Summary of role
The Inventory Controls and SOX Compliance Manager will be responsible for overseeing and optimizing the inventory management processes within the organization. This hands-on role will ensure accurate inventory records, minimizing discrepancies, and will implement best practices to support efficient supply chain operations. The Inventory Controls Manager will work closely with cross-functional teams (Quality, Manufacturing and Finance) to develop and enforce policies that enhance inventory accuracy and improve overall operational efficiency.
Key Responsibilities / Essential Functions
Inventory Management and Accuracy :
- Oversee daily operations to ensure accurate record keeping and reporting, utilizing SAP to maintain real time inventory tracking
- Management of expired material across internal warehouses, CMO's, 3PL's and Third-Party distributors
- Monthly CMO inventory reconciliations; investigating and resolving inventory discrepancies in a timely manner
- Management of the cycle counting program : ensure regular cycle counts are conducted in a timely manner and errors investigated to meet compliance targets, ABC coding evaluated annually to reflect business need requirements, analyze hit % accuracy
- Conduct full physical inventory audits as needed to validate inventory control
- Develop and conduct inventory training periodically to the Tech Ops organization
- Collaborate with Supply Chain Planning on periodic ROP / Safety Stock analysis for security of supply, ensuring the ERP system is reflecting correct information
SOX Compliance
Process Optimization
Reporting and Analytics
Other
Basic Qualifications
Other Requirements
Lantheus is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Lantheus is an E-Verify Employer in the United States.
LI HYBRID
