Inventory Control Specialist

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Miami, FL, US

ABOUT FTAI AVIATION LTD. (NASDAQ: FTAI)

FTAI owns and maintains commercial jet engines with a focus on the Maintenance, Repair and Exchange (MRE) of CFM
56 and V2500 engines. FTAI’s propriety portfolio of products, including The Module Factory and a joint venture to distribute engine PMA helps make CFM
56 and V2500 engine maintenance simpler, more cost-effective,

significantly faster, and more environmentally friendly. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

FTAI operates globally and has offices in New York, Miami, Montreal, Singapore. Dubai, United Kingdom and Ireland.

The Inventory Control Specialist is responsible for maintaining the accuracy, integrity, and traceability of inventory across FTAI’s local stockrooms and operating locations. This role focuses on executing and managing cycle count activities, reconciling physical inventory to system records, and conducting detailed investigations to identify and resolve inventory discrepancies.

The Inventory Control Specialist works closely with Materials, Operations, Quality, Supply Chain, and local stockroom personnel to ensure inventory is properly received, stored, transferred, issued, and accounted for throughout the inventory lifecycle. The role requires a understanding of inventory control principles and the unique traceability, documentation, and configuration requirements associated with aviation and CFM
56 engine maintenance, repair, and overhaul (MRO) operations.

The position serves as a key point of contact for local inventory discrepancies and is responsible for identifying root causes, documenting findings, implementing corrective actions, and escalating unresolved issues when appropriate.

Responsibilities:

• Execute and coordinate routine cycle counts across local FTAI stockrooms and inventory locations using established ABC and risk-based counting procedures.
• Maintain accurate inventory records by reconciling physical quantities to system-of-record balances.
• Investigate inventory variances, shortages, overages, misplaced material, and unexplained inventory movements to determine root cause and final disposition.
• Trace inventory through receiving, inspection, storage, transfers, kitting, issuance, repair, engine shop activity, and return-to-stock processes to determine where discrepancies occurred.
• Conduct recounts and detailed transaction reviews when discrepancies are identified and ensure variances are properly documented and resolved.
• Identify patterns of inventory loss, recurring discrepancies, process breakdowns, and control weaknesses and recommend corrective actions.
• Ensure inventory adjustments are properly supported, documented, approved, and processed in accordance with company procedures and internal controls.
• Monitor inventory accuracy metrics and identify opportunities to improve stockroom processes and inventory integrity.
• Support inventory control requirements associated with CFM
  56 engine modules, components, piece parts, rotables, repairables, consumables, and engine hardware.
• Maintain segregation and control of material placed on quality, technical, or inventory hold and ensure inventory is not released without appropriate authorization.
• Partner with Materials, Operations, Quality, and Supply Chain teams to identify the source of discrepancies and establish corrective actions.
• Escalate unresolved, high-value, recurring, or compliance-related discrepancies to appropriate leadership.
• Support perpetual cycle count, physical inventories and special inventory projects as required.
• Partner with stockroom, inspection and the repairs team to ensure parts continue to cycle through the process to make serviceable or sell overstocked material.
• Work with receiving inspection, supply chain,…