Job Description: Inventory Executive

Company: Rank International

Location: Sakinaka, Mumbai, Maharashtra

Department: Central

Employment Type: Full-time

Job Purpose

We are seeking a meticulous and data-driven Inventory Executive to take complete ownership of our centralized inventory management, stock compliance, and management information systems (MIS). This role is critical in bridging the gap between factory-floor material movements and executive decision-making. The ideal candidate will possess robust core accounting skills, a sharp eye for variance control during physical stock-taking, and advanced Excel capabilities to deliver actionable business intelligence.

Key Responsibilities

1. Inventory Management & Control

- Maintain the central inventory ledger, tracking raw materials, work-in-progress (WIP), and finished goods across all manufacturing units and warehouses.
- Monitor and implement controls for material tracking, including variance analysis between system stock and physical stock.
- Track and reconcile specialized material movements, factory scrap, and industrial waste processing lines.
- Analyze inventory aging, identify slow-moving or obsolete items, and recommend optimal reorder levels to prevent capital blockages.

2. Physical Stock Taking & Valuation

- Lead and coordinate periodic (monthly/quarterly) and annual physical stock-taking audits across all operational units.
- Investigate discrepancies between physical counts and system balances, perform root-cause analysis, and pass necessary adjustment entries.
- Ensure accurate valuation of inventory in strict accordance with standard cost accounting principles and statutory requirements.

3. MIS & Financial Reporting

- Design, generate,



and present comprehensive daily, weekly, and monthly Inventory MIS reports for senior leadership.
- Develop tracking dashboards to highlight material yield, consumption patterns, production variances, and cost trends.
- Provide data-driven insights to support budget formulation, cost optimization, and operational planning.

4. Audit & Compliance

- Facilitate smoother execution of internal stock audits by keeping comprehensive back-up documentation ready.
- Collaborate closely with unit-level plant managers, logistics teams, and procurement departments to align documentation.

5. Purchase

Short inventory or any other materials procurement needs to be coordinated as per process.

Qualifications & Experience

- Education: Bachelor’s Degree in Commerce (B.Com), (M.Com), MBA in Finance/Supply Chain.
- Experience: 3 to 6 years of experience handling core inventory accounting and MIS generation within a manufacturing or production-oriented setup.
- Software Skills:
- Proficiency in enterprise ERP software
- Advanced mastery of MS Excel / Google Sheets (Pivot Tables, VLOOKUP/XLOOKUP, Power Query, and complex formulas for data merging).

Core Competencies

- Analytical Rigor: Exceptional ability to break down complex production data loops and isolate hidden process variances.
- Attention to Detail: Zero-compromise attitude toward stock reconciliation and data integrity.
- Communication Skills: Confident in collaborating across levels—from factory floor personnel to senior corporate management.

How to apply.

Interested candidate please share the updated CV at [email protected]

Job Type: Full-time

Pay: ₹18,000.00 - ₹20,000.00 per month

Perks:

- Provident Fund

Work Location: In person

📌 Inventory Executive (India)
🏢 Rank International
📍 India