07 Aug
|
Pierian
|
Bengaluru
Executive / Senior Executive - Inventory Accounting & Reconciliation
Department: Finance & Accounts
Experience: 3-4 Years
Qualification: B.Com / M.Com / MBA Finance / CA Inter
Location: Bangalore
Job Summary
We are seeking a detail-oriented and analytical skilled to manage inventory accounting, inventory reconciliations, valuation, ageing analysis, and stock controls. The role requires close coordination with Operations, Warehousing, Supply Chain, and Finance teams to ensure inventory accuracy, timely reporting, and compliance with company policies. Candidates with experience in E-commerce, FMCG, Retail, Manufacturing, or Distribution industries will be preferred.
Key Responsibilities
Inventory Accounting & Reconciliation
- Perform periodic inventory reconciliations between physical stock, WMS, ERP, and accounting records.
- Investigate inventory variances and coordinate with relevant teams for resolution.
- Ensure accurate accounting of inventory movements, adjustments, and write-offs.
- Maintain reconciliation schedules and supporting documentation.
Inventory Valuation & Reporting
- Prepare monthly inventory valuation reports.
- Validate inventory costing and ensure accurate inventory valuation in books of accounts.
- Monitor inventory provisions, shortages, damages, expiries, and slow-moving stock.
- Support monthly, quarterly, and annual financial closing activities.
Inventory Ageing & Analysis
- Prepare inventory ageing reports and identify slow-moving, obsolete, and non-moving inventory.
- Analyze ageing trends and provide actionable insights to management.
- Track inventory holding and inventory turnover metrics.
E-Commerce / Manufacturing Inventory Control
- Manage inventory reconciliations for E-commerce platforms, warehouses, and fulfillment centers.
- Reconcile inventory transactions related to sales, returns, damages, shortages, and transfers.
- Coordinate with Operations and Supply Chain teams to ensure stock accuracy.
- Review inventory reports from marketplaces, warehouses, and third-party logistics partners.
Compliance & Process Controls
- Support internal and external audits by providing inventory reconciliations and schedules.
- Ensure adherence to inventory accounting policies and internal controls.
- Assist in process improvements to strengthen inventory accuracy and reporting.
- Maintain proper documentation for audit and compliance purposes.
Required Skills
- Inventory Accounting & Reconciliation
- Inventory Valuation
- Inventory Ageing Analysis
- Stock Verification & Variance Analysis
- Inventory Controls & Reporting
- ERP Systems (MS Dynamics, SAP, Oracle, Tally or Similar)
- Advanced Microsoft Excel
- Financial Analysis & Problem Solving
- Cross-Functional Coordination
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Executive / Senior Executive - Inventory Accounting & Reconciliation (Bengaluru)
🏢 Pierian
📍 Bengaluru