Job DescriptionSenior Specialist, Inventory Accounting
nHyderabad Office (Onsite 5 days a week)
nThe Azurity Accounting Team is searching for an Inventory Accounting Senior Specialist to join the team as we build out best-in-class finance processes and ensure quality information is available for decision making. This person needs to be a go-getter who can take ownership of their areas. The Inventory Accounting Sr Specialist needs to build relationships with Commercial, Legal, Accounting to ensure information flows from the business to Accounting and then to FP&A.; When issues arise, this person should be ambitious, ready to dig in to determine root cause and the path forward.
nRole and Responsibilities
nThe responsibilities include but are not limited to:
n
- n
- Track and analyze stock movements, purchases and consumptionn
- Maintain inventory records in Financial System.n
- Verify system computed inventory costs using standard accounting methods.n
- Analyse cost variances and report discrepancies.n
- As per requirements,
assist in setting and monitoring standard costs for inventory items.n
- Prepare and review inventory related journal entriesn
- Ensure compliance with accounting principles in inventory valuation.n
- Generate inventory reports for management and auditors.n
- Ensure adherence to company policies and accounting regulations.n
nQualifications and Education Requirements
n
- n
- CA/CWA with 4-6 years of experience or a Commerce graduate/MBA with at least 12+ years of experiencen
- Pharmaceutical industry experience is a plus.n
- Working knowledge of US GAAPn
- Experience with Oracle Fusion preferred.n
- Solid PC skills including proficiency with Microsoft Office products (Excel, Word, PowerPoint, Outlook) and financial accounting systems.n
- Strong analytical skills, accuracy, and attention to detail are a mustn
nPreferred Skills
n
- n
- Strong analytical skills, able to identify and interpret trends and improve financial fo