Department: Accounts & Finance
Designation: Accountant
Reporting To: Finance Manager / Management
Location: Vasai, Maharashtra
Industry: Electrical / Switch Manufacturing
Contact : (phone hidden)

Job Summary

We are looking for a detail-oriented Accountant with robust experience in inventory accounting, stock management, reconciliation, and balance sheet preparation. The candidate will be responsible for maintaining accurate financial records, monitoring inventory and stock movements, reconciling physical and book stock, and supporting the preparation and review of monthly and annual financial statements.

Key Responsibilities1. Inventory & Stock Accounting
- Maintain accurate accounting records for raw materials, packing materials, WIP, finished goods, and consumables.
- Record and verify all purchase, material receipt, issue, transfer, return, and stock adjustment transactions.
- Monitor stock valuation and ensure proper accounting of inventory.
- Regularly reconcile physical stock with book/system stock and investigate discrepancies.
- Coordinate with Stores, Purchase, Production,



and Dispatch departments for stock-related transactions.
- Monitor inventory ageing, slow-moving, non-moving, and obsolete stock.
- Verify stock consumption against BOM and production records wherever applicable.
- Ensure proper accounting treatment for stock shortages, excesses, wastage, scrap, and adjustments.
- Assist in conducting periodic physical stock verification and stock audits.

2. Balance Sheet & Financial Reporting
- Prepare and maintain schedules for Balance Sheet items, including:
- Inventory
- Trade Payables
- Trade Receivables
- Advances
- Fixed Assets
- Loans and Borrowings
- Statutory Liabilities
- Other Current Assets and Liabilities
- Assist in preparation of monthly and annual Balance Sheet and Profit & Loss statements.
- Perform monthly ledger scrutiny and ensure accurate classification of expenses, assets, and liabilities.
- Prepare account reconciliations and ensur

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