35 years of accounting or finance experience, preferably in inventory accounting, manufacturing,
distribution, or supply chain finance.
- Strong knowledge of inventory accounting and financial reporting requirements
- Advanced Excel skills and data analysis capabilities.
- Ability to work under tight time schedules and to handle multiple tasks.
- Able to adapt to current responsibilities with an agile mindset.
key responsibilities.
- Manage month-end inventory close activities, including inventory reconciliations, accruals, journal entries,
and inventory-related financial reporting.
- Monitor inventory balances and ensure inventory transactions are accurately recorded in compliance with company policies, accounting standards, and internal control requirements.
- Perform monthly reconciliations between inventory subledgers and the general ledger, investigating and resolving discrepancies on a timely basis.
- Execute inventory cost adjustments, including purchase price variance (PPV) analysis, landed cost allocations, and other inventory costing activities, ensuring appropriate accounting treatment.
- Analyze inventory movements, valuation, variances, reserves, and key inventory metrics to identify trends,
risks, and opportunities for improvement.
- Prepare inventory-related financial reports, balance sheet reconciliations, management analyses, and commentary to support business decision-making.
- Assess inventory recoverability and evaluate excess, slow-moving, and obsolete inventory, including the preparation of inventory reserve analyses and recommendations.
- Partner with Supply Chain, Procurement, Logistics, and Operations teams to improve inventory management practices, strengthen financial controls, and support inventory governance.
- Support physical inventory counts, cycle counts, stock audits, and inventory verification activities to ensure inventory accuracy and integrity.
- Prepare audit schedules and supporting documentation for internal and external audits, and assist in the timely resolution of audit inquiries.
- Ensure compliance with corporate accounting policies, regulatory requirements, and inventory-related internal controls.
- Identify and implement process improvements to enhance inventory accounting accuracy, efficiency,
reporting capabilities, and operational effectiveness.
- Participate in ERP implementations, system enhancements, business process transformations, and other inventory-related projects.
📌 Inventory Accountant (Pref Manufacturing) (Pune)
🏢 Randstad
📍 Pune