Job Description

JOB DESCRIPTION

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Costing & Inventory Control Accountant

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Location: India

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Job Purpose

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The Costing & Inventory Control Accountant will be responsible for inventory monitoring, product costing, inventory valuation, reconciliations and margin analysis . The role will work closely with Finance, Warehouse, Procurement, Logistics and Sales to ensure accurate inventory records, effective controls and timely identification of inventory and costing issues.

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Key Responsibilities

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Inventory Control & Monitoring

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- Monitor inventory across warehouses and locations and review all stock movements.

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- Reconcile physical stock, warehouse records and ERP balances.

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- Investigate inventory discrepancies, unusual movements and negative stock.

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- Coordinate periodic physical stock counts and cycle counts.

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- Monitor inventory ageing, slow-moving and obsolete stock.

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- Prepare recommendations for inventory adjustments, provisions and write-offs.

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Costing & Inventory Valuation

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- Maintain accurate product/SKU costing.

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- Calculate and monitor landed costs, including freight, customs, clearing and handling charges.

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- Review purchase price and other cost variances.

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- Ensure inventory is accurately valued and costs are properly allocated.

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- Analyse product-wise gross margins and identify significant margin movements.

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Month-End & Reconciliations

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- Reconcile inventory sub-ledger to the General Ledger.

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- Review GRNs,



goods received but not invoiced and inventory cut-off.

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- Complete inventory and costing schedules for month-end closing.

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- Support accurate COGS and gross-margin reporting.

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- Prepare supporting schedules for auditors.

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ERP & Controls

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- Ensure inventory transactions and master data are accurately maintained in the ERP.

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- Monitor compliance with inventory control and approval procedures.

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- Identify process/system weaknesses and recommend improvements.

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- Support inventory and costing processes in Microsoft Dynamics 365 Business Central .

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Qualifications & Experience

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- Bachelor's degree in Accounting, Finance or related field.

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- 3–6 years of relevant experience in cost accounting, inventory accounting or inventory control.

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- Experience in a trading, distribution or manufacturing environment preferred.

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- Strong knowledge of inventory accounting, costing and reconciliations.

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- Experience with landed costing is preferred.

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- Microsoft Dynamics 365 Business Central experience is an advantage.

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- Strong Excel skills.

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- ACCA, CMA, CA or equivalent qualification is an advantage.

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Key Skills

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- Strong analytical and numerical skills.

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- High attention to detail.

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- Strong inventory and costing knowledge.

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- Good problem-solving and reconciliation skills.

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- Robust Excel and ERP skills.

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- Good communication and follow-up skills.

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- Ability to work independently and meet month-end deadlines.

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📌 Cost & Inventory Control Accountant (Thane)
🏢 Andersen in the United Arab Emirates
📍 Thane