Key Responsibilities

• Maintain accurate inventory accounting and records for RM, Packaging, WIP, Finished Goods, and Consumables.

• Record and verify inventory receipts, issues, transfers, returns, adjustments, GRNs, invoices, and related documents.

• Reconcile inventory records between Physical Stock, Stores/Warehouse, Tally, and Financial Books.

• Monitor RM and packaging consumption against production and identify abnormal consumption, wastage, and yield variances.

• Reconcile production, dispatch, and closing stock and ensure accurate COGS accounting.

• Support inventory valuation as per company policies and applicable accounting standards.

• Monitor slow-moving, non-moving, obsolete, damaged, and ageing inventory.

• Coordinate physical stock verification and investigate stock shortages/excesses.

• Maintain accurate inventory masters, units, locations, and ledger mapping in Tally.

• Prepare monthly inventory MIS covering purchases, consumption, production, dispatch,



closing stock, wastage, variance, ageing, and COGS.

• Support SKU/product costing and analyse RM price, consumption, packaging, wastage, yield, and conversion cost variances.

• Ensure proper inventory controls and support internal and statutory audits.

• Coordinate with Procurement, Stores, Production, Warehouse, Sales, Quality, and Finance teams for inventory-related matters.

Key Skills & Competencies

• Solid knowledge of Inventory Accounting and Manufacturing Accounting

• Hands-on experience in Tally and MS Excel

• Knowledge of Inventory Valuation, COGS, Costing & Variance Analysis • Robust reconciliation and analytical skills

• Understanding of BOM, RM Consumption, WIP, Production & Yield

• Positive coordination and communication skills

• FMCG/Manufacturing industry experience preferred

📌 Inventory Accountant New Delhi
🏢 Masterchow foods
📍 New Delhi