About Company:

Puma Enrgy is a global player in the oil & enegry sector. We focus our business around our customers doing everything we can to meet their current and future energy needs, delivering excellent quality and value, and building strong long term relationships to energise communities around the world.

Main Purpose

Stock accountant - accounting and reconciliations for one or more entities.

KEY RESPONSIBILITIES

- Accounting of product purchases, capturing product costs and related expenses in ERP system
- Accounting of operational and transit losses and gains in ERP system
- Reconciliation of physical inventory records with system stock data
- Ensure product costs are accounted correctly and average cost is maintained in the system on daily basis. Analysis of the variance in cost.
- Ensure receipts, sales, manual stock adjustments and own use are accounted all in system on daily basis by comparing the physical with System
- Abnormal losses/gains are investigated and necessary corrective action is taken by the site managers.
- Ensuring sites are submitting daily stock reconciliations timeously
- Close co-ordination through continuous follow up and helping resolve challenges that may result in delays in stock accounting process.
- Review product costs and taxes before processing in system as submitted by Product Accountant and Tax Accountant




- Ensure that stock is correctly reported and match with sub ledger in the Flash and Monthly reporting.
- Ensure appropriate provisions and accrual are raised in the books on a monthly basis concerning stock valuation and movement
- Enforce internal controls in the stocks function. This entails ensuring adherence to Puma Stocks Procedures as advised in the Puma Internal Control Policy
- Providing inventory information data and resolving queries from auditors both internal and external
- Reconciliation of stock vendors and accruals on monthly basis
- Ensure timely submission of daily, weekly and monthly stock reporting

Requirements:

Experience:

- Years of experience: Preferably 3-4 years or more
- Accounting Degree Educated or equivalent (B. Com, M. Com, ICWA/ CMA, MBA)
- Business orientated with experience in the Oil Downstream industry is preferably
- Experience in understanding Stock procedures, accounting and management
- Candidates from shared services set up preferred
- Knowledge of stock accounting method needed (Average / FIFO /LIFO)

Skills & Competencies:

- Accounting
- Stock accounting
- Stock reconciliations
- Microsoft Office proficient
- Navision /ERP knowledge
- Positive verbal and written communication skills with the ability to articulate complex information

📌 Stock Accountant Analyst (Mumbai)
🏢 Puma Energy
📍 Mumbai