JOB DESCRIPTION

Manager – Accounts, Audit & Inventory Control

Position Details

Position

Manager – Accounts, Audit & Inventory Control

Company Name:-

CRESURGE PRIVATE LIMITED

Location

St Mark's Rd, Shanthala Nagar, Ashok Nagar, Bengaluru

Experience

4–5 years (Mandatory experience in multi-branch retail, distribution, or publishing/book industries)

Reporting To

Chief Financial Officer (CFO)

Department

Finance & Accounts

Salary

45000k -50000k

Manager – Accounts, Audit & Inventory Control- Job Description

Role Overview

We are seeking a highly experienced and detail-oriented finance qualified to lead accounting operations, audit coordination, and financial control processes across the parent company, its subsidiaries, and multiple branch locations. A key responsibility of this role is the end-to-end management, valuation, and audit of book inventory across state branches and warehouses.

The ideal candidate will bring strong expertise in inventory valuation, inter-company margin eliminations for group consolidation, monthly MIS finalisation, and e-commerce inventory reporting. Reporting directly to the CFO, the role will serve as a key financial-control partner, ensuring accuracy, transparency, and compliance across the group's financial and inventory operations.

What We Are Looking For

We are looking for a professional who goes beyond routine accounting and takes ownership of the group's financial discipline. The candidate should be comfortable challenging discrepancies, independently investigating stock mismatches, travelling to out-of-state branches for physical audits, and ensuring that every inventory movement is properly recorded.



Strong analytical skills and the ability to manage high-volume SKU data—including titles, editions, and formats—along with digital and online inventory systems are essential.

Key Responsibilities1. Inventory Management, Valuation & Technical Accounting

· Inventory Valuation Models: Apply and monitor appropriate inventory valuation methodologies for the book industry, considering ageing, slow-moving stock, and obsolescence.

· Closing Stock Valuation: Own the monthly, quarterly, and annual closing-stock valuation process across all branches, warehouses, and other locations.

· Inter-Company Margin Elimination: Identify, calculate, and eliminate unrealised profits or margins on inter-company stock transfers to support accurate group-level financial consolidation.

· Online & E-Commerce Inventory: Reconcile inventory reports from e-commerce marketplaces and digital platforms with central ERP records, investigate variances, and ensure accurate reporting.

2. Multi-State Inventory Audit & Stock Movement Control

· Multi-Branch Monitoring: Audit and control physical and system-recorded book movements across state branches, central warehouses, and retail outlets.

· Transit & Reconciliation Tracker: Maintain accurate stock-in-transit tracking and reconcile dispatches from one location with receipts at the destination.

· Discrepancy Investigation: Identify, investigate,



and resolve stock shortages, transit damage, duplicate entries, unrecorded movements, and potential inventory manipulation.

· Returns & Adjustments Management: Oversee accounting for sale-or-return transactions, publisher replacements, damaged-stock write-offs, and inventory adjustments.

3. Inter-Company Transactions & Group Consolidation

· Cross-Entity Ledger Matching: Maintain and reconcile inter-company ledgers across parent and subsidiary entities, ensuring matching balances for inter-company sales and purchases.

· Taxation Compliance: Monitor inter-company stock transfers to ensure accurate invoicing, appropriate IGST/CGST/SGST treatment, and complete delivery-challan documentation.

· Consolidation Support: Provide reconciled ledger balances and inter-company margin-elimination data to support the CFO with group financial consolidation.

4. Advanced MIS, Analytics & Reporting

· Monthly MIS Finalisation: Prepare, analyse, and finalise comprehensive monthly financial and operational MIS reports for management.

· Profitability Mapping: Prepare entity-wise, branch-wise, and channel-wise profitability reports covering offline retail and online marketplaces.

· Inventory Ageing & Dashboards: Develop and maintain dashboards covering inventory ageing, slow-moving book titles, receivables, payables, and stock-turn ratios.

· Actionable Insights: Highlight unusual inventory adjustments, material stock variances, and sudden margin movements, and provide data-driven recommendations to the CFO to reduce operational leakages.

Pay: ₹45,000.00 - ₹50,000.00 per month

Benefits:

- Provident Fund

Work Location: In person

📌 Finance & Accounts Manager (Bengaluru)
🏢 Cresurge Private
📍 Bengaluru