Department: Finance & Accounts

Designation: Team Lead / Senior Executive – Finance & Accounts

Experience: 3–5 Years

Location: Gurugram

Qualification: CA Inter / CMA Inter / MBA Finance / M.Com

About the Role

We are looking for a detail-oriented and experienced Finance & Accounts professional to manage end-to-end inventory accounting, Procure-to-Pay (P2P) operations, vendor payments, fixed asset accounting, and operational financial controls.

The candidate will ensure accurate financial accounting, timely reconciliations, effective cost monitoring, and strong internal controls across inventory procurement, inventory, and asset management processes.

Key Responsibilities

1. Inventory Accounting & Control

- Monitor ERP inventory against physical stock and warehouse records.
- Ensure accurate inventory valuation as per applicable accounting standards.
- Monitor old, slow-moving and non-moving inventory.
- Review material inward, outward and inter-location transfers.
- Coordinate quarterly physical stock verification.
- Identify stock shortages, damages and inventory losses.
- Reconcile material returns, dismantled inventory, RGP/NRGP and material in transit.
- Review virtual and non-virtual inventory locations.
- Calculate inventory provisions for obsolete and non-moving stock.

2. COGS & Cost Accounting

- Review and validate COGS-related accounting entries.
- Ensure accurate allocation of material and installation costs to respective sites/contracts.
- Monitor COGS Interim and Capital Work-in-Progress (CWIP) balances.
- Identify incorrect or excess costs booked against sites.
- Validate cost adjustments with appropriate supporting documents and approvals.
- Perform monthly COGS vs CWIP reconciliations.
- Ensure accurate material consumption, returns and cost transfers.

3. Material Movement & Reconciliation

- Validate site-to-site and contract-to-contract material transfer requests.
- Ensure appropriate approvals and supporting documentation before material transfers.
- Verify material quantities and serial numbers during transfers.
- Coordinate with SCM, Operations and Warehouse teams for physical material movement.
- Monitor manual material returns and ensure appropriate ERP accounting.




- Ensure reconciliation of material movement records with ERP inventory.

4. Asset Dismantling & Depreciation Control

- Maintain site-wise asset dismantling trackers.
- Ensure proper documentation and approvals for asset dismantling.
- Monitor assets pending physical receipt at warehouses.
- Ensure timely updating of asset status in ERP.
- Identify depreciation charged on dismantled or disposed assets and ensure necessary corrections.

5. Procure-to-Pay (P2P) & Vendor Payment Management

- Manage end-to-end vendor invoice processing and accounting in ERP.
- Ensure PO, GRN and invoice matching before processing payments.
- Validate GST, TDS, GST 2B and applicable statutory compliances.
- Prepare and review vendor payment proposals as per agreed credit terms.
- Monitor invoice ageing, payment schedules and vendor reconciliations.
- Ensure accuracy of vendor payments and prevent duplicate or excess payments.

6. Vendor Advance Management

- Maintain vendor-wise advance payment trackers.
- Monitor advances against approved purchase orders and milestones.
- Ensure timely adjustment of advances against vendor invoices.
- Identify and resolve long-pending and unadjusted advances.

7. Fixed Asset Accounting & Management

- Maintain and update the Fixed Asset Register (FAR).
- Ensure timely capitalization of assets based on installation and site activation.
- Maintain asset-wise cost, asset ID, site ID and contract mapping.
- Track asset movements and transfers between different locations.
- Ensure proper accounting of asset additions, transfers and dismantling.
- Review depreciation calculations and identify discrepancies.
- Reconcile FAR with ERP and General Ledger balances.

8. Financial Reconciliation & Internal Controls

- Perform monthly vendor ledger and inventory reconciliations.




- Monitor open Material Requisition Forms (MRFs) and ageing.
- Identify inventory lying at sites without installation or consumption confirmation.
- Investigate discrepancies between ERP records and physical inventory.
- Drive timely closure of reconciliation differences.
- Strengthen internal financial controls and ensure adherence to company policies.

Desired Candidate Profile

- 3–4 years of relevant experience in Finance & Accounts, preferably in inventory accounting and reporting, Accounts payable and Fixed assets accounting and recording.
- Good understanding of inventory accounting, stock reconciliation and inventory valuation.
- Experience in COGS, CWIP and cost allocation.
- Robust understanding of Procure-to-Pay (P2P), Accounts Payable and vendor management.
- Hands-on experience in fixed asset accounting, depreciation and Fixed Asset Register management.
- Strong knowledge of GST, TDS and statutory compliance relating to vendor payments.
- Working knowledge of ERP systems such as SAP, Oracle or similar platforms.
- Advanced Excel skills and experience in MIS reporting.
- Strong analytical, reconciliation and problem-solving capabilities.
- Ability to coordinate effectively with SCM, Operations, Procurement and Warehouse teams.

Key Competencies

- Strong financial control and process orientation.
- Attention to detail and accuracy.
- Ownership and accountability.
- Analytical and problem-solving skills.
- Stakeholder management and cross-functional coordination.
- Ability to identify process gaps and drive improvements.

Important hiring considerations:

1. Inventory accounting: Give preference to candidates who have handled inventory reconciliation between ERP, warehouse, and physical stock, rather than candidates with only general accounting experience.
2. Fixed asset management: The candidate should have practical experience in asset capitalization, site-wise asset tracking, dismantling, and depreciation reconciliation.
3. Control mindset: Look for someone who can independently identify financial leakage, incorrect accounting, excess payments, and process gaps rather than merely performing accounting entries.

📌 Team Lead (Gurugram)
🏢 Park+
📍 Gurugram