0 years

1 - 2 Lacs

Posted:3 weeks ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking a highly organized and detail-oriented Inventory Specialist with a strong understanding of inventory software to manage and optimize our inventory operations. The ideal candidate will be responsible for maintaining accurate inventory records, overseeing stock levels, and ensuring efficient flow of goods. This role is crucial in supporting our supply chain and operational goals, with a particular emphasis on the financial implications of inventory.

Key Responsibilities:

  • Inventory Software Management:
  • Utilize and maintain our inventory management software ([mention specific software if known, e.g., SAP, Oracle, NetSuite, Zoho Inventory, Fishbowl, etc., or state "various inventory management systems"]) to accurately track all incoming and outgoing inventory.
  • Perform regular data entry, updates, and reconciliation within the software to ensure data integrity.
  • Generate reports from the inventory software to analyze stock levels, identify trends, and forecast future needs.
  • Troubleshoot and resolve any discrepancies or issues related to inventory data within the system.
  • Stock Management:
  • Monitor inventory levels to prevent stockouts and overstock situations.
  • Conduct regular physical inventory counts and reconcile them with system records.
  • Coordinate with purchasing, sales, and warehouse teams to ensure smooth inventory flow.
  • Manage returns, damaged goods, and obsolete inventory according to company policies.
  • Billing and Accounting Integration:
  • Ensure seamless integration and accurate data flow between inventory software and accounting/billing systems.
  • Assist in reconciling inventory data with financial records, including cost of goods sold, inventory valuation, and discrepancies.
  • Support month-end and year-end closing procedures related to inventory.
  • Process Improvement:
  • Identify opportunities to improve inventory accuracy, efficiency, and control processes.
  • Assist in developing and implementing new inventory procedures and best practices.
  • Contribute to the optimization of warehouse layout and storage solutions.
  • Reporting & Analysis:
  • Prepare and present inventory reports to management, highlighting key metrics and recommendations.
  • Analyze inventory turnover, carrying costs, and other relevant KPIs.
  • Compliance:
  • Ensure all inventory activities comply with company policies and relevant regulations, including financial reporting standards.

Qualifications:

  • Education:
  • High school diploma or equivalent required.
  • Associate's or Bachelor's degree in Supply Chain Management, Business Administration, Logistics, Accounting, or a related field preferred.
  • Experience:
  • Minimum of [e.g., 2-3] years of experience in inventory management or a similar role.
  • Proven experience working extensively with inventory management software (e.g., SAP, Oracle, NetSuite, Zoho Inventory, Fishbowl, QuickBooks Enterprise, etc.). Please specify systems you are proficient in.
  • Experience with billing processes, accounts payable/receivable, and general accounting principles.
  • Skills:
  • Strong proficiency in using inventory software and Microsoft Office Suite (especially Excel).
  • Strong technical understanding of accounting principles and practices.
  • Excellent analytical and problem-solving skills.
  • High attention to detail and accuracy.
  • Ability to work independently and as part of a team.
  • Strong communication and interpersonal skills.
  • Knowledge of supply chain principles and warehouse operations.
  • Ability to lift and move packages as needed (if applicable to the role).

Job Types: Full-time, Permanent

Pay: ₹11,371.66 - ₹18,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Paid time off

Schedule:

  • Day shift

Language:

  • English (Preferred)

Work Location: In person

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