Inventory Accountant

Job Description

The Inventory Accountant will be responsible for managing and overseeing all inventory-related accounting functions. This includes maintaining accurate inventory records, performing reconciliations, analyzing data, and ensuring compliance with accounting standards and company policies. Key Responsibilities: Inventory Tracking: Manage and record inventory transactions including purchases, sales, and adjustments in the accounting system. Reconciliation: Perform regular reconciliations of inventory records to ensure accuracy between physical counts and system records. Investigate and resolve discrepancies remotely. Cost Analysis: Analyze inventory costs and prepare detailed cost reports. Monitor cost variances and provide actionable insights for cost control and financial planning. Financial Reporting: Generate and present inventory-related financial reports on a monthly, quarterly, and annual basis. Ensure timely and accurate reporting. Audit Support: Facilitate internal and external audits by providing necessary documentation and explanations related to inventory accounts. Implement corrective actions based on audit findings. Compliance: Ensure adherence to accounting standards, company policies, and regulatory requirements related to inventory management. Process Improvement: Identify opportunities for process improvements and recommend enhancements to inventory accounting procedures to increase accuracy and efficiency. Collaboration: Communicate effectively with procurement, warehousing, and sales teams to resolve inventory issues and ensure seamless operations. System Management: Assist with the implementation and maintenance of inventory management systems and ensure data integrity and accuracy remotely. Qualifications: Experience: Proven experience as an Inventory Accountant or similar role with a focus on inventory management. Technical Skills: Strong understanding of accounting principles related to inventory. Proficiency in Zohobooks, Google Sheets and MS Excel . Analytical Skills: Excellent analytical skills with the ability to interpret complex data and provide actionable insights. Attention to Detail: High level of accuracy and attention to detail in all inventory accounting functions. Communication: Strong written and verbal communication skills with the ability to collaborate effectively in a virtual environment. Self-Motivation: Ability to work independently, manage time effectively, and meet deadlines while working remotely. Education: Bachelor’s/Master's degree in Accounting, Finance. Professional certification (e.g., CPA) is a plus. Experience- 0 - 2years. Shift - Morning Job Types: Full-time, Permanent, Fresher Pay: From ₹15,000.00 per month Schedule: Fixed shift Morning shift Supplemental Pay: Overtime pay Performance bonus Yearly bonus Experience: Accounting: 1 year (Preferred) License/Certification: CA-Inter (Preferred) Work Location: In person