NetSuite Inventory Accountant

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Location: Gurugram

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Time Commitment:

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About the Role:

We are seeking a highly skilled Senior

Accountant – Inventory

accounting functions. The ideal candidate will bring strong experience in

inventory management, costing, reconciliations, and ERP systems. The role

requires exceptional analytical capabilities, attention to detail, and the

ability to collaborate with cross-functional teams including procurement,

warehousing, and operations.

Key Responsibilities:

Inventory Accounting & Controls

·       Maintain accurate and

up-to-date inventory records in the accounting/ERP system.

·       Perform detailed inventory

reconciliations, including stock ledgers, GRN entries, WIP, and material

consumption tracking.

·       Manage month-end and year-end

closing activities related to inventory, including journal entries, accruals,

and adjustments.

·       Oversee valuation of inventory

(FIFO/Weighted Average/Standard Costing) and ensure compliance with accounting

standards.

·       Prepare detailed inventory MIS

reports, ageing summaries, consumptions, shrinkage analysis, and management

dashboards.

Process Optimization &

Cross-functional Coordination

·       Monitor and streamline the

end-to-end inventory workflow, including inbound, outbound, transfers, and

returns.

·       Support the implementation of

internal controls, SOPs, and best practices for efficient inventory management.

·       Participate in ERP

improvements, module testing, and integration enhancements to strengthen data

accuracy and reporting.

ERP & System Responsibilities

·       Maintain and update item master

data, SKU codes, pricing, and storage locations in ERP.

·       Ensure timely posting and

verification of all inventory transactions to avoid delays or mismatches.

·       Leverage tools like NetSuite, Dynamics,

SAP, Odoo, Zoho Inventory, Cin7, or similar platforms to enhance visibility and

accuracy.

What we are looking for:

Education & Experience

·       Bachelor’s degree in Business

Administration, Logistics, Supply Chain Management Accounting, Commerce,

Finance, or related field.

·       Proven experience (2-4 years

for mid-level) in inventory accounting

·       Hands-on experience with

inventory software such as NetSuite, Dynamics, Cin7, SAP, and Odoo.

·       Knowledge of cost accounting,

BOM analysis, and WIP tracking.

Skills & Competencies

·       Strong understanding of

inventory accounting standards, stock valuation methods, and reconciliation

processes.

·       Excellent analytical,

numerical, and problem-solving abilities.

·       Ability to work independently

as well as in a team-based environment.

·       High accuracy, discipline, and

commitment to meeting deadlines.