Senior Accountant - Inventory Management

Job Title: Senior Accountant - Inventory Management

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About DNA Growth:Business Consulting and Services

We simplify finance for fast-growing businesses and finance heads and empower the people behind them. Our mission? To power client growth by enabling better business and financial decisions and simultaneously fostering a work culture where learning and growth go hand in hand. With a team of 150+ professionals, including ex-Big 4s, Stanford Seed alumni, CAs, CPAs, CFAs, and engineers, we offer full-suite FP&A, Accounting, Business Planning, and CFO support services to SaaS, cybersecurity, e-commerce, and services companies.

About the Role:

Senior Accountant – Inventory

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.