Senior Accountant - Inventory Management

2 - 6 years

0 Lacs

Posted:5 days ago| Platform: Shine logo

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Job Type

Full Time

Job Description

Role Overview: As a Senior Accountant - Inventory at DNA Growth in Mohali, Punjab, you will be responsible for overseeing and managing all inventory-related accounting functions. Your role will involve maintaining accurate inventory records, performing detailed reconciliations, managing month-end and year-end closing activities, and preparing detailed inventory MIS reports. You will also play a key role in optimizing processes, coordinating with cross-functional teams, and ensuring compliance with accounting standards. Key Responsibilities: - 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. - 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. - 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. Qualifications Required: - Bachelors 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. (Note: The additional details about DNA Growth have been omitted as they were not included in the job description) Role Overview: As a Senior Accountant - Inventory at DNA Growth in Mohali, Punjab, you will be responsible for overseeing and managing all inventory-related accounting functions. Your role will involve maintaining accurate inventory records, performing detailed reconciliations, managing month-end and year-end closing activities, and preparing detailed inventory MIS reports. You will also play a key role in optimizing processes, coordinating with cross-functional teams, and ensuring compliance with accounting standards. Key Responsibilities: - 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. - 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. - 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. Qualifications Required: - Bachelors 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. (Note: The additional details about DNA Growth have been omitted as they were not included in the job description)

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