Senior Accountant - Inventory Management

About the job

About the Role: We are seeking a highly skilled Senior Accountant – Inventory to oversee and manage all inventory-related 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.

Requirements

• Inventory management
• Accounting
• ERP systems
• Analytical capabilities
• Attention to detail

Qualifications

• Bachelor’s degree in Business Administration
• Logistics
• Supply Chain Management
• Accounting
• Commerce
• Finance

Preferred Technologies

• Inventory management
• Accounting
• ERP systems
• Analytical capabilities
• Attention to detail