
Inventory Manager
2 days ago
Job Title: Senior Inventory Control Specialist
Key Responsibilities:- Accurately monitor and reconcile inventory across sales channels including retail stores, marketplaces (Amazon, Myntra, etc.), and D2C website.
- Oversee stock movement accounting processes for inward, outward, returns, damages, and inter-store transfers ensuring transparency and efficiency.
- Ensure precise valuation of inventory by considering landed costs, GST, freight, and other overheads facilitating informed decision-making.
- Identify discrepancies in inventory levels and coordinate with Operations & Merchandising teams to resolve issues effectively.
- Manage vendor payments, reconciliations, and ensure timely settlement of dues minimizing financial risks.
- Reconcile sales data from payment gateways, POS systems, marketplace reports, and internal ERP systems to maintain accurate records.
- Prepare channel-wise profit and loss statements, margin analysis, and profitability reports providing valuable insights.
- Ensure statutory compliance on inventory and vendor transactions adhering to regulations such as GST and TDS.
- Work closely with the Buying team for procurement accounting and vendor reconciliations optimizing resource allocation.
- Collaborate with Operations to streamline inventory inward/outward processes reducing leakages and improving productivity.
- Partner with Retail and Merchandising teams to ensure accurate reporting of sales, returns, and stock levels enhancing operational efficiency.
- Coordinate with auditors for periodic stock audits and statutory audits maintaining a transparent audit trail.
- Prepare and publish regular Management Information System (MIS) reports on inventory positions, slow-moving stock, and shrinkage enabling data-driven decisions.
- Support management with actionable insights for decision-making on buying, replenishment, and stock allocation strategies.
- Implement robust financial and operational controls around inventory movement and sales reconciliation reducing errors and inconsistencies.
Requirements:
- Bachelor's/Master's degree in Accounting, Finance, or Commerce with relevant academic background.
- 2-3 years of experience in accounts preferably with semi-qualified CA certification with strong exposure to inventory control/reconciliation in retail/D2C/marketplace environments.
- Hands-on experience with accounting software and advanced Excel skills including proficiency in tools like Tally and ERP Next.
- Good understanding of taxation and compliance laws including GST and TDS requirements.
- Strong analytical, problem-solving, and organizational skills with ability to work under pressure.
- Excellent communication and interpersonal skills with ability to coordinate across departments.
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