Senior Inventory Account Manager

3 days ago

Cochin, Kerala, India beBeeAccountant Full time ₹ 55,00,000 - ₹ 85,00,000

Job Title: Inventory Control Specialist

Key Responsibilities:
  • Inventory Controls and Reconciliation: Monitor and reconcile inventory across sales channels, including retail stores, marketplaces (e.g., Amazon, Myntra), and direct-to-consumer (D2C) websites.
  • Oversee stock movement accounting, including inward, outward, returns, damages, and inter-store transfers.
  • Ensure accurate valuation of inventory, including landed costs, Goods and Services Tax (GST), freight, and other overheads.
  • Identify inventory discrepancies and coordinate with Operations and Merchandising to resolve issues.
Accounts and Financial Management:
  • Manage vendor payments, reconciliations, and ensure timely settlement of dues.
  • Reconcile sales data with payment gateways, point-of-sale (POS) systems, marketplace reports, and internal enterprise resource planning (ERP) systems.
  • Prepare channel-wise profit-and-loss statements, margin analysis, and profitability reports.
  • Ensure compliance with statutory requirements (e.g., GST, tax deducted at source (TDS)) on inventory and vendor transactions.
Cross-Functional Coordination:
  • Collaborate with the Buying team for procurement accounting and vendor reconciliations.
  • Partner with Operations to streamline inventory inward/outward processes and minimize leakages.
  • Work closely with Retail and Merchandising teams to ensure accurate reporting of sales, returns, and stock levels.
  • Coordinate with auditors for periodic stock audits and statutory audits.
Reporting and Controls:
  • Prepare and publish regular management information system (MIS) reports on inventory positions, slow-moving stock, and shrinkage.
  • Support management with insights for decision-making on buying, replenishment, and stock allocation.
  • Implement stronger financial and operational controls around inventory movement and sales reconciliation.

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