
Senior Inventory Manager
2 days ago
Job Summary:
This is a senior role responsible for the effective management of inventory across sales channels.
The ideal candidate will have a strong background in accounting and finance, with experience in inventory control and reconciliation.
Key Responsibilities:
• Oversee stock movement accounting, including inward, outward, returns, damages, and inter-store transfers.
• Ensure accurate valuation of inventory, including landed costs, GST, freight, and other overheads.
• Monitor and reconcile inventory across sales channels: retail stores, marketplaces (e.g. Amazon), and direct-to-consumer website.
• Identify inventory discrepancies and coordinate with Operations & Merchandising to resolve issues.
• Manage vendor payments, reconciliations, and ensure timely settlement of dues.
• Reconcile sales data with payment gateways, POS systems, marketplace reports, and internal ERP.
• Prepare channel-wise P&L statements, margin analysis, and profitability reports.
• Ensure compliance with statutory requirements on inventory and vendor transactions.
• Work closely with the Buying team for procurement accounting and vendor reconciliations.
• Partner with Operations to streamline inventory inward/outward processes and minimize leakages.
• Collaborate 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.
• 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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