Financial Operations Specialist

2 weeks ago

Tiruchi, Tamil Nadu, India beBeeFinancial Full time ₹ 9,00,000 - ₹ 12,00,000
Job Title: Financial Operations Specialist Job SummaryWe are seeking a highly skilled professional to manage financial operations and inventory control across various sales channels. The successful candidate will be responsible for monitoring and reconciling inventory, overseeing stock movement accounting, and ensuring accurate valuation of inventory. Key Responsibilities:
  • Monitor and reconcile inventory across retail stores, marketplaces, and D2C website.
  • Oversee stock movement accounting (inward, outward, returns, damages, inter-store transfers).
  • Ensure accurate valuation of inventory including landed costs, GST, freight, and other overheads.
  • Identify inventory discrepancies and coordinate with Operations & Merchandising to resolve issues.
Accounting & Financial Management:
  • 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.
Cross-Functional Coordination:
  • 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.
Reporting & Controls:
  • Prepare and publish regular 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.
Requirements:
  • Bachelor's/Master's degree in Accounting, Finance, or Commerce.
  • 2-3 years of experience in accounts (preferably semi qualified CA), with strong exposure to inventory control/reconciliation.
  • Hands-on experience with accounting software and advanced Excel.
  • Good understanding of taxation and compliance.
  • Strong analytical, problem-solving, and organizational skills.
  • Ability to coordinate across departments and work in a fast-paced environment.

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