Inventory Accounting Specialist
2 weeks ago
- We are seeking an experienced Inventory Accounting Specialist to oversee and manage our inventory accounting processes for retail operations, ensuring all inventory transactions are accurately recorded.
The successful candidate will be responsible for performing regular inventory reconciliations, including monthly, quarterly, and annual stock counts and adjustments. They will collaborate with retail operations and supply chain teams to ensure accurate inventory tracking and valuation across multiple store locations and warehouses.
Analyzing and Maintaining Accurate Costing Models:
The Inventory Accounting Specialist will analyze and maintain accurate costing models for merchandise, ensuring the proper application of retail and standard costing methods. They will review inventory-related journal entries and ensure compliance with accounting policies. Additionally, they will calculate and report the cost of goods sold (COGS) for each period, ensuring accuracy in financial reporting.
Tracking and Reporting Slow-Moving, Obsolete, or Excess Inventory:
The successful candidate will track and report on slow-moving, obsolete, or excess inventory to identify opportunities for improved inventory management and cost control. They will assist in the preparation of month-end, quarterly, and year-end closing processes, ensuring timely and accurate financial reporting.
Annual Budgets and Forecasts:
The Inventory Accounting Specialist will support the preparation of annual budgets and forecasts for inventory costs, sales, and COGS. They will conduct physical inventory counts in coordination with the operations team and support year-end audits.
Internal Controls and Compliance:
The successful candidate will assist in implementing and maintaining internal controls to ensure accurate inventory reporting and compliance with company policies. They will collaborate with the finance team to generate and analyze inventory reports, providing insights to improve stock turnover and profitability.
About Us:
At SourceHOV, we value integrity, teamwork, and innovation. Our team is dedicated to delivering exceptional results and creating a positive work environment. If you are a motivated and detail-oriented professional looking for a challenging opportunity, please submit your application.
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Inventory Accounting Specialist
1 week ago
Delhi, Delhi, India SourceHOV Full timeJob Overview:We are seeking a highly skilled and detail-oriented Inventory Accounting Specialist to oversee and manage our inventory accounting processes for retail operations at SourceHOV.This role involves ensuring all inventory transactions are accurately recorded, performing regular inventory reconciliations, and collaborating with retail operations and...
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Inventory Accounting
2 weeks ago
Delhi, Delhi, India SourceHOV Full timeJob Description:· Oversee and manage inventory accounting processes for retail operations, ensuring all inventory transactions are accurately recorded.· Perform regular inventory reconciliations, including monthly, quarterly, and annual stock counts and adjustments.· Collaborate with retail operations and supply chain teams to ensure accurate inventory...
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Inventory Accounting
2 weeks ago
Delhi, Delhi, India SourceHOV Full timeJob Description:· Oversee and manage inventory accounting processes for retail operations, ensuring all inventory transactions are accurately recorded.· Perform regular inventory reconciliations, including monthly, quarterly, and annual stock counts and adjustments.· Collaborate with retail operations and supply chain teams to ensure accurate inventory...
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