
Senior Inventory Accountant
3 days ago
Job Overview:
We are seeking a skilled accounting professional to oversee our inventory control and reconciliation processes.
Key Responsibilities:
- Inventory Controls & Reconciliation
- Monitor and reconcile inventory across sales channels: 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.
Accounts & 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 (GST, TDS, etc.) 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 (retail/D2C/marketplace experience preferred).
- Hands-on experience with accounting software and advanced Excel.
- Good understanding of taxation and compliance (GST, TDS).
- Strong analytical, problem-solving, and organizational skills.
- Ability to coordinate across departments and work in a fast-paced environment.
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