Inventory Accounting Expert

1 week ago


Bengaluru, Karnataka, India Lifelancer Full time

Job Overview

Cytiva, a global life sciences leader, is seeking an experienced Inventory Accounting Expert to join its team in Bengaluru, India. This is a unique opportunity to accelerate your career and contribute to the company's mission of advancing future therapeutics from discovery to delivery.

Estimated Salary: ₹1,500,000 - ₹2,000,000 per annum (dependent on experience)

About the Role

The Inventory Accounting Expert will be responsible for leading the preparation of Excess & Obsolete (E&O) reserve balances for global Oracle legal entities, partnering with Plant Controllers and Business Finance leaders to facilitate accurate and timely E&O reserves, and preparing and recording E&O quarterly General Ledger entries.

Key Responsibilities

  • Lead the preparation of E&O reserve balances for global Oracle legal entities;
  • Partner with Plant Controllers and Business Finance leaders to facilitate accurate and timely E&O reserves;
  • Prepare and record E&O quarterly General Ledger entries;
  • Drive process improvement and automation;
  • Implement global standard work to ensure E&O accuracy and link E&O movements to underlying business/site performance;
  • Prepare inventory account reconciliations;
  • Participate in global Sarbanes-Oxley testing of inventory processes;

Requirements

  • Bachelor's degree /MBA in finance and accounting/CA/ICWA with 10-15 years of experience in an accounting/finance position;
  • Knowledge and experience of inventory accounting;
  • Previously worked in a global business environment with experience of global processes and transactional flows;
  • Proficient in Excel, including Pivots and Vlookups;
  • Experience of ERP usage, for example Oracle or SAP;

Benefits

Cytiva offers a comprehensive benefits package that includes health insurance, retirement savings, and paid time off. The company also provides opportunities for professional growth and development, as well as a dynamic and inclusive work environment.

Why Cytiva?

Cytiva is a global life sciences leader that is committed to advancing future therapeutics from discovery to delivery. Our team is passionate about making a difference in people's lives, and we are looking for talented individuals who share our vision and values.



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