
Inventory Management Specialist
9 hours ago
Job Title: Inventory Management Professional
Purpose:
The position of Inventory Management Professional involves overseeing inventory across sales channels, ensuring accurate valuation of inventory, and identifying discrepancies.
Main Responsibilities:
- Inventory Controls & Reconciliation
- 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
Financial Planning & Analysis:
- 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
Metrics & Reporting:
- 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 (Tally, ERP Next systems) 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
Why This Role Matters:
This role plays a critical part in driving business growth through efficient inventory management and financial planning.
About You:
We are looking for a detail-oriented and organized individual who can thrive in a dynamic environment and drive results through effective inventory management and financial planning.
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