Senior Inventory Control Specialist

19 hours ago

Mysore, Karnataka, India beBeeInventory Full time ₹ 9,00,000 - ₹ 12,00,000
Deputy Accounts Manager

We are seeking a highly skilled Deputy Accounts Manager to join our team at Palmonas. This role will be responsible for inventory control and reconciliation, accounts and financial management, cross-functional coordination, and reporting & controls.

About the Role:

This is a dynamic opportunity for an experienced professional in inventory management and accounting. The successful candidate will have a strong understanding of inventory control processes, including stock movement accounting, valuation, and reconciliation. They will also possess excellent analytical and problem-solving skills, with the ability to coordinate across departments and work in a fast-paced environment.

Key Responsibilities:
  • Monitor and reconcile inventory across sales channels: retail stores, marketplaces (Amazon, Myntra, etc.), 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.
  • 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.
  • 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.
  • 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.

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