Deputy Manager Account

2 weeks ago

Pune, Maharashtra, India PALMONAS Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Deputy Accounts Manager( Inventory reconciliations)

Role Overview

The Deputy Accounts Manager will be responsible for overseeing
inventory accounting, reconciliations, and financial controls
across D2C (website), retail outlets, and marketplace platforms. This role requires a deep understanding of inventory processes, vendor management, and collaboration with cross-functional teams (Operations, Buying, Retail, Merchandising) to ensure accurate financial reporting and smooth business operations.

Key Responsibilities

Inventory Controls & Reconciliation

  • 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.

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 (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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