Inventory Costing Manager

7 days ago

Pune, Maharashtra, India Talent Hired-the Job Store Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Roles & Responsibilities:

1) Coordinate annual physical verification, validate book stock vs physical stock, follow up for inventory differences and its tax

2) implications to ensure Statutory Compliance and internal control.

3) Prepare and communicate to all factory users, inventory target for all material types (CBU, KD, LP etc) to control and optimise inventory holding cost.

4) Collaborate, compile, analyze and account inventories before month closing to avoid negative inventories, backlog errors to ensure material cost closing for the month.

5) Prepare Net realizable valuation and related party transactions, report to parent company and statutory auditors for MIS and audit completion.

6) Analyze open payables to identify invoices which are accounted but pending payment, follow up and ensure payment.

7) Analyze component wise inventory vis--vis plan and report deviations to management to exercise inventory control.

8) Analysis air freight cost vis--vis plan to ensure effectiveness of cost control.

9) Coordinate with user/ taxation for accounting of vendor debits and resultant tax implications to ensure cost recovery.

10) Coordinate validate and account customs duty payable to ensure timely payment of statutory obligations.

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