Metal Accounting | Precious Metal | Platinum Metal | Hyderabad

Location : Hyderabad

Experience : 4 to 9 years

The Metal Accounting Manager is responsible for complete and accurate metal inventory management and reconciliation across the recycling facility. The role ensures all metal reserves are systematically recorded in the ERP system, physically audited (where required), and reported to management on a periodic basis. This position plays a key role in statutory, internal, and bank audits by validating metal stock reports against the physical inventory (excluding the Strong Room) and coordinating with various departments including MID and operations.

Key Responsibilities:

1. Metal Inventory Accounting & Reconciliation

• Compile weekly, monthly, quarterly, half-yearly, and annual reports on metal reserves from various departments into the ERP system.
  
• Maintain accurate virtual inventory records in coordination with Metal Inventory Department (MID) and Strong Room data.
  
• Reconcile virtual (system-based) inventory with physical metal stock regularly.
  
• Perform physical verification of metals (excluding the Strong Room) as part of the audit and reconciliation process.
  
• Investigate and resolve discrepancies between system records and physical inventory.
  

2. Audit & Compliance

• Prepare documentation and support for statutory audits, internal audits, and bank audits.
  
• Ensure that metal accounting data complies with industry regulations and internal controls.
  
• Present accurate and audit-ready reports to auditors and management.
  

3. Systems & Processes

• Maintain and update ERP modules related to metal inventory.
  
• Collaborate with operations, production, and finance teams to streamline metal tracking processes.
  
• Ensure data integrity in the ERP system and support digital transformation initiatives in metal accounting.
  

4. Reporting & Analysis

• Generate detailed MIS reports on metal flow, recovery, and balances for top management.
  
• Analyze trends in metal input/output across departments and suggest corrective actions if deviations occur.
  
• Act as a key custodian of virtual metal data across the company.
  

Key Interfaces:

• Metal Inventory Department (MID)
  
• Production & Operations Teams
  
• Finance & Accounts
  
• Internal Auditors / External Statutory Auditors
  
• Bank Auditors
  
• Strong Room Custodians (for data coordination only)
  

Qualifications:

• Bachelor's degree in Commerce, Finance, Engineering, or related fields.
  
• Preferred: CA/CMA/MBA Finance or equivalent.
  
• Minimum 8 years of experience in metal accounting, inventory control, or finance in a metal/chemical/process industry.
  
• Strong hands-on experience with ERP systems (SAP / Oracle / Custom ERP).