Record To Report Ops Analyst

About The Role

Skill required: Record To Report - Inventory Accounting Operations

Designation: Record to Report Ops Analyst

Qualifications:BBA/BCom/Any Graduation

Years of Experience:3 to 5 years
About AccentureCombining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song all powered by the worlds largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. Visit us at www.accenture.com

What would you do The role of an Inventory Accounting Analyst typically involves managing and analyzing inventory-related financial data to ensure accurate reporting and compliance with accounting standards. Inventory Management:Monitor and analyze inventory levels, movements, and valuations. Ensure accurate recording of inventory transactions in the accounting system.Financial Reporting:Prepare and reconcile inventory-related accounts for monthly, quarterly, and annual financial statements. Assist in the preparation of inventory reports for management and stakeholders.Cost Analysis:Analyze inventory costs and variances to identify trends and discrepancies. Collaborate with operations and procurement teams to optimize inventory costs.Compliance and Auditing:Ensure compliance with accounting standards and company policies related to inventory. Support internal and external audits by providing necessary documentation and explanations.Working knowledge on inventory valuation, Inventory adjustment journal entries and shrink reserve conceptRetail Industry experienceProcess Improvement:Ability to Identify opportunities to improve inventory accounting processes and systems. Implement best practices to enhance efficiency and accuracy.Collaboration:Ability to Work closely with supply chain, operations, and finance teams to align inventory accounting with business objectives. Provide insights and recommendations to support decision-making.Attention to detail and accuracy. Ability to solve problems and to manage demanding situations with tactBachelor s degree in Accounting, Finance, or a related field.Experience in inventory accounting or related roles.Proficiency in accounting software and Microsoft Excel.Knowledge of accounting standards (e.g., GAAP, IFRS) is preferred.Excellent communication and interpersonal skills.

What are we looking for Account ReconciliationsAccounting Journal EntriesInventory Optimization AnalyticsProduct Costing and InventoryStrong analytical skillsDetail orientationProblem-solving skillsAdaptable and flexibleWritten and verbal communicationWritten Communication
Roles and Responsibilities: In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts
Qualification
BBA,BCom,Any Graduation