Sr. Accounts Executive (Inventory)

3 years

3 - 4 Lacs

Posted:2 weeks ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Summary:

The Inventory Accounts Senior Executive is responsible for managing and reconciling inventory accounts, ensuring accurate recording of inventory transactions, monitoring stock movements, and supporting audits. The role requires strong accounting knowledge, attention to detail, and coordination with procurement, warehouse, and finance teams to maintain accurate inventory records.

Key Responsibilities:

  • Monitor and reconcile inventory ledgers and accounts regularly.
  • Record inventory transactions (receipts, issues, adjustments, transfers) accurately in ERP/accounting systems.
  • Investigate and resolve discrepancies between physical stock and system records.
  • Coordinate with warehouse and procurement teams to ensure data accuracy.
  • Assist in monthly, quarterly, and year-end closing related to inventory.
  • Support physical inventory counts and cycle counts, and reconcile the results.
  • Maintain inventory valuation reports and stock aging analysis.
  • Ensure compliance with internal controls, accounting policies, and procedures.
  • Assist auditors with inventory-related documentation and reports.
  • Prepare periodic inventory reports for management review.

Required Skills & Qualifications:

  • Bachelor’s degree in accounting, Commerce, or related field.
  • 3+ years of relevant experience in inventory accounting or related roles.
  • Strong knowledge of accounting principles related to inventory (FIFO, LIFO, Weighted Average).
  • Proficiency in ERP systems (e.g., Tally, etc.).
  • Advanced MS Excel skills.
  • Good analytical and problem-solving abilities.
  • Strong communication and coordination skills.
  • Attention to detail and high level of accuracy.

Preferred Attributes:

  • Experience in manufacturing, retail, or trading industry.
  • Exposure to inventory audits and statutory compliance.
  • Ability to work independently and handle multiple priorities.

Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹40,000.00 per month

Benefits:

  • Food provided
  • Health insurance
  • Leave encashment
  • Provident Fund

Schedule:

  • Day shift

Supplemental Pay:

  • Overtime pay
  • Yearly bonus

Work Location: In person

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