Senior Accountant - Inventory Management

Job Description

Role Overview:As a Senior Accountant - Inventory at DNA Growth in Mohali, Punjab, you will be responsible for overseeing and managing all inventory-related accounting functions. Your role will involve maintaining accurate inventory records, performing detailed reconciliations, managing month-end and year-end closing activities, and preparing detailed inventory MIS reports. You will also play a key role in optimizing processes, coordinating with cross-functional teams, and ensuring compliance with accounting standards.Key Responsibilities:- Maintain accurate and up-to-date inventory records in the accounting/ERP system.- Perform detailed inventory reconciliations, including stock ledgers, GRN entries, WIP, and material consumption tracking.- Manage month-end and year-end closing activities related to inventory, including journal entries, accruals, and adjustments.- Oversee valuation of inventory (FIFO/Weighted Average/Standard Costing) and ensure compliance with accounting standards.- Prepare detailed inventory MIS reports, ageing summaries, consumptions, shrinkage analysis, and management dashboards.- Monitor and streamline the end-to-end inventory workflow, including inbound, outbound, transfers, and returns.- Support the implementation of internal controls, SOPs, and best practices for efficient inventory management.- Participate in ERP improvements, module testing, and integration enhancements to strengthen data accuracy and reporting.- Maintain and update item master data, SKU codes, pricing, and storage locations in ERP.- Ensure timely posting and verification of all inventory transactions to avoid delays or mismatches.- Leverage tools like NetSuite, Dynamics, SAP, Odoo, Zoho Inventory, Cin7, or similar platforms to enhance visibility and accuracy.Qualifications Required:- Bachelors degree in Business Administration, Logistics, Supply Chain Management Accounting, Commerce, Finance, or related field.- Proven experience (2-4 years for mid-level) in inventory accounting.- Hands-on experience with inventory software such as NetSuite, Dynamics, Cin7, SAP, and Odoo.- Knowledge of cost accounting, BOM analysis, and WIP tracking.(Note: The additional details about DNA Growth have been omitted as they were not included in the job description) Role Overview:As a Senior Accountant - Inventory at DNA Growth in Mohali, Punjab, you will be responsible for overseeing and managing all inventory-related accounting functions. Your role will involve maintaining accurate inventory records, performing detailed reconciliations, managing month-end and year-end closing activities, and preparing detailed inventory MIS reports. You will also play a key role in optimizing processes, coordinating with cross-functional teams, and ensuring compliance with accounting standards.Key Responsibilities:- Maintain accurate and up-to-date inventory records in the accounting/ERP system.- Perform detailed inventory reconciliations, including stock ledgers, GRN entries, WIP, and material consumption tracking.- Manage month-end and year-end closing activities related to inventory, including journal entries, accruals, and adjustments.- Oversee valuation of inventory (FIFO/Weighted Average/Standard Costing) and ensure compliance with accounting standards.- Prepare detailed inventory MIS reports, ageing summaries, consumptions, shrinkage analysis, and management dashboards.- Monitor and streamline the end-to-end inventory workflow, including inbound, outbound, transfers, and returns.- Support the implementation of internal controls, SOPs, and best practices for efficient inventory management.- Participate in ERP improvements, module testing, and integration enhancements to strengthen data accuracy and reporting.- Maintain and update item master data, SKU codes, pricing, and storage locations in ERP.- Ensure timely posting and verification of all inventory transactions to avoid delays or mismatches.- Leverage tools like NetSuite, Dynamics, SAP, Odoo, Zoho Inventory, Cin7, or similar platforms to enhance visibility and accuracy.Qualifications Required:- Bachelors degree in Business Administration, Logistics, Supply Chain Management Accounting, Commerce, Finance, or related field.- Proven experience (2-4 years for mid-level) in inventory accounting.- Hands-on experience with inventory software such as NetSuite, Dynamics, Cin7, SAP, and Odoo.- Knowledge of cost accounting, BOM analysis, and WIP tracking.(Note: The additional details about DNA Growth have been omitted as they were not included in the job description)

Keyskills :
Inventory ManagementCostingInventory AccountingProcess OptimizationInternal ControlsSOPsReportingPricingDynamicsSAPCost AccountingAnalytical SkillsReconciliationsERP SystemsInventory ControlsERP ImprovementsData AccuracyItem Master Data M