Inventory Accountant

Confidential Company

Job Description

Roles & Responsibilities

Desired Candidate Profile

. Accounting Operations

• Post daily sales entries accurately in the accounting system.
• Cross-check and verify sales invoices to ensure accuracy and completeness.
• Support month-end closing processes, including journal entries and reconciliation activities.

2. Accounts Payable & Receivable

• Manage full-cycle Accounts Payable (AP) and Accounts Receivable (AR).
• Prepare bills, process vendor payments (NEFT/RTGS), and handle customer collections.
• Perform monthly bank reconciliations and ensure timely resolution of discrepancies.

3. Inventory Management

• Plan and execute periodic stock counts and physical inventory verifications.
• Reconcile physical stock with system-generated inventory reports.
• Monitor stock variance and ensure accurate reporting.

4. Issue Resolution & Reporting

• Investigate and resolve inventory discrepancies and report concerns promptly.
• Identify and escalate system issues related to store operations and stock movements.
• Prepare and submit regular stock, sales, and variance reports to management.

5. Compliance & Audit

• Maintain accurate accounting records and documentation.
• Coordinate with internal and external auditors during audit processes.
• Ensure adherence to company accounting policies and financial procedures.

6. Collaboration

• Work closely with operations, purchasing, and store teams on daily transactions.
• Follow up on pending entries, stock updates, and urgent delivery requirements.
• Provide support to cross-functional teams to ensure smooth financial operations.