Inventory Accounting Senior Manager
Published date: 2024/01/10
- Location: Gurugram, Haryana, India
Your responsibilities will include:
• Coordinate the timeliness, accuracy and completeness of period end close activities for inventory and related inventory reserves, including journal entries, account reconciliations and roll-forwards in accordance with reporting deadlines.
• Manage end-to-end inventory processes and provide analysis of company performance by collecting, interpreting, and presenting key reports to management
• Oversees company cycle count program
• Lead efforts to report, manage & dispose of excess & obsolete inventory.
• Support annually the standard cost update; confirm all costs are updated in ERP system
• Assist in developing material standards and overhead rates for standard cost system
• Collaborate with FP&A, Accounts Payable, Production, Operations, and Logistics departments to ensure accurate recording of inventory and related expenses
• Monitor inventory accounting and related system reports for accuracy and completeness
• Assist with the financial audits and provide recommendations for procedural improvements to ensure accounting procedures and reporting conform to generally accepted accounting principles
• Provide supervision and guidance to assigned staff with day-to-day operations, complex and technical inventory accounting tasks and issues, as well as personal and professional growth
• Assist in establishing departmental goals, objectives, policies, and operating procedures
• Assess workloads and provide recommendations to maximize efficiencies between your staff.
• Perform other ad hoc duties as requested
• Coordinate the timeliness, accuracy and completeness of period end close activities for inventory and related inventory reserves, including journal entries, account reconciliations and roll-forwards in accordance with reporting deadlines.
• Manage end-to-end inventory processes and provide analysis of company performance by collecting, interpreting, and presenting key reports to management
• Oversees company cycle count program
• Lead efforts to report, manage & dispose of excess & obsolete inventory.
• Support annually the standard cost update; confirm all costs are updated in ERP system
• Assist in developing material standards and overhead rates for standard cost system
• Collaborate with FP&A, Accounts Payable, Production, Operations, and Logistics departments to ensure accurate recording of inventory and related expenses
• Monitor inventory accounting and related system reports for accuracy and completeness
• Assist with the financial audits and provide recommendations for procedural improvements to ensure accounting procedures and reporting conform to generally accepted accounting principles
• Provide supervision and guidance to assigned staff with day-to-day operations, complex and technical inventory accounting tasks and issues, as well as personal and professional growth
• Assist in establishing departmental goals, objectives, policies, and operating procedures
• Assess workloads and provide recommendations to maximize efficiencies between your staff.
• Perform other ad hoc duties as requested
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