Skill required: Record To Report - Record To Report (R2R)
Designation: Delivery Operations Specialist
Qualifications: Chartered Accountant
Years of Experience: 7 to 11 years
What would you do
We are seeking an experienced Inventory & Cost Accounting professional to own inventory valuation, cost accounting, inventory reconciliations, manufacturing accounting, inventory reporting, and month-end close activities for a Consumer Goods organization.
The role will partner closely with Supply Chain, Procurement, Manufacturing Operations, Contract Manufacturers, and Commercial Finance to ensure inventory accuracy,
Technical Skills
NetSuite ERP (preferred)
SAP, Oracle, JDE, Dynamics, or similar ERP systems
Advanced Excel
Power BI or reporting tools
Inventory costing methodologies:
o Standard Costing
o PPV Analysis
o Inventory Revaluation
o Manufacturing Variance Analysis
o Inventory Reserve Accounting
Strong Knowledge of
Inventory Accounting
Cost Accounting
Inventory Valuation
What are we looking for
Primary skill - Record To Report (R2R) - P4 Education
Chartered Accountant (CA), CMA, CPA, ACCA, CIMA or MBA Finance.
Graduate Post Graduate in Commerce, Accounting, Finance, or related discipline
5+ years of Inventory Accounting, Cost Accounting, Manufacturing Finance, or Supply Chain Finance experience.
Experience in Consumer Goods, Manufacturing, Retail, or D2C organizations.
Experience working with Contract Manufacturing environments preferred.
Strong month-end close and balance sheet reconciliation experience.
Experience supporting audits and inventory controls.
Roles and Responsibilities:
Inventory Accounting & Reconciliations
Perform monthly inventory reconciliations across warehouses, contract manufacturers, and third-party logistics partners.
Reconcile Amazon (AMZ) inventory balances against NetSuite inventory records and ensure inventory ownership is accurately reflected in the books.
Record inventory adjustment journal entries where discrepancies are identified.
Review inventory-in-transit balances and ensure accurate accounting treatment.
Upload and maintain inventory-by-location reporting for contract manufacturing and inventory operations teams.
Investigate inventory variances and partner with Supply Chain to resolve root causes
. Cost Accounting & Inventory Valuation
Monitor and validate inventory standard costs and product cost structures.
Execute annual standard cost roll processes and inventory cost revaluation activities.
Analyze Inventory Cost Revaluation (ICR) impacts and ensure proper accounting treatment.
Review Zero-Cost Inventory reports and coordinate corrective actions with Supply Chain and Procurement teams.
Conduct Purchase Price Variance (PPV) analysis and partner with Supply Chain to understand and resolve deviations.
Ensure inventory valuation complies with company policy and accounting standards.
. Manufacturing & Contract Manufacturer Accounting
Review completed manufacturing work orders and reconcile finished goods receipts with contract manufacturer production reports.
Validate production quantities, pricing, yields, and inventory receipts.
Investigate manufacturing variances and support inventory adjustments where required.
Review aging manufacturing orders and coordinate closure or correction with Supply Chain teams.
Support inventory controls for outsourced manufacturing operations
. Inventory Reserves & Disposals
Review inventory disposal requests submitted by Supply Chain.
Qualification Chartered AccountantSourced from naukri