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    Job · 21213400

    HYDERABAD · FULLTIME

    Senior Manager, Accounting (Inventory)

    Advance Auto Parts

    Advance Auto Parts

    Hyderabad · onsite · Posted 5d ago

    Sourced fromNaukri
    Undisclosed2–7 yrsfulltimeHyderabad

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    Section · 01

    About this role

    Title: Inventory Accounting, Senior Manager

    Location: Hyderabad, India

    Job Summary

    The Senior Manager leads the AIIC Inventory Accounting team and is accountable for the timely, accurate, and well-controlled execution of inventory accounting activities supporting the financial close and external reporting processes. The role oversees journal entries, account reconciliations, inventory analyses, internal controls, audit support, process documentation, and issue resolution.

    As a senior leader within AIIC Controllership team, the Senior Manager partners with U.S. Inventory Accounting leadership and cross-functional teams, including Asset Protection, Supply Chain, Merchandising, Finance, Audit, and Technology. The role may also support other AIIC accounting processes, provide leadership coverage within Controllership, and help transition additional accounting activities from the United States to India.

    Responsibilities
    • Lead and develop the AIIC Inventory Accounting team, establish clear priorities, and ensure high-quality, timely delivery.
    • Oversee monthly, quarterly, and annual close activities, including journal entries, account reconciliations, inventory analyses, and management reporting.
    • Review inventory balances, valuation, shrink, reserves, obsolescence, and related accounting matters; investigate and resolve significant variances and reconciling items.
    • Ensure inventory accounting complies with U.S. GAAP, company policies, and established close and documentation standards.
    • Partner with U.S. Inventory Accounting leadership and cross-functional stakeholders to resolve accounting, data, process, and control issues.
    • Support the design, implementation, monitoring, and continuous improvement of financial and operational controls.
    • Lead targeted risk and control assessments and recommend practical control enhancements across business, financial, and technology processes.
    • Maintain SOX documentation, including process narratives, flowcharts, risk and control matrices, testing support, and control evidence.
    • Coordinate internal and external audit requests and ensure complete, accurate, and timely responses.
    • Develop and maintain accounting policies, standard operating procedures, process flows, and supporting documentation.
    • Lead process improvement and automation initiatives that improve accuracy, efficiency, scalability, and transparency.
    • Design and monitor key reports and performance measures used to execute controls and manage accounting processes.
    • Lead knowledge transfer, training, and process transitions between U.S. and India teams.
    • Provide clear updates on risks, issues, projects, and results to Controllership and business leadership.
    • Demonstrate sound judgment, integrity, and accountability in all activities.
    Qualifications
    • Demonstrated experience leading and developing accounting professionals.
    • Experience managing monthly, quarterly, and annual financial close activities.
    • Strong knowledge of U.S. GAAP, general ledger accounting, journal entries, account reconciliations, financial analysis, and internal controls.
    • Experience with inventory accounting matters such as valuation, shrink, obsolescence, reserves, standard costing, landed cost, or related areas.
    • Experience supporting SOX compliance and internal or external audits.
    • Experience in a public company, shared service center, global capability center, multinational organization, or similarly matrixed environment.
    • Strong analytical, organizational, problem-solving, and project management skills.
    • Excellent written and verbal English communication, facilitation, and stakeholder-management skills.
    • Ability to manage multiple priorities, work independently, and deliver accurate results within deadlines.
    • High level of initiative, professional judgment, ethics, and integrity.
    • Professional accounting qualification, such as Chartered Accountant, Certified Public Accountant, or Cost and Management Accountant, preferred.
    • Experience with Oracle, BlackLine, and AS400 preferred.
    • Retail, distribution, consumer products, automotive aftermarket, or other high-volume inventory experience preferred.
    Education and Experience
    • Bachelor's degree in Accounting, Finance, Commerce, or a related discipline, or equivalent relevant experience.
    • At least eight years of progressive accounting, controllership, or financial reporting experience.
    • Meaningful experience in inventory accounting, cost accounting, general accounting, or a related operational accounting function.
    Work Location

    This position is located in Hyderabad, India.

    Sourced from naukri

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    Section · 02

    Skills

    AutomationCostingAS400External AuditEnglish CommunicationAsset protectionblacklineAutomotiveauditsControllershipaccountantAudit SupportConsumer ProductsChartered AccountantAccountingcomplianceCost Accounting

    Section · Company

    About Advance Auto Parts

    Advance Auto Parts

    Advance Auto Parts

    Auto Components

    322

    employees

    1932

    94 years old

    Hyderabad, Telangana

    India

    ₹19.5L PA avg

    Avg at Advance Auto Parts

    About

    Advance Auto Parts is a prominent automotive aftermarket retailer, providing a wide range of parts and accessories to both DIY customers and professional installers across the U.S.

    Industries

    Auto ComponentsRetailFashion & Textile

    Employee ratings

    10 reviews

    3.4/ 5

    Culture

    3.2

    Career growth

    2.4

    Work-life

    3.4

    Employees rate it well for

    Compensation & Benefits39Work-Life Balance38

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