Inventory Accountant
Hyderabad, Telangana, India · Full Time
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- Experience
- 4–6 yrs
- Salary
- —
- Openings
- 1
- Posted
- 5 gün önce
- Work mode
- In office
- Education
- CA/CWA or Commerce graduate/MBA
- Resume
- Required to apply
Where you'll work
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Job description
About the Role
The Accounting Team at Azurity Pharmaceuticals is looking for a Senior Specialist in Inventory Accounting to enhance finance processes and enable accurate decision-making. This position is based onsite at the Hyderabad office and requires a proactive individual who takes full responsibility for their function. The role involves collaborating closely with Commercial, Legal, and Accounting teams to facilitate seamless data flow from operations through to FP&A. When challenges arise, the candidate is expected to thoroughly investigate root causes and identify solutions.
Key Duties
- Monitor and assess inventory transactions including stock movements, purchases, and usage.
- Maintain accurate inventory records within the Financial System.
- Validate inventory costs calculated by the system using standard accounting methodologies.
- Examine cost discrepancies and report on variances.
- Assist in establishing and overseeing standard costs for inventory items as required.
- Prepare and review journal entries related to inventory.
- Ensure inventory valuation complies with established accounting principles.
- Produce inventory reports for management and auditor review.
- Uphold adherence to corporate policies and accounting standards.
Qualifications and Experience
- Chartered Accountant (CA) or Cost and Works Accountant (CWA) with 4 to 6 years experience, or Commerce graduate/MBA with minimum 12 years of experience.
- Previous experience in the pharmaceutical sector is advantageous.
- Familiarity with US Generally Accepted Accounting Principles (GAAP).
- Preferred experience using Oracle Fusion financial systems.
- Proficient with Microsoft Office suite (Excel, Word, PowerPoint, Outlook) and finance software.
- Strong analytical capability with close attention to detail is essential.
Desired Attributes and Skills
- Ability to recognize trends and enhance financial forecasting through analysis.
- Effective team player with excellent interpersonal skills to engage diverse stakeholders.
- Flexibility and ability to manage competing priorities and deadlines efficiently.
Industry
Pharmaceuticals