NetSuite Inventory Accountant

Location: Mohali

Job Title:

Net Suite Inventory Accountant

Location:

Gurugram
Department:  Finance & Accounts

Employment Type:

Full-time
Company Website:  
Time Commitment:  Full-time with 4-hour U.S. time zone overlap
Working Days:  Monday to Friday & 1 working Saturday in every month

About the Role:

We are seeking a highly skilled Senior
Accountant – Inventory  to oversee and manage all inventory-related
accounting functions. The ideal candidate will bring strong experience in
inventory management, costing, reconciliations, and ERP systems. The role
requires exceptional analytical capabilities, attention to detail, and the
ability to collaborate with cross-functional teams including procurement,
warehousing, and operations.

Key Responsibilities:

Inventory Accounting & Controls

· Maintain accurate and
up-to-date inventory records in the accounting/ERP system.

· Perform detailed inventory
reconciliations, including stock ledgers, GRN entries, WIP, and material
consumption tracking.

· Manage month-end and year-end
closing activities related to inventory, including journal entries, accruals,
and adjustments.

· Oversee valuation of inventory
(FIFO/Weighted Average/Standard Costing) and ensure compliance with accounting
standards.

· Prepare detailed inventory MIS
reports, ageing summaries, consumptions, shrinkage analysis, and management
dashboards.
Process Optimization &
Cross-functional Coordination

· Monitor and streamline the
end-to-end inventory workflow, including inbound, outbound, transfers, and
returns.

· Support the implementation of
internal controls, SOPs, and best practices for efficient inventory management.

· Participate in ERP
improvements, module testing, and integration enhancements to strengthen data
accuracy and reporting.
ERP & System Responsibilities

· Maintain and update item master
data, SKU codes, pricing, and storage locations in ERP.

· Ensure timely posting and
verification of all inventory transactions to avoid delays or mismatches.

· Leverage tools like Net Suite, Dynamics,
SAP, Odoo, Zoho Inventory, Cin7, or similar platforms to enhance visibility and
accuracy.

What we are looking for:
Education & Experience

· Bachelor's degree in Business
Administration, Logistics, Supply Chain Management Accounting, Commerce,
Finance, or related field.

· Proven experience (2-4 years
for mid-level) in inventory accounting

· Hands-on experience with
inventory software such as Net Suite, Dynamics, Cin7, SAP, and Odoo.

· Knowledge of cost accounting,
BOM analysis, and WIP tracking.
Skills & Competencies

· Strong understanding of
inventory accounting standards, stock valuation methods, and reconciliation
processes.

· Excellent analytical,
numerical, and problem-solving abilities.

· Ability to work independently
as well as in a team-based environment.

· High accuracy, discipline, and
commitment to meeting deadlines.