Inventory Group Lead - Accounts - Global Business Services

Inventory Group Lead (Accounts) - Global Business Services (GBS)

This position reports to Head of Costing & Inventory

- CWA / CA / MBA preferred

Purpose:

In this position, selected candidate will be a part of the Finance GBS Costing & Inventory Team and work closely with the Global Controlling / Finance directors, Finance Leads, Supply chain team and CFOs as well as with other GBS partners.

KEY RESPONSIBILITIES:

- Technical/functional knowledge in Accounting and closing &reporting process area, with strong background of USGAAP& inventory accounting

- Managing all inventory related Accounting activities including inventory accounting policies and memos, inventory cost accounting and write offs, their reporting and balance sheet reconciliations.

- Full responsibility for the initial set-up and carve in of all inventory cost accounting activities into the Global Business Services. Therefore tight communication and collaboration with local, regional and global accounting teams where needed

- Supervise and oversee the group's inventory and cost of goods sold journal entries

- Be fully accountable for all the Inventory accounting activities- plan, report, ageing, provisions, monitor and analyze

- Responsible for tight alignment with local accounting and operations as well as procurement and supply chain

- Coordination of SOX compliance work for all entities and create further awareness of importance of SOX compliance

- Driving Standardization of processes and implementing of Best practices

- Support of external and internal audit requests by providing inventory analyses

- Management of day-to-day operations and coaching of the team members

- Support and lead of complex and international ad-hoc projects and ad-hoc reporting

- Support systems implementation and modification to existing system and ensure timely delivery of all system testing and validation.

- Process documentations and certifications - will have to ensure that all process are appropriately documented and periodically certified by team members on regular basis.

- Build and strengthen client relationships to achieve long-term partnerships

- Experience in driving standardization and implementing best practice

Oversee and ensure that appropriate controls are in place to ensure compliance with corporate policies and relevant legislation

- Oversee and support on-going requirements in relation to compliance to financial/commercial laws such as excise duty, customs duty, service tax, VAT, income tax etc.

Other skills:

- SAP& excel experience is must

- IT Literacy- SAP, Oracle or any other ERP, Microsoft Office, Hyperion

- Fluent verbal and written communication in English

- Ability to travel within & outside India when required