Job Title

Role Overview The Inventory Controller – Finance is responsible for ensuring accurate inventory valuation, accounting, and financial control over inventory across Raw Materials, WIP, Semi Finished Goods, and Finished Foods. The role plays a critical part in financial reporting, audit compliance, cost control, and working capital management. Key Responsibilities Inventory Accounting & ValuationEnsure accurate inventory valuation in line with accounting standards (FIFO / Weighted Average, etc.)Monitor and validate inventory costing, including material cost, overhead allocation, and standard costingReview and post inventory-related journal entriesFinancial Controls & ReconciliationPerform monthly inventory reconciliation between physical stock and booksInvestigate and resolve stock variances and discrepanciesEnsure robust internal controls over inventory movements and adjustmentsAudit & ComplianceSupport internal and statutory audits related to inventoryEnsure compliance with accounting standards, SOPs, and internal policiesMaintain proper documentation for all inventory transactionsMIS & ReportingPrepare inventory reports (aging, slow-moving, obsolete stock, provisions)Track and report inventory provisions and write-offsProvide insights on working capital optimization and inventory turnoverBusiness PartneringWork closely with supply chain, procurement, and plant teams to ensure inventory accuracySystematic implementation of Perpetual Inventory process along with Stores TeamValidate material consumption and production entries from a finance perspectiveDrive accountability for inventory losses and inefficienciesProcess ImprovementStrengthen inventory control frameworks and SOPsIdentify opportunities for cost optimization and reduction in excess inventoryDrive automation and ERP best practicesKey Skills & CompetenciesStrong understanding of inventory accounting & costing principlesHands-on experience in SAP ECC or SAP S/4 Hana System (MM/FI/CO)Strong analytical and reconciliation skillsKnowledge of internal controls, audit, and compliance frameworksHigh attention to detail and ownership mindsetQualificationsCA / CMA with relevant experienceExperience4 + years of experience in finance roles with inventory exposureExperience in manufacturing environment is essentialKey KPIsInventory reconciliation accuracyVariance closure timelinesInventory provision accuracyAudit observations (zero/low)Working capital improvement (inventory days)