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 & Valuation Ensure accurate inventory valuation in line with accounting standards (FIFO / Weighted Average, etc.) Monitor and validate inventory costing , including material cost, overhead allocation, and standard costing Review and post inventory-related journal entries Financial Controls & Reconciliation Perform monthly inventory reconciliation between physical stock and books Investigate and resolve stock variances and discrepancies Ensure robust internal controls over inventory movements and adjustments Audit & Compliance Support internal and statutory audits related to inventory Ensure compliance with accounting standards, SOPs, and internal policies Maintain proper documentation for all inventory transactions MIS & Reporting Prepare inventory reports (aging, slow-moving, obsolete stock, provisions) Track and report inventory provisions and write-offs Provide insights on working capital optimization and inventory turnover Business Partnering Work closely with supply chain, procurement, and plant teams to ensure inventory accuracy Systematic implementation of Perpetual Inventory process along with Stores Team Validate material consumption and production entries from a finance perspective Drive accountability for inventory losses and inefficiencies Process Improvement Strengthen inventory control frameworks and SOPs Identify opportunities for cost optimization and reduction in excess inventory Drive automation and ERP best practices Key Skills & Competencies Strong understanding of inventory accounting & costing principles Hands-on experience in SAP ECC or SAP S/4 Hana System (MM/FI/CO) Strong analytical and reconciliation skills Knowledge of internal controls, audit, and compliance frameworks High attention to detail and ownership mindset Qualifications CA / CMA with relevant experience Experience 4 + years of experience in finance roles with inventory exposure Experience in manufacturing environment is essential Key KPIs Inventory reconciliation accuracy Variance closure timelines Inventory provision accuracy Audit observations (zero/low) Working capital improvement (inventory days)