Inventory Accountant- Finance team

Top Pharma MNC

Inventory Accountant- Finance team

FlexAbility

Company

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Inventory Accountant- Finance team

at Top Pharma MNC

Agency job

via FlexAbility

4 - 12 yrs

₹4.8L - ₹10L / yr

Bengaluru (Bangalore)

Skills

Inventory Management

Inventory reporting

Plant accounting

Product costing

Inventory valuation

inventory accounting

USGAAP

Responsible for regularly generate and analyse Inventory reports for the assigned site location, Support site Finance team on analysis of Cost of Raw Materials and Production, Inventory Variance analysis, updating of valuation class, Create and Archive Monthly Journal Entries. Analysis of inventory transactions to ensure integrity of inventory value, COGS, and inventory adjustments & provisioning, purchase price variance, to ensure accurate financial reporting of inventory.

Communication and (internal) stakeholder management with higher management levels within the Global Teva organization is required in this process.

KEY RESPONSIBILITIES

Technical/functional knowledge in Inventory Accounting, Closing and inventory reporting
Preparation of Journal Entries & Supporting schedule
Perform Monthly and quarterly inventory close activities of multiple entities
Analysis of the inventory and variances per legal entities, obtain explanation on deviations and prepare a summarized reporting on a monthly basis within scheduled time
Preparation & clearance of reconciling items of account reconciliations
Hands on experience in submission of trial balance in HFM
Hands on experience in Inventory analysis support site Finance leaders
Identify & drive standardization opportunities in processes and tasks across the team

Support of external and internal audit requests by providing inventory analyses
Management of day-to-day operations relating to inventory accounting & analysis

Ensuring that accounting books and records comply with accounting policies and regulations
Provide supporting documents and explanations for all internal and external audit as and when required

Participate in ad-hoc activities and projects

SKILLS/QUALIFICATIONS:

University education in Accounting or Finance required
ICWA / CA / MBA
Minimum experience of 4+ years of inventory accounting & reporting experience
Preferably familiar with USGAAP

Working knowledge of internal controls
Good working knowledge of SAP
Good analytical skills and have hands on experience on inventory working & analysis

Fluent verbal and written communication in English

Experience in a multinational firm or within a GBS (Global Business Service) is preferred

Hands-on and proactive; strong organizational skills

Accustomed to working with deadlines, in a dynamic environment

Results driven and service oriented to internal and external customers
Excellent collaboration with colleagues within the local organization and with the colleagues of the global business service to support the overall Finance department’s goals and objectives
Flexible and able to work in a changing environment

Strong focus on improvement opportunities
Want to work in a new (to be) established team
Process documentations and certifications – will have to ensure that all process are appropriately documented and periodically certified by team members on regular basis
The individuals must have hands on experience in preparing process flows

Communication and (internal) stakeholder management with higher management levels within the Global Teva organization is required in this process.

KEY RESPONSIBILITIES

Technical/functional knowledge in Inventory Accounting, Closing and inventory reporting
Preparation of Journal Entries & Supporting schedule
Perform Monthly and quarterly inventory close activities of multiple entities
Analysis of the inventory and variances per legal entities, obtain explanation on deviations and prepare a summarized reporting on a monthly basis within scheduled time
Preparation & clearance of reconciling items of account reconciliations
Hands on experience in submission of trial balance in HFM
Hands on experience in Inventory analysis support site Finance leaders
Identify & drive standardization opportunities in processes and tasks across the team

Support of external and internal audit requests by providing inventory analyses
Management of day-to-day operations relating to inventory accounting & analysis

Ensuring that accounting books and records comply with accounting policies and regulations
Provide supporting documents and explanations for all internal and external audit as and when required

Participate in ad-hoc activities and projects

SKILLS/QUALIFICATIONS:

University education in Accounting or Finance required
ICWA / CA / MBA
Minimum experience of 4+ years of inventory accounting & reporting experience
Preferably familiar with USGAAP

Working knowledge of internal controls
Good working knowledge of SAP
Good analytical skills and have hands on experience on inventory working & analysis

Fluent verbal and written communication in English

Experience in a multinational firm or within a GBS (Global Business Service) is preferred

Hands-on and proactive; strong organizational skills

Accustomed to working with deadlines, in a dynamic environment

Results driven and service oriented to internal and external customers
Excellent collaboration with colleagues within the local organization and with the colleagues of the global business service to support the overall Finance department’s goals and objectives
Flexible and able to work in a changing environment

Strong focus on improvement opportunities
Want to work in a new (to be) established team
Process documentations and certifications – will have to ensure that all process are appropriately documented and periodically certified by team members on regular basis
The individuals must have hands on experience in preparing process flows

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