Job Description

Skill required:

Record To Report - Inventory Accounting Operations

Designation:

Record to Report Ops Senior Analyst

Qualifications:

BBA/BCom/Any Graduation

Years of Experience:

5 to 8 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song-- all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

What would you do?

A Senior Analyst in Inventory Accounting is responsible for managing and analyzing inventory-related financial data to ensure accurate reporting and compliance with accounting standards. This role involves collaborating with cross-functional teams, monitoring inventory transactions, and providing insights to support business decisions. o Inventory Management: Monitor and reconcile inventory accounts. Ensure accurate valuation of inventory, including raw materials, work-in-progress, and finished goods. Financial Reporting: Prepare inventory-related financial reports and statements. Ensure compliance with accounting standards (e.g., GAAP, IFRS). Analysis and Insights: Analyze inventory trends and variances. Provide recommendations to optimize inventory levels and reduce costs. o Compliance and Auditing: Ensure compliance with accounting standards and company policies related to inventory. Support internal and external audits by providing necessary documentation and explanations. o Working knowledge on inventory valuation, Inventory adjustment journal entries and shrink reserve concept o Experience in overall accounting concepts and processes viz. Month end close activities, Balance Sheet Reconciliations, Journals, Inter Company transactions, Fixed Assets, project accounting etc o Retail Industry experience o Excellent communication and interpersonal skills. o Advanced knowledge of Microsoft Office Excel and Access databases, working with large volumes of data o Familiarity with VBA and SQL would be considered an asset o Knowledge of SAP or other ERP systems o Ability to investigate and identity root cause of system issues affecting Inventory o Capable of analyzing data, developing reporting, providing trending analysis and conclusions o Process Improvement: Ability to Identify opportunities to improve inventory accounting processes and systems. Implement best practices to enhance efficiency and accuracy. o Collaboration: Ability to Work closely with supply chain, operations, and finance teams to align inventory accounting with business objectives. Provide insights and recommendations to support decision-making. o Attention to detail and accuracy. Ability to solve problems and to manage demanding situations with tact

What are we looking for?

oAccount Reconciliations oAccounting Journal Entries oInventory Optimization Analytics oProduct Costing and Inventory oStrong analytical skills oDetail orientation oProblem-solving skills oAdaptable and flexible oWritten and verbal communication o Bachelor s degree in Accounting, Finance, or a related field. o Experience in inventory accounting or related roles. o 3-5 years of experience in inventory accounting or related roles. o Current enrollment within a recognized accounting program would be considered an asset o Knowledge of accounting standards (e.g., GAAP, IFRS) is preferred

Roles and Responsibilities:

oIn this role you are required to do analysis and solving of increasingly complex problems o Your day to day interactions are with peers within Accenture o You are likely to have some interaction with clients and/or Accenture management o You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments o Decisions that are made by you impact your own work and may impact the work of others o In this role you would be an individual contributor and/or oversee a small work effort and/or team o Please note that this role may require you to work in rotational shifts




BBA,BCom,Any Graduation