Inventory Executive

Job Responsibilities – Inventory Executive

Inventory Management

• Maintain accurate inventory records in the ERP/stock management system.
• Perform daily stock posting, adjustments, and reconciliation in the system based on GRNs, purchase invoices, and warehouse documentation.
• Monitor stock levels and highlight discrepancies, slow-moving items, near-expiry batches, and shortages to management.
• Verify system-generated stock reports and ensure alignment with physical warehouse balances.

Warehouse Coordination

• Conduct weekly visits to the warehouse for physical stock counts, sampling checks, and verification of inbound/outbound movements.
• Coordinate with warehouse staff to ensure proper documentation of receiving, dispatching, and storage practices.
• Investigate and resolve stock variances between system records and warehouse physical stocks.
• Monitor FIFO/FEFO compliance, especially for food and pharma products.

Reconciliation & Reporting

• Prepare monthly inventory reconciliation statements and variance analysis reports.
• Assist in internal and external audits by providing updated stock reports, movement summaries, and supporting documents.

Documentation & Compliance

• Maintain and file all inventory documents including stock sheets, delivery orders, discrepancy reports, and adjustment approvals.
• Coordinate with procurement, accounts, and sales teams to ensure smooth stock flow and timely updates.

Operational Support

• Track inbound shipments, coordinate with clearing/forwarding teams, and update stock arrival timelines.
• Support cycle counts and annual stock-taking activities.
• Identify opportunities to improve stock accuracy, warehouse processes/ efficiency.

Eligibility Criteria

• Education: Minimum Bachelor’s degree in Commerce (B.Com / BBA) or ACCA/ ICMA Part Qualified- (Master's Preferred).
• Age: Maximum 28 years.
• Experience: At least 3–5 years of relevant experience in inventory control, stock reconciliation, or warehouse coordination (preferably in food, pharma, Chemicals)
• Skills Required:
• Strong command of MS Excel and inventory ERP systems
• Good understanding of stock reconciliation processes
• Knowledge of FEFO/FIFO principles
• Strong analytical and reporting skills
• Ability to visit warehouse weekly and work with cross-functional teams

Job Type: Full-time

Pay: Rs70,000.00 - Rs80,000.00 per month

Work Location: In person