Inventory and InterCo Accounting Supervisor

 Key Responsibilities: 

• Manage a team of 7 people
• Perform inventory valuations, including calculating cost of goods sold, inventory obsolescence, and write-offs.
• Collaborate with product leadership on demand planning and advise on requisite inventory reserves.
• Work with Logistics and FP&A teams to develop freight forecasts (inward/outward).
• Partner with the pricing team to update Oracle standard costs and SFDC costs.
• Present R&O (Risk and Opportunity) items to leadership and participate in collective decision-making.
• Ensure accurate COGS recording against revenue and guide the business team on purchase price variance.
• Ensure calculation related to inventory reserves for On Hand, On Loan, and Excess & Obsolete (E&O) inventory are in alignment with the policy and demand plan.
• RMA and Spares Accounting- Manage accounting for Returns Material Authorizations (RMA) and spares.
• Third Party Rebate ClaimManage third-party rebate claims and ensure accurate accounting.
• Software Royalty ComputationCalculate software royalties and ensure accurate accounting.
• Balance Sheet ReconciliationsPerform balance sheet reconciliations for inventory and other relevant accounts.
• Product PaymentsManage payments for Hitachi products and ensure accurate accounting.
• Intercompany Cross ChargesManage intercompany cross charges and ensure accurate accounting.
• Resale Minus ComputationCalculate resale minus and ensure accurate accounting.
• Month/Quarter End ClosingParticipate in month-end and quarter-end closing activities, ensuring timely and accurate financial reporting.
• Reporting to Global CFOProvide regular updates on KPIs, reserves, forecasts, automation initiatives, and other key metrics.
• Process ImprovementIdentify and implement process improvements to enhance inventory management and accounting efficiency.
• Collaboration
• Work closely with global teams, including logistics, procurement, and finance.

 Qualifications 

 CA or CA Inter or ICWA or MBA Finance with 10+ years of work experience. 

• Working in Oracle ERP is an added advantage.
• Must be comfortable communicating directly with senior Business Partners
• Strong accounting and analytical skills, logical reasoning, and time-management skills
• Strong business acumen and judgment and demonstrated ability to work closely and build sustainable business partnerships
• Well-organized and detail-oriented to handle in-depth, special projects.
• Ability to prioritize multiple tasks ensuring that tasks are completed appropriately, and deadlines are met
• Proficient in Microsoft Office applications, specifically Excel and PowerPoint
• Experience with financial accounting systems (Oracle, Hyperion, Essbase)
• Experience with global financial systems and processes.
• Familiarity with data analytics tools.