Title: SME Inventory accounting Date: 10 Mar 2025 Job Location: Bangalore Year of Experience: Job Description Job Title: SME Inventory Accounting Job Location: Bangalore Reporting Grade: 6-II Job Grade: 7-I About Syngene : Syngene (www.syngeneintl.com) is an innovation-led contract research, development and manufacturing organization offering integrated scientific services from early discovery to commercial supply. At Syngene, safety is at the heart of everything we do personally and professionally. Syngene has placed safety at par with business performance with shared responsibility and accountability, including following safety guidelines, procedures and SOPs, in letter and spirit Mandatory expectation for all roles as per Syngene safety guidelines Overall adherence to safe practices and procedures of oneself and the teams aligned Contributing to development of procedures, practices and systems that ensures safe operations and compliance to companys integrity & quality standards Driving a corporate culture that promotes environment, health, and safety (EHS) mindset and operational discipline at the workplace at all times. Ensuring safety of self, teams and lab/plant by adhering to safety protocols and following environment, health, and safety (EHS) requirements at all times in the workplace. Ensure all assigned mandatory trainings related to data integrity, health, and safety measures are completed on time by all members of the team including self Compliance to Syngene s quality standards at all times Hold self and their teams accountable for the achievement of safety goals Govern and Review safety metrics from time to time Core Purpose Of The Role Inventory controller - Monitors and maintains current inventory levels; processes review, improvements and investigates problems. Role Accountabilities Inventory controller, manage inventory levels for businesses in all Operating units and develop inventory management systems, maintain stock levels, processes review, improvements and investigates problems. Ensures optimization of stocks and Material costs. Leadership Capabilities Should be able to work with the cross functional teams and also with the Senior management of the organization Should have the Good interpersonal skills Should have the excellent Job knowledge and Analytical skills Should be pro-active in nature Syngene Values All employees will consistently demonstrate alignment with our core values Excellence Integrity Professionalism Specific requirements for this role Experience: 7 to 10 Years of experience in the relevant area Demonstrated Capability Should be able to work with the Senior people of the organization Should have the Good interpersonal skills Should have the excellent Job knowledge and Analytical skills Should be pro-active in nature Education CA or ICWA (CMA) or MBA Finance from a premier Institute with 7 to 10 of years of experience in core area. Experience in Controlling module (CO module) is mandatory. Skills And Capabilities Educational Qualification: CA/ICWA/MBA with 7+ years of experience in the relevant area. Strong working Knowledge in SAP CO module is mandatory Coordinate physical inventory counts and cycle counts Investigate cycle counting variances and resolve issues Update standard costs in the bill of materials Review standard and actual costs for inaccuracies Validate the cost of goods sold as part of the month-end close Calculate month Inventory provisioning as per the policy Accumulate and apply overhead costs as required by generally accepted accounting principles Work with the materials review board to locate and dispose of obsolete inventory Compliance and Audits (Statutory Audit / Internal Audit / IFC / Cost Audit) Conduct ongoing process constraint analyses Report on periodic variances and their causes, focusing in particular on spending variances Analyze Inventory pattern and suggest for corrective action Analyze Project wise Material cost Construct data accumulation systems for various modules in SAP with relate to Inventory valuation Create and review the controls and reporting system Follow 100% compliance in Data security and Safety Material Costing process: Guide and build end to end costing process for in partnership with stakeholders. Develop and execute material cost reduction strategies aligned to broader company objectives, including identifying process improvement programs for increased efficiencies and effectiveness. Ensure the organization has a robust material cost estimating process; hold responsibility for updating material cost. Productivity / efficiency improvement: Facilitate material productivity improvement / level-loading programs with Supply partners and ensure resultant savings are fully realized. Sourcing Strategy: Influence sourcing strategy through modelling impacts of potential decisions and shifts on overall material cost base and profitability. Connectivity: Liaise with Supply, technical team, warehouse team and Finance Leadership; review material cost benefits realized in company P&L and balance sheet. Report out on progress, risk, and opportunities. Team: Build, motivate and develop the material cost optimization across organization. Equal Opportunity Employer ,
Employement Category:
Employement Type: Full timeIndustry: ManufacturingRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: SME Inventory accounting Job in Syngene
Contact Details:
Company: Syngene InternationalLocation(s): Other Karnataka