Inventory Accountant
KANUNGA KOURI PRIVATE LIMITED
Job Description
Weβre Hiring | Inventory Accountant
Company: Kanunga Kouri Pvt. Ltd.
Location: Bengaluru
Employment Type: Full-Time | Permanent
Experience Required: 2-5 Years
Kanunga Kouri Private Limited is a Bengaluru-based e-commerce company engaged in online sales through marketplaces and digital channels, operating in a high-volume environment requiring expertise in marketplace accounting, TCS, GST, and return accounting.
Key Responsibilities:
- Manage monthly inventory valuation using FIFO/Weighted Average Cost, maintain product cost records, and post inventory valuation and COGS entries in the General Ledger.
- Prepare stock valuation and closing schedules, analyze cost variances, and compute provisions for slow-moving, non-moving, and obsolete inventory.
- Manage inventory accounting by recording inward/outward stock movements, returns, and inventory write-offs, ensuring accurate GL postings.
- Perform monthly inventory reconciliations and prepare stock movement MIS to ensure accurate reporting and audit compliance.
- Managed GST compliance for inventory transactions, including ITC verification, GSTR-2B reconciliation, ITC reversals, and GST treatment for stock transfers and job work.
- Ensured compliance with e-way bill regulations and monitored marketplace TCS reconciliation for accurate GST reporting.
- Prepare inventory valuation, closing stock workings, and trading account/GP statements in compliance with the Income Tax Act and tax audit requirements.
- Maintain documentation for inventory provisions/write-offs and support tax audits, assessments, and inventory-related tax queries.
Required Skills:
β’ Inventory valuation β FIFO / WAC methods
β’ COGS and GL posting for stock movements
β’ GST β ITC, GSTR-2B, e-way bill, ITC reversal
β’ TCS (Sec. 52 CGST) reconciliation
β’ Sec. 145A IT Act β inventory for tax audit
β’ Understanding of FIFO vs. NRV provisioning
β’ Reconciliation mindset β GL vs. physical data
β’ Proactive identification of ITC mismatches
β Eligibility:
- CA Inter / CMA Semi-Qualified
- B.Com / M.Com / MBA (Finance) with 2-5 years of relevant experience
- 2 β 5 Years in Inventory Accounting / Finance
Work closely with founders, manage multiple clients, and gain real consulting exposure in a structured, growth-focused environment.
Compensation: As per industry standards
Send your resume to [email protected]
Contact: 9019417059
You may also share your details by filling out this Google Form: https://forms.gle/VRVryB4hThHrVzRH7
π Letβs grow together at Kanunga Kouri Pvt. Ltd.