Inventory Accounting & Costing - Finance

Job Title: Inventory Accounting & Costing - Finance Company: Exide Energy Solutions Ltd SAP Module: SAP FICO Roles & Responsibilities: Exide Energy Solutions Ltd is leading the way in advanced energy storage by establishing India’s first Giga plant to manufacture Lithium-Ion Cells in Bengaluru. The company specializes in designing, developing, and manufacturing high-performance Lithium-Ion Cells and Battery Pack solutions. These solutions cater to a range of energy storage needs across Automotive and Industrial sectors, driving innovation and sustainability. Exide Energy is committed to powering the future with cutting-edge technology and global industry standards. This role is responsible for end-to-end inventory accounting, valuation, and cost management , including maintenance of statutory cost records and coordination of cost audit . The position ensures accurate cost capture across raw materials, WIP, and finished goods, leveraging SAP S/4HANA (MM, FI, CO modules) , while maintaining compliance with regulatory requirements and strong internal financial controls. Key Responsibilities * Account for all inventory transactions: RM, WIP, FG, consumables, stores & spares, scrap * Monitor material movements: GRN, issues, transfers, subcontracting * Perform periodic physical stock verification and reconcile with SAP stock * Investigate and report stock variances, shrinkage, and process losses * Ensure proper cut-off procedures during month-end and year-end * Manage inventory accounting for Raw Materials, WIP, Finished Goods, Consumables, Stores & Spares, and Scrap. * Perform inventory valuation, standard costing, product costing, and variance analysis. * Execute inventory reconciliations, stock verification, and month-end/year-end closing activities. * Maintain statutory cost records and support cost audits as per Companies Act and Cost Accounting Standards (CAS). * Ensure SAP S/4HANA MM, FI, and CO integration for inventory accounting, Material Ledger, and costing processes. * Monitor inventory aging, obsolete stock, cost reduction opportunities, and profitability analysis. * Strengthen internal controls, audit compliance, and governance over inventory and costing processes. Key Performance Indicators (KPIs) Work Location: Devanahalli, Karnataka, India Availability: Full time

💼 Experience: 0-2 years Key Skills & Competencies * Strong expertise in inventory accounting and cost accounting * Hands-on experience in SAP S/4HANA (MM + FI + CO integration) * Knowledge of Cost Accounting Standards (CAS) and cost audit * Strong analytical and problem-solving skills * High attention to detail and data accuracy * Ability to work in plant and cross-functional environment Qualifications & Experience * Education: B.Com / M.Com / CMA (Inter / Final preferred)/CA (Inter / Final preferred) * Experience: 0-2 years in manufacturing (plant costing / inventory role) * Experience in SAP S/4HANA environment is mandatory Key Skills: Product Costing, Profitability Analysis Salary: Not disclosed