Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.
VACANCY DETAILS :-
POST NAME - Inventory Accountant
QUALIFICATION - CMA Inter/CMA
EXPERIENCE - 6 Years
LOCATION - Bangalore
JOB DESCRIPTION :-
Responsible for regularly generate and analyse Inventory reports for the assigned site location, Support site Finance team on analysis of Cost of Raw Materials and Production, Inventory Variance analysis, updation of valuation class, Create and Archive Monthly Journal Entries. Analysis of inventory transactions to ensure integrity of inventory value, COGS, and inventory adjustments & provisioning, purchase price variance, to ensure accurate financial reporting of inventory.Communication and (internal) stakeholder management with higher management levels within the Global Teva organization is required in this process.
How you’ll spend your day
- Technical/functional knowledge in Inventory Accounting, Closing and inventory reporting
- Preparation of Journal Entries & Supporting schedule
- Perform Monthly and quarterly inventory close activities of multiple entities
- Analysis of the inventory and variances per legal entities, obtain explanation on deviations and prepare a summarized reporting on a monthly basis within scheduled time
- Preparation & clearance of reconciling items of account reconciliations
- Hands on experience in submission of trial balance in HFM
- Hands on experience in Inventory analysis support site Finance leaders
- Identify & drive standardization opportunities in processes and tasks across the team
- Support of external and internal audit requests by providing inventory analyses
- Management of day-to-day operations relating to inventory accounting & analysis
- Ensuring that accounting books and records comply with accounting policies and regulations
- Provide supporting documents and explanations for all internal and external audit as and when required
- Participate in ad-hoc activities and projects
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