Inventory Executive

Location: Mumbai Suburban (Maharashtra)

Job Overview

Experience: 02 - 05 Years

Salary: 20000-30000 INR CTC Per Month

Gender: Male

Function: Inventory Clerk

Job ID: 81071

Post Live On: Oct 29, 2026

Valid Upto: Nov 28, 2026

Job Type: Full Time

PWD: No

Primary Qualification

Qualification:
Graduate

Course:
Any Graduate

Specialization:
Any Graduate

Additional Info

Open to Hire Local Candidates:
Same District

Working Hours:
Day

Accomodation:
Not Provided

Mandatory Requisite:
None,

Job Description

Job Summary :

We are seeking a meticulous and data-driven Executive Inventory to take complete ownership of our centralized inventory management, stock compliance, and management information systems (MIS). This role is critical in bridging the gap between factory-floor material movements and executive decision-making. The ideal candidate will possess robust core accounting skills, a sharp eye for variance control during physical stock-taking, and advanced Excel capabilities to deliver actionable business intelligence.

Key Responsibilities

1. Inventory Management & Control
       • Maintain the central inventory ledger, tracking raw materials, work-in-progress (WIP), and finished goods across all manufacturing units and warehouses.
       • Monitor and implement controls for material tracking, including variance analysis between system stock and physical stock.
       • Track and reconcile specialized material movements, factory scrap, and industrial waste processing lines.
       • Analyze inventory aging, identify slow-moving or obsolete items, and recommend optimal reorder levels to prevent capital blockages.

2. Physical Stock Taking & Valuation
      • Lead and coordinate periodic (monthly/quarterly) and annual physical stock-taking audits across all operational units.
      • Investigate discrepancies between physical counts and system balances, perform root-cause analysis, and pass necessary adjustment entries.
      • Ensure accurate valuation of inventory in strict accordance with standard cost accounting principles and statutory requirements.

3. MIS & Financial Reporting
      • Design, generate, and present comprehensive daily, weekly, and monthly Inventory MIS reports for senior leadership.
      • Develop tracking dashboards to highlight material yield, consumption patterns, production variances, and cost trends.
      • Provide data-driven insights to support budget formulation, cost optimization, and operational planning.

4. Audit & Compliance
       • Facilitate smoother execution of internal stock audits by keeping comprehensive back-up documentation ready.
       • Collaborate closely with unit-level plant managers, logistics teams, and procurement departments to align documentation.

5. Purchase
       Short inventory or any other materials procurement needs to be coordinated as per process.


Qualifications & Experience

• Software Skills:
    * Proficiency in enterprise ERP software
    * Advanced mastery of MS Excel / Google Sheets (Pivot Tables, VLOOKUP/XLOOKUP, Power Query, and complex formulas for data merging).

Core Competencies
    • Analytical Rigor: Exceptional ability to break down complex production data loops and isolate hidden process variances.
    • Attention to Detail: Zero-compromise attitude toward stock reconciliation and data integrity.
     • Communication Skills: Confident in collaborating across levels—from factory floor personnel to senior corporate management.

Company Info

Company: Rank International

Type: Gem & Jewellery

Contact Person: Amol Nakve

Email: hx@rankinternational.com

Phone: 99xxxxx60

Website: https://www.rankinternational.com/

Address: G-44, Gems and Jewelry Complex I, Seepz, Andheri (E), Mumbai 400096.