Associate Manager Inventory Management

Location:  Gurugram
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Feb 13, 2025

KEY JOB RESPONSIBILITIES

  • To ensure correct monthly accounting of all maintenance, inventory costs and timely closure of monthly accounts after accounting for all such expenses/provisions through AMOS/S4HANA systems
  • Maintain accurate and up-to-date inventory records for all products and materials in the organization, including conducting physical inventory counts and reconciling inventory accounts
  • Develop and implement inventory management policies and procedures for ensuring accurate accounting of inventory
  • Ensure flight hours accounting is accurate and up-to-date
  • Develop and maintain strong relationships with vendors, suppliers, and other stakeholders to ensure reliable and cost-effective inventory supply and maintenance services and their accounting
  • Prepare and analyze reports on inventory and maintenance activities, including inventory levels, inventory turnover, equipment uptime, and maintenance costs
  • Participate in the annual budgeting and forecasting process for inventory and maintenance expenses, and ensure that actual expenses remain within budgeted limits
  • Develop and implement internal controls to safeguard inventory and maintenance assets, and ensure compliance with applicable laws and regulations
  • Develop and maintain standard operating procedures (SOPs) for the inventory and maintenance accounting function, and ensure that they are followed consistently across the organization
  • Keep up-to-date with emerging trends and best practices in inventory and maintenance management, and identify opportunities for continuous improvement
  • Communicate effectively with other departments and stakeholders to ensure that inventory and maintenance issues are resolved quickly and efficiently

Educational and Experience Requirements

Minimum Education requirements

  • Bachelor’s degree in business, logistics, systems engineering, supply chain management, or related field
  • Professional Accountancy Qualification viz CA/CMA

Experience

Minimum

Desired

  • 5+ years of experience out of which major should be in maintenance and repair, inventory management and maintenance
  • Extensive experience working with inventory management software and forecasting strategies

 

  • 5+ years of experience in maintenance and repair, and inventory management with 3+ years of experience in a managerial role
  • Extensive experience working with inventory management software (e.g., SAP S4HANA and AMOS Inventory Program) for an aviation industry