Inventory Control & Cycle Counting Executive - Finance & Accounts

enpro· Finance & Accounts
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📍 Pune, MH, IndiaFULL TIME

About this role

As an Executive, you will build, execute, and continuously improve a perpetual (cycle) inventory counting program based on ABC classification to ensure >99% inventory accuracy, minimal stock variances, and audit-ready controls across plants and storage locations in SAP (S/4HANA/MM/EWM). The role drives risk-based counting frequencies, root-cause analysis of discrepancies, and cross-functional corrective actions with Stores, Production, Procurement, Planning, and Finance.

Key Responsibilities:

A. ABC Analysis & Policy Setup
  • Define and maintain ABC classification rules (consumption value, criticality, lead time, shrinkage risk) and update cycle counting indicators in SAP material masters (e.g., MM02 → Plant data/Stor. 2 → Cycle counting indicator).
  • Determine and publish count frequencies (e.g., A = monthly; B = quarterly; C = semi‑annual/annual) and align with Finance for control requirements.
  • Maintain the perpetual counting calendar per plant/storage location/bin; coordinate with Operations to avoid production disruptions.
B. SAP Process Execution (MM/IM/WM/EWM)
  • Create, schedule, and monitor physical/cycle count documents (e.g., MI01/MI31, MI04, MI07, MI20, MI21; and EWM cycle counting tasks).
  • Ensure count sheet issuance, blind counts, and timely posting of differences with correct reason codes and approvals.
  • Drive bin-level accuracy in WM/EWM (HU/bin corrections, RTS, stock type, quant updates).
  • Manage block/unblock controls during counts to prevent movements and ensure data integrity.
  • Reconcile MB5B/MB52 variances with FI-GL and movement type analysis (e.g., 101/261/309/311 corrections).
C. Controls, Compliance & Audit Readiness
  • Implement SoD-compliant processes: separation between counters, posters, and approvers; maintain count logs and evidence trails.
  • Draft and maintain SOPs, WI, and Control Matrices for internal/external audit; ensure adherence to cycle counting policy.
  • Conduct periodic self-assessments, walkthroughs, and support statutory/internal audits with end‑to‑end documentation.
D. Analytics, Root Cause & Continuous Improvement
  • Analyse variance trends by material/plant/storage type/vendor; perform Pareto and 5-Why / Fishbone analysis.
  • Drive corrective & preventive actions (CAPA): master data fixes (UoM, rounding, BOM accuracy), process changes (backflushing, staging, returns), training.
  • Track supplier and internal quality impacts on inventory accuracy; collaborate with QA for NC/CAPA closures.
  • Publish dashboards and MIS: accuracy %, count completion vs plan, write‑off/write‑back values, and lead time to closure.
E. Cross‑Functional Collaboration
  • Work with Production/Planning on count windows, with Procurement on supplier discrepancies, with Logistics/Stores on bin discipline, and with Finance on valuation impacts.
  • Train storekeepers and shop-floor teams on counting standards (blind count, recounts, tolerances) and SAP transactions.

Required Skills & Competencies:

  • SAP S/4HANA (MM/IM; exposure to WM or EWM preferred): material master, physical inventory, cycle counting, bins/HUs, movement types, document flow.
  • Strong data analysis: Excel/Power Query/Power BI; variance analytics, trend & Pareto, reconciliation.
  • Internal controls mindset: SoD, audit trails, evidence, approvals, and documentation rigour.
  • Manufacturing domain knowledge: BOMs, backflushing, subcontracting, consignment, returns, rework/scrap.
  • Excellent communication, stakeholder management, and training skills.
  • Problem‑solving (5-Why, Ishikawa), lean/continuous improvement orientation.
  • High ownership & integrity, detail orientation, calm under time pressure, bias for data and evidence, collaborative yet assertive.

Qualifications & Experience:

  • Bachelor’s degree in commerce; MBA/PGDM (Ops/Supply Chain) is an advantage.
  • 4–6 years of hands-on experience in inventory control/cycle counting in a manufacturing setup.
  • Demonstrated experience running perpetual inventory and ABC-based cycle counting in SAP.
  • Exposure to using digital tools like mobile-based applications for taking inventory count would be an added advantage.

Frequently Asked Questions

Is the salary disclosed for the Inventory Control & Cycle Counting Executive - Finance & Accounts position at enpro?
The salary for this Inventory Control & Cycle Counting Executive - Finance & Accounts role at enpro is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Inventory Control & Cycle Counting Executive - Finance & Accounts position at enpro located?
This Inventory Control & Cycle Counting Executive - Finance & Accounts role at enpro is based in Pune, MH, India. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Inventory Control & Cycle Counting Executive - Finance & Accounts role at enpro full-time or part-time?
This is listed as a FULL TIME position. It is posted as a Inventory Control & Cycle Counting Executive - Finance & Accounts role in the Finance & Accounts department at enpro.
Which team or department does the Inventory Control & Cycle Counting Executive - Finance & Accounts at enpro belong to?
This Inventory Control & Cycle Counting Executive - Finance & Accounts position is part of the Finance & Accounts department at enpro. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Inventory Control & Cycle Counting Executive - Finance & Accounts position at enpro?
Click the "Apply Now" button on this page. You will be redirected to enpro's official application portal hosted on keka where you can submit your application directly.
When was the Inventory Control & Cycle Counting Executive - Finance & Accounts job at enpro posted?
This Inventory Control & Cycle Counting Executive - Finance & Accounts position at enpro was posted on Sep 23, 2026. Apply as soon as possible — early applications are often reviewed first.
Inventory Control & Cycle Counting Executive - Finance & Accounts
enpro
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