Deputy Manager-Inventory Accounting (Devanahalli)

Company Description Exide Energy Solutions Ltd is leading the way in advanced energy storage by establishing Indias 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. Exide Energy Solutions Ltd is looking for a dynamic and detail-oriented person to join our team Location: Devanahalli, Bangalore Experience: 48 years Employment Type: Full time Job Summary 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 1. Inventory Accounting & Control (Plant + SAP Driven) 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 2. Inventory Valuation & Costing Ensure valuation of inventory as per FIFO / Weighted Average / Standard Costing (as applicable) Perform standard cost roll-up using BOM and routing in SAP Analyse material, labour, and overhead variances (plan vs actual) Monitor slow-moving, non-moving, and obsolete inventory and recommend provisions Work on product costing (CK11N / CK40N) and cost estimates .