Account Executive

UltraTech Cement; Bharuch District, Surat; On-site; INR 600,000 - 900,000; Full time

Job summary

UltraTech Cement in Gujarat seeks an Inventory & Procurement Executive to maintain optimal stock levels for raw materials, consumables, spares, and finished goods to ensure uninterrupted operations.

You will prepare and issue Purchase Orders, record transactions, and reconcile stock variances. The role requires strong analytical skills and GST compliance knowledge within procurement processes.

Qualifications

• Experience in inventory control within manufacturing/production environments.
• Knowledge of GST, TDS, MSME compliance related to procurement.
• Proficiency in MS Excel and data analysis for stock reporting.

Responsibilities

• Maintain optimum inventory levels of raw materials, consumables, spares, and finished goods to support operations.
• Prepare and issue Purchase Orders as per business needs and approved procedures.
• Record inventory transactions accurately: receipts, issues, transfers.
• Conduct periodic physical stock verifications and reconcile variances.
• Monitor aging of inventory and minimize slow/non-moving stock.
• Ensure timely GRN processing and verify quantities and documents.
• Coordinate with vendors for quotations, negotiations, orders, and issue resolutions.
• Track material consumption vs production and investigate variances.
• Implement inventory controls to reduce losses and excess stock.
• Collaborate with procurement, operations, and finance on planning.
• Prepare daily, weekly, and monthly MIS reports on inventory and procurement.
• Ensure accurate accounting of all sales, purchases, and expenses.
• Validate vendor invoices against POs and GRNs; clear discrepancies.
• Reconcile vendor and customer ledgers periodically.
• Ensure GST, TDS, MSME compliance in vendor creation and records.
• Support month-end/year-end closing with provisions and reconciliations.

Skills

Inventory control

Procurement planning

Vendor coordination

Tools

ERP software

Job description

Role & responsibilities

1. Maintain optimum inventory levels of raw materials, consumables, spares, and finished goods to support uninterrupted operations.
2. Prepare and issue Purchase Orders (POs) as per business requirements and approved procurement procedures.
3. Ensure accurate recording of inventory transactions, including receipts, issues, transfers.
4. Conduct periodic physical stock verification and reconcile inventory variances within defined timelines.
5. Monitor inventory ageing and take corrective actions to minimize slow-moving, non-moving, and obsolete stock.
6. Ensure timely GRN processing and verification of quantity, quality, and supporting documents.
7. Coordinate with vendors for quotation collection, negotiations, order follow-up, and issue resolution.
8. Monitor raw material consumption against production/output and investigate abnormal variances.
9. Implement inventory control measures to reduce losses, wastage, pilferage, and excess stock holding.
10. Coordinate with procurement, operations, and finance teams for inventory planning
11. Prepare and submit daily, weekly, and monthly MIS reports on inventory, procurement, and accounting activities.
12. Ensure timely and accurate accounting of all sales, purchase, and expense transactions.
13. Verify and process vendor invoices against POs, GRNs, and approved supporting documents.
14. perform periodic reconciliations of vendor and customer ledger accounts.
15. Maintain compliance with GST, TDS, MSME, and other applicable statutory requirements in vendor Creation.
16. Support month-end and year-end closing activities, including provisions, reconciliations, and audit requirements.