Chartered Accountant – Inventory Controls

Kapiva; Bengaluru; On-site; INR 900,000 - 1,100,000; Full time

Job summary

Kapiva, a fast-growing D2C Ayurveda and wellness brand, seeks a Chartered Accountant to implement tight inventory controls across multi-channel operations. You will reconcile stock across Zoho Books, Unicommerce, and 3PL warehouses, and collaborate with Operations, Supply Chain and Procurement.

The role covers costing, ageing analytics, and year-end close support. 2–3 years post-qualification experience in inventory accounting in FMCG or e-commerce is preferred.

Qualifications

• Own monthly inventory reconciliation across books, WMS/OMS, and 3PL stock.
• Reconcile purchases, sales, returns, and transfers; investigate variances.
• Validate purchase prices, landed cost, and product costing with Operations.
• Handle packing material consumption and variance tracking.
• Plan physical verifications; book adjustments with approvals.
• Assist month-end close including inventory valuation and COGS.
• Support auditors with inventory counts and cut-off.

Responsibilities

• Reconcile stock accuracy across systems and warehouses; flag variances.
• Collaborate with Ops, Supply Chain, and Procurement on cost controls.
• Ensure compliance with Ind AS 2 and GST implications for stock movements.
• Prepare MIS on ageing, shrinkage, and gross margin drivers with commentary.

Skills

Inventory accounting

Chartered Accountant

Advanced Excel

Data analysis

Zoho Books

3PL experience

Costing & COGS

Cross-functional collaboration

Education

Chartered Accountant (CA)

Tools

Zoho Books

Unicommerce

MS Excel / Power Query

Job description

Kapiva is one of India's fastest-growing D2C Ayurveda and wellness brands. We sell through our own website, marketplaces, quick commerce, modern trade and offline retail. As we scale, getting inventory controls right is central to how we report and how we make decisions. We're looking for a CA who enjoys working out the story behind the numbers and can bring tight control to a complex, multi-channel inventory setup.

What you'll do

• Own monthly inventory reconciliation: books (Zoho Books) vs WMS/OMS (Unicommerce) vs 3PL warehouse stock, at SKU, batch and location level
• Reconcile purchases, sales, returns and stock transfers, and investigate and resolve variances quickly
• Work with Operations team, Supply Chain and Procurement to validate purchase prices, landed cost and product costing
• Account for packing material consumption, set consumption norms, and track variances against actual usage
• Plan and run physical verifications: periodic counts by management, 3PL and third-party agencies. Reconcile the results and book adjustments with appropriate approvals
• Set up and monitor inventory controls covering GRN-to-bill matching, inter-warehouse transfers, damages/expiry/write-offs, and returns (RTO/customer returns)
• Support month-end close with inventory valuation, COGS computation, provisions for slow-moving/near-expiry/obsolete stock, and related schedules
• Support statutory and internal auditors on inventory, including count observations, valuation and cut-off
• Prepare analytical MIS on inventory ageing, shrinkage, consumption trends and gross margin drivers, with clear commentary

What we're looking for

• Qualified Chartered Accountant with 2-3 years of post-qualification experience
• Hands-on experience in inventory accounting, reconciliations and controls, ideally in a D2C, FMCG, e-commerce or consumer brand
• Working knowledge of Zoho Books (or a similar ERP)
• Experience working with 3rd-party warehouses (3PL) and multi-location inventory
• Advanced Excel skills (Power Query is a plus) and comfort handling large data sets
• Strong analytical and interpretation skills: you can explain why a variance happened, not just that it did
• Good understanding of Ind AS 2 (Inventories), cost flow and COGS accounting
• Clear communication and the ability to work closely with non-finance teams (Ops, Warehouse, Supply Chain)

Good to have

• Hands-on experience with Unicommerce or another OMS/WMS (not mandatory)
• Exposure to inventory audits, physical verification processes and their documentation
• Familiarity with GST implications of stock transfers, write-offs and returns