Stock Auditor

Nextgen Business Support Services; Kolkata District; On-site; INR 420,000 - 660,000; Full time

Job summary

NextGen Business Support Services Pvt. Ltd. in Kolkata is seeking a Senior Stock Auditor to independently handle and supervise stock audit assignments across client locations.

The role involves physical stock verification, reconciliation of inventory records, identification of discrepancies, investigation of variances, and preparing audit reports. The ideal candidate has 2-3 years of relevant experience in stock audit, inventory control or internal audit, with strong MS Excel skills and exposure

Qualifications

• Bachelor’s degree in Commerce, Accounting, Finance, or related field.
• M.Com / MBA Finance / CA Inter / CMA Inter or equivalent is a plus.

Responsibilities

• Conduct physical stock audits at client locations and warehouses.
• Plan and execute stock audit assignments within defined timelines.
• Lead and supervise junior auditors during audits.
• Verify stock against books and ERP/system records.
• Identify discrepancies and investigate variances, preparing audit reports.

Skills

Leadership & Team Management

Analytical Thinking

Attention to Detail

Client Management

Time Management

Decision Making

Problem Solving

Communication

Integrity & Ethics

Education

Bachelor's degree in Commerce, Accounting, Finance, Business Administration

M.Com, MBA Finance, CA Inter, CMA Inter or equivalent

Tools

MS Excel

Tally

SAP

Zoho

Job description

Senior Stock Auditor

Company: NextGen Business Support Services Pvt. Ltd.
Department: Audit
Job Type: Full-Time
Location: Kolkata / Client Locations
Experience: 2-3 Years
Travel: Willingness to travel to client locations as required

Job Summary

We are looking for an experienced and detail-oriented Senior Stock Auditor to independently handle and supervise stock audit assignments across client locations. The role involves physical stock verification, reconciliation of inventory records, identification of discrepancies, investigation of variances, preparation of audit reports, and ensuring adherence to internal controls and client requirements.

Key Responsibilities

• Conduct physical stock audits at client locations, warehouses, stores, and other assigned premises.
• Plan and execute stock audit assignments within defined timelines.
• Lead and supervise junior auditors during audit assignments.
• Verify physical stock against books, ERP/system records, and supporting documents.
• Identify shortages, excess stock, damaged/obsolete/non-moving inventory, and other discrepancies.
• Verify inward, outward, transfer, return, and adjustment transactions.
• Reconcile inventory quantities, rates, and values with accounting and system records.
• Investigate the root causes of stock variances and recommend corrective actions.
• Review inventory controls, storage practices, documentation, and operational processes.
• Prepare detailed audit reports highlighting observations, discrepancies, risks, and recommendations.
• Maintain proper audit working papers, supporting documents, and evidence.
• Coordinate professionally with client representatives, warehouse teams, accounts teams, and management.
• Review audit reports prepared by junior team members and ensure accuracy before submission.
• Follow up on unresolved audit observations and corrective actions.
• Identify process gaps, control weaknesses, pilferage risks, and operational leakages.
• Support management in improving inventory control systems and audit procedures.
• Ensure all audit assignments and reports are completed within prescribed TAT.
• Travel to different client locations as per business requirements.

Required Qualifications

• Bachelor's degree in Commerce, Accounting, Finance, Business Administration, or a related field.
• M.Com, MBA Finance, CA Inter, CMA Inter, or equivalent qualification will be an added advantage.

Experience

• 2-3 years of relevant experience in Stock Audit, Inventory Audit, Internal Audit, Inventory Control, or a similar role.
• Experience in supervising audit teams and handling multiple assignments will be preferred.
• Candidates with experience in retail, trading, distribution, manufacturing, logistics, or multi-location businesses will be preferred.

Required Skills

• Strong knowledge of stock audit and inventory control procedures.
• Excellent knowledge of MS Excel, including VLOOKUP/XLOOKUP, Pivot Tables, filters, and reconciliation.
• Working knowledge of ERP/accounting software such as Tally, SAP, Zoho, or similar systems.
• Strong analytical and numerical skills.
• Excellent discrepancy identification and investigation skills.
• Good report writing and documentation skills.
• Strong communication and client-handling skills.
• Leadership and team management abilities.
• High attention to detail and accuracy.
• Strong integrity, confidentiality, and professional ethics.
• Ability to work under pressure and meet strict deadlines.
• Willingness to travel extensively for client assignments.

Key Competencies

• Leadership & Team Management
• Analytical Thinking
• Inventory & Stock Control
• Audit & Risk Assessment
• Problem Solving
• Attention to Detail
• Client Management
• Time Management
• Decision Making
• Integrity & Ownership

Key Performance Indicators (KPIs)

• Timely completion of stock audits.
• Accuracy of physical stock verification and reconciliation.
• Identification and resolution of stock discrepancies.
• Quality and accuracy of audit reports.
• Timely follow-up on audit observations.
• Compliance with audit procedures and client requirements.
• Effective supervision and productivity of the audit team.

Salary: As per company standards and candidate's experience.

Note: The position requires regular travel to client locations as per business requirements.