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12/11 Sadhna Jha
HR at Herbalife International

Views:2150 Applications:72 Rec. Actions:Recruiter Actions:9

Herbalife International - Manager - Inventory Finance - ICWA (7-10 yrs)

Bangalore Job Code: 763574

Manager Inventory - ICWA

About Herbalife:

We are a global nutrition company that has helped people pursue a healthy, active life since 1980. Our nutrition, weight-management products are available exclusively through our more than 2.3 million independent Associates in more than 94 countries.

Role- Manager Inventory

Reporting to- Director of Finance

Mandatory- 7-8 Yrs Manufacturing experience

Responsible for:

- Accurate and timely Month-end or Year-end Inventory reporting

- 100% Sox compliance for Inventory function

- Ensure Inventory Process Memo's are understood and reviewed on a regular basis

- Ensure Inventory Controls are inline with the control descriptions

- Understand and Review of all inventory variances (Material Usage Variances, Purchase Price Variances, Yield, etc.,)

- Ensure inventory accounting is in line with the accounting policies

- Ensure standard costing is set properly in the system with a review of all supporting documents

Responsible for Inventory count for all locations:

- Ensure proper checklist to be followed for all locations

- Ensure standardization of inventory processes at all locations

- Ensure Inventory count variances are resolved immediately and followed up on a regular basis for resolution

- Dashboard to be published on inventory counts and rating for all locations on a quarterly basis

- Ensure inventory provisioning is accurate for all departments (Mfg, SCM, Warehouse, Marketing, etc.,)

- The supervising team member who is responsible for inventory reporting

- Coordinator and responsible for Audit relating to Inventory Requirements

- Should identify areas for improvement of productivity and efficiency and implement changes

- Interacting with internal and external customers relating to the inventory area

- Groom team member to handle the operations by training and guiding

- Interacts with all levels throughout the organization.

MINIMUM QUALIFICATIONS: The following are the minimum qualifications that an individual needs in order to successfully perform the duties and responsibilities of this position.


- ICWA with a minimum of 7-10 years of experience (Post qualification)

- CA Degree is added advantage

- Good knowledge of Inventory/ Costing

- Should have handled the inventory function of a medium scale Multinational company.

- Indian GAAP knowledge and experience

- US GAAP knowledge and experience is added advantage.

- Must have worked in an ERP environment. Oracle exposure is preferred.

- Proficient in Microsoft Office.

- Good command of both spoken and written English.

- The energetic, initiative, and hard working.

- A good team player and has good communication skills.

- Ability to solve practical problems and carry out responsibilities under general supervision

- Ability to organize workload for effective implementation

- Responsibility and ownership attitude is a must.

Women-friendly workplace:

Maternity and Paternity Benefits

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