Finance Executive – Inventory & Costing

About the role

A leading FMCG company is hiring a Finance Executive in Colombo to handle inventory accounting, production costing, stock reconciliation and financial reporting. The role monitors stock movements, analyses production costs and wastage, maintains accurate accounting records and supports audit requirements, working closely with Production, Stores, Procurement and Finance.

Key responsibilities

• Monitor inventory movements, maintain stock records and conduct monthly stock reconciliations
• Prepare monthly inventory reports covering stock balances, wastage analysis and reconciliation statements
• Handle production cost accounting, including material consumption, production expenses and cost variance analysis
• Analyse stock discrepancies, wastage and costing variances and recommend corrective actions
• Keep inventory and financial transactions recorded accurately and up to date in the accounting or ERP system
• Submit monthly costing, inventory and financial reports on time
• Support internal and external audits with reconciliations, schedules and documentation
• Coordinate with Production, Stores, Procurement and Finance for timely information sharing

Required profile

• Bachelor's degree in Accounting, Finance, Business Finance, Management Accounting or a related field
• Minimum 2-3 years of experience in accounting, inventory accounting, costing or financial reporting, preferably in a manufacturing environment
• Good understanding of inventory accounting, stock reconciliation, production costing and variance analysis
• Experience preparing monthly financial reports and inventory reconciliations
• Strong analytical, numerical and problem-solving abilities, with attention to detail and accuracy
• Part qualification in CA Sri Lanka, ACCA or CIMA is an added advantage

Required skills

• Proficiency in Microsoft Office, especially Excel
• Experience with ERP or accounting systems is an advantage