Store Executive

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.