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Urgent: Stock Analyst (oil &gas : Downstream) @ Mumbai Jobs

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Job Description
Urgent: Stock Analyst (Oil &Gas : Downstream) @ Mumbai
{Candidates, must be from Oil &Gas : Downstream industry only)

Our client is a leading global commodity trading organization. They access, develop, service & sustain international commodity markets on behalf of producers & end-users. They focus energy & resources on activities that make trade work better. They invest in high-quality infrastructure & build innovative, end-to-end services that bridge the gap between buyers & sellers more effectively. Activities help to create more efficient markets, reducing long-term costs for participants.

Downstream sector is the refining of petroleum crude oil & the processing & purifying of raw natural gas, as well as the marketing & distribution of products derived from crude oil & natural gas

Location: Mumbai (Bandra Kurla Complex)
Function: Operations & Supply Chain
Vacancy: 5 No.
Working Days: 5 Days a Week (11:30 AM to 8:30 PM)
Job Nature: Full Time

Qualification & Experience
€Inter CA / M.Com / CA
€Experience : 1 to 8 Years
Mandatory : Candidate must be from Oil Downstream industry only

Job Description
€Business orientated with experience in the Oil Downstream industry is mandatory
€Stock experience is a plus
€Knowledge of stock accounting method needed ( Average / FIFO / LIFO )
€Good verbal & written communication skills with the ability to articulate complex information
€Microsoft Office proficient

Key Responsibilities

Stock Day to Day Management

€In charge of daily relation with Operations in order to ensure that fuel delivery cycle is done accurately.Work closely with BSM/Accountant/JSU Supply team
€In charge of daily relation with Operations in order to ensure that the fuel purchase process is done accurately .Work closely with BSM/Accountant/JSU Supply team
€Review physical inventory journals & post in NAVISION
€Physical Inventory journals are the last stock adjustments for a site. These include the final declared gains or losses for a site for a particular day. Stock Controller reviews the Physical inventory journal is in line with the sites' Stock Reconciliation.
€Abnormal losses/gains are investigated & necessary corrective action is taken by the site managers. Petroleum taxes are correctly computed & paid on time
€Review inventory valuation in NAVISION & QlikView which involves
€Checking inventory valuation in NAVISION, & comparing versus expected costs cost of product. This is done in NAVISION using Stock Keeping Units & Inventory Valuation Report.
€Work closely with BSM/Accountant/JSU Supply team
€Ensure daily Mass Balance closure by all Puma Sites. This requires;
€Ensuring sites are submitting daily stock reconciliations timeously
€Following up & helping resolve challenges that may result in delays in mass balance closure.
€Circulate daily closure progress for all sites. Using an excel template, Physical Item journal posted per site are updated in the template. The template shows sites that have not yet had physical inventory journals.
€This is circulated to Puma Management & Depot Managers.
€Run Adjust Cost Routine. This is a program in NAVISION that does the Average Based Costing.
€Review product costs & taxes before processing in NAVISION as submitted by Product Accountant & Tax Accountant
€Insure that stock is correctly reported & match with sub ledger in the Flash & Monthly reporting.
€Enforce internal controls in the stocks function. This entails ensuring adherence to Puma Stocks Procedures as advised in the Puma Internal Control Policy

€Daily Stock reconciliation report

Physical Audit

€Ensuring proper management of the stock count by regular visits to depot

You are requested to E Mail updated Resume in DOC/ RTF format ASAP along with the following details
€Current Location
€Pl. Confirm you are ready to work in Bandra Kurla Complex,Mumbai
€Gender : Male / Female
€Total Experience (in years)
€Relevant experience in Oil Downstream industry
€Relevant experience in in Oil Downstream industry
€Relevant experience in stock accounting method needed ( Average / FIFO / LIFO
€Can you Review inventory valuation in NAVISION & QlikView
€Current Salary ( Fixed + Variable )
€Expected Salary
€Notice period
€Contact Details, Residence & Mobile No.
€Age /Birth date
€Skype ID

In case you are not interested, we would appreciate, if you can refer us, suitable matching profiles from your rich contacts.
Warm Regards,
Pradeep Pradhan
Heads2you / Mumbai
(Right Head 2 Right Job)
Cell: 91.9323272361
E Mail:
LinkedIn Profile
Qualities Needed for This Jobs
Oil & Gas, Oil Downstream , Stock Accounting, Fifo , Lifo , Inventory Valuation , Navision , Qlikview
Candidate Profile
Oil & Gas, Oil Downstream , Stock Accounting,fifo , Lifo ,inventory Valuation , Navision , Qlikview
Looking for Ca,ca Inter, graduates profile.
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More Information
Location Mumbai
Education Ca,ca Inter,
Experience 1 (yrs)
Industry Computers / IT
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