Puma India | Senior Associate - Accounts (Third Party)

Responsibilities

• SPEED & SPIRIT is what we look for in our candidates, defined by some simple values that inspire us to BE DRIVEN in our performance, BE VIBRANT in our sporting legacy, BE TOGETHER in our team spirit, and to let our individual talent and experience shine.
• The incumbent will be responsible for end-to-end control and reconciliation of retail sales and inventory transactions across POS and SAP.
• The role will ensure that sales and stock movements are accurately recorded, reconciled and synchronized across systems, with timely resolution of transaction/document-related issues.
• The role will work closely with Store Operations, Warehouse, Finance, Internal Audit and other cross-functional teams to identify gaps, investigate root causes and drive closure of issues related to sales posting, inventory movements and system reconciliation.
• Perform regular reconciliation of sales between POS and SAP.
• Identify and investigate mismatches, unposted sales and stuck/failed documents.
• Ensure timely clearance and posting of all pending/stuck sales documents.
• Ensure complete and accurate sales posting in SAP.
• Ensure all physical stock movements are accurately captured and synchronized between POS and SAP.
• Track pending, failed or unmatched stock movement documents and drive timely closure.
• Prepare and maintain regular reconciliation between SAP stock and system stock.
• Investigate discrepancies arising from system transactions, stock movements, posting gaps, timing differences and operational errors.
• Drive corrective actions and ensure closure of identified gaps.
• Maintain effective tracking of store stock audits.
• Monitor audit observations and ensure timely investigation and closure of inventory-related gaps.
• Coordinate with Internal Audit and provide necessary reconciliations, transaction details and supporting information.
• Act as a key point of contact for sales and inventory-related system/process issues.
• Coordinate with Store, Warehouse, Finance, IT/SAP and Internal Audit teams to resolve issues.
• Timely Closure of Stock Audit Observations.
• Applying for a job at PUMA is easy.
• Reports to: Assistant Manager - Business Finance (Retail)
• Ageing of Open Inventory Movement Documents

Requirements

• Deep dive into inventory differences and identify root causes.
• Relevant experience in retail finance, inventory control, sales postings, retail operations finance or inventory accounting.
• Strong hands-on experience with SAP, particularly sales posting, inventory transactions and stock movement processes.
• Experience working with retail POS systems and inventory management systems.
• Strong Excel and analytical skills.
• Ability to investigate discrepancies and identify root causes rather than only reporting variances.
• Strong communication and stakeholder-management skills.

PUMA SE

Puma was founded in 1948 by Rudolf Dassler in Herzogenaurach, the Bavarian town where he and his younger brother Adolf had run a shoe business, Gebrüder Dassler Schuhfabrik, since 1924. When the brothers split, Adolf went on to found Adidas, while Rudolf first registered his company as Ruda before renaming it Puma Schuhfabrik Rudolf Dassler. Puma has been a public company since 1986 and its shares trade on the Frankfurt Stock Exchange. It designs and sells sports footwear, apparel and accessories, and has owned the golf brand Cobra Golf since 2010. In India the business is run by Puma Sports India Private Limited, incorporated in 2005 and headquartered in Bengaluru, where teams work in marketing, product, finance, HR, wholesale, sourcing, retail and e-commerce.

Finance hiring in Bengaluru covers commercial finance for the wholesale business, accounts receivable and order-to-cash combined with business finance, third-party accounts and indirect tax. Most roles are at senior associate and assistant manager level and are meant for recently qualified Chartered Accountants with up to two years of experience. There are also industrial trainee openings in finance and in taxation (GST) for students pursuing CA with ICAI who are eligible for industrial training under the institute's guidelines.

• Industry: Sportswear: athletic footwear, apparel and accessories, including golf equipment through Cobra Golf
• Headquarters: Herzogenaurach, Germany (PUMA SE, listed on the Frankfurt Stock Exchange)
• In India: Puma Sports India Private Limited, incorporated in 2005 and headquartered in Bengaluru