Inventory Specialist
PANASONIC AVIONICS CORPORATION
Total years of experience :13 years, 7 Months
Inspection of incoming shipments, \[Physical material, documents etc.\]
•Taking material into inventory \[system transaction\] & quarantining the materials that do not comply with aviation standards.
•Maintaining quarantine log book & follow up with procurement to close the same.
•Labelling of material for ensuring traceability.
•Co-coordinating with the Customs for any clearance delays.
•Co-coordinating with procurement for on time material arrival.
•Actively contributing to company’s growth by providing suggestions to the management for process improvement\[ Cost & time savings\]
•Releasing material to the production lines.
• Periodic cycle count of material, sorting the variances & reporting the data to the management.
•Managing shelf life materials data & pulling out expired materials from inventory.
•Participation in the KAIZEN training for LEAN manufacturing.
•Strict compliance of audits:
1) Regulatory audits \[EASA, FAA\]
2) OEM audits \[Boeing, Airbus\]
3) Customer audit \[Emirates, Etihad, Turkish Airlines\]
4) Internal audits \[by QA & QC team of PAC
To ensure safe keeping both as to quality and quantity of materials.
•To initiate purchase requisitions for the replacement of stock of all regular stores items whenever the stock level of any item of store approaches the minimum limit fixed.
•To initiate action for stoppage of further purchasing when the stock level approaches the maximum limit.
•To check and receive purchased materials forwarded by the receiving department and to arrange for the storage in appropriate places.
•To reserve a particular material for a specific job when so required.(Job based purchases)
•To issue materials only in required quantities against authorized requisition notes/material lists.
•To check the book balances, with the actual physical stock (Internal Audit
Ensuring proper recording of transactions into the computerized accounting system.
•Calculation of service tax, TDS and VAT.
•Creating of financial reports & presenting them to the management
•Guiding in decision making with results shown in the report.
•Periodically maintaining fund flow of the company.
•Making systematic payment to creditors.
•Preparation of delivery notes, raising invoices & timely follow up of receivables.
•Liaising with banks.
•Liaising with the government departments for filling of Service Tax, TDS and VAT returns & insurance companies.
•Maintaining inventory control.
•Preparation of final statement of account up to finalization.
•Guiding & assisting auditors for the final audit of the company.
Entering Payment vouchers, receipt vouchers, sales invoices, hotel bills, excursion supplier bills in Tally.
•Calculation of various types of TDS & Service tax
•Bank Reconciliation.
•Payroll preparation.
•Assist in preparation of financial statements.
•Preparing financial reports.
•Assist in decision making.