Genpact | Specialist - F&A - R2R 4A

Responsibilities

• The Specialist for Record to Report (Product Costing & Inventory Valuation) is responsible for executing inventory accounting and product costing activities, ensuring accurate valuation of inventory and proper cost allocation in line with accounting standards and control frameworks.
• This role supports financial close, reporting accuracy, and cost analysis while handling large volumes of production and inventory data within a manufacturing or production environment.
• Perform day-to-day inventory accounting and product costing activities, including journal entries, reconciliations, and reporting support.
• Support product costing processes, including standard costing, cost roll-ups, and variance analysis.
• Assist in inventory valuation activities, including FIFO-based valuation and adjustments.
• Support preparation and analysis of cost variances (PPV, usage variance, production variance).
• Perform inventory reconciliations, ensuring alignment between physical stock and system balances.
• Support tracking of inventory movements, including consumption, transfers, and adjustments.
• Assist in month-end close activities, including inventory valuation, costing runs, and reporting.
• Handle large volumes of production and inventory data, ensuring accuracy and completeness.
• Support audit requirements, including inventory schedules, cost validation, and documentation.
• Identify and escalate inventory discrepancies, costing errors, and process gaps.
• Ensure all deliverables meet SLA timelines and quality standards.
• Participate in knowledge transfer, training, and transition activities.
• Ensure adherence to SOX controls, inventory accounting standards, and internal policies.
• Maintain audit-ready documentation for inventory valuation and costing activities.
• Support control frameworks related to inventory management and cost validation.
• Coordinate with plant teams, supply chain, procurement, and finance stakeholders for inventory and costing queries.
• Collaborate with cross-functional teams to resolve inventory discrepancies and costing issues.
• Provide accurate data and timely updates to senior team members.
• Respond to stakeholder queries related to inventory balances, variances, and costing outputs.
• Identify inefficiencies in inventory valuation and costing processes.
• Support initiatives related to automation, standardization, and process optimization.
• Contribute to improving data accuracy, costing models, and reporting quality.
• Support implementation of best practices in inventory accounting and product costing.

Requirements

• Strong understanding of product costing and inventory valuation principles.
• Knowledge of standard costing, FIFO, and cost variance analysis.
• Ability to handle large-scale inventory and production datasets.
• Strong analytical and reconciliation skills.
• Attention to detail and control mindset.
• Certified Anti-Money Laundering Specialist (CAMS).

Genpact

Genpact is a global professional services and technology firm known for running and transforming business processes for large companies. It began in 1997 in Gurugram as a business unit of General Electric and became an independent company in 2005.

Finance and accounting is one of Genpact's core practices. The firm regularly hires CAs, CMAs and commerce graduates for record-to-report, order-to-cash, procure-to-pay, FP&A, and risk and controls roles.

• Industry: Professional services and business process management
• Headquarters: New York, USA
• In India: Major centres in Gurugram, Hyderabad, Bengaluru, Kolkata, Noida and other cities