Specialist - F&A - R2R 4A

Specialist - F&A - R2R Ready to turn bold ideas into real-world impact? At Genpact, we don’t just adapt to change, we lead it. AI and digital innovation are transforming the way businesses work, and we’re at the forefront of it. Genpact’s AI Gigafactory , our industry-first accelerator, exemplifies how we scale advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. Whether tackling complex challenges through large-scale models or agentic AI , our breakthrough solutions tackle companies’ most complex challenges. If you thrive in a fast-moving, innovation-driven environment, love building and deploying cutting-edge AI solutions, and want to push the boundaries of what’s possible, this is your moment. Genpact (NYSE: G) is an agentic and advanced technology solutions company. We leverage process intelligence and artificial intelligence to deliver measurable outcomes. With a strong partner ecosystem and decades of client trust, we provide innovative solutions that transform how businesses run. Powered by a team with an active learning mindset and client centricity at its core, we deliver lasting value for the world’s leading enterprises. Get to know us at genpact.com and on LinkedIn , YouTube , X , and Facebook . Job Description Role Purpose 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. Key Responsibilities 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. Follow standard operating procedures (SOPs) and accounting policies for costing and inventory processes. 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 . Governance, Controls & Compliance Ensure adherence to SOX controls, inventory accounting standards, and internal policies . Maintain audit-ready documentation for inventory valuation and costing activities. Follow compliance guidelines for inventory valuation (FIFO / NRV) and cost accounting processes . Support control frameworks related to inventory management and cost validation . Stakeholder Management 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 . Continuous Improvement 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 . Responsibilities: In this role, you will be responsible for all the activities related to month end closing & reporting. Perform day-to-day operational activities including inventory accounting, product costing, reconciliations, journal entries, reporting, audit requests, and ad hoc analyses . Posting of journal entries related to inventory valuation, cost adjustments, and variances with accuracy and adherence to timelines. Preparation of inventory and balance sheet reconciliations in line with accounting policies and defined criteria. Support inventory valuation processes (FIFO, NRV) and cost analysis activities . Identification and timely resolution of inventory and costing-related reconciling items through stakeholder coordination. Ensure compliance with SOX controls and contribute to process improvements in costing and inventory valuation . Key Competencies 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 Process adherence and compliance focus Effective communication and teamwork Ownership and accountability for assigned tasks Qualifications Bachelors - Accounting, Bachelors - Commerce, Bachelors - Economics, Bachelors - Finance, Masters - Finance Certifications Certified Anti-Money Laundering Specialist (CAMS) - Professional School of Indian Banking (PSIB)Professional School of Indian Banking (PSIB), Certified Compliance Officer (CCO) - VskillsVskills, Certified Financial Analyst (CFA) - SkillabSkillab, Certified Public Accountant (CPA) - Perfekt SzolnokPerfekt Szolnok, Certified Regulatory Compliance Manager (CRCM) - The International Association of Risk and Compliance Professionals (IARCP)The International Association of Risk and Compliance Professionals (IARCP) Required Skills Banking Capital Markets, Client Relations, Collaboration Tools, Oracle Enterprise Resource Planning (ERP) Systems, Reconciliations, Record To Report (R2R), Regulatory Compliance Management, Risk Management, SAP Enterprise Resource Planning (ERP) Language English Language Proficiency - Elementary - A2 Additional Job Location - Job Type Regular Master Skill List - F&A - R2R Remote Type - Office Work Shift - Flex Time (India) Why join Genpact? • Lead AI-powered transformation – Drive innovation and solve real-world business challenges that matter • Make an impact – Help global enterprises solve business challenges that matter • Accelerate your career – Gain hands-on experience, mentorship, and world-class learning opportunities to stay ahead • Work with the best – Join 140,000+ bold thinkers and problem-solvers who push boundaries every day • Thrive in a values-driven culture – Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the 140,000+ coders, tech shapers, and growth makers at Genpact and take your career in the only direction that matters: Up. Let’s build tomorrow together. Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.