Record to Report( Product Costing)-Management Trainee/Assistant Manager/ Manager

Beschreibung:

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If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that's shaping the future, this is your moment.
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Inviting applications for the role of Product Costing-Management Trainee/Assistant Manager/Manager

The Front Line Manager for Record to Report (Product Costing & Inventory Valuation) is responsible for leading end-to-end product costing and inventory accounting processes across multiple entities, ensuring accurate valuation of inventory, cost allocation, and financial reporting in line with accounting standards, SLAs, and control frameworks. This role drives governance, operational excellence, and stakeholder engagement while managing complex costing structures and large volumes of production and inventory data within a manufacturing environment.

Key Responsibilities
* Own and lead end-to-end product costing and inventory valuation processes across multiple entities/regions, including costing runs, reconciliations, and reporting.
* Ensure timely and accurate execution of month-end close activities related to inventory valuation and costing.
* Review and approve journal entries related to inventory adjustments, cost allocations, and variance postings in ERP systems.
* Drive and monitor inventory valuation accuracy, including FIFO-based valuation, NRV adjustments, and provisioning.
* Own and drive standard costing processes, including cost roll-ups, cost updates, and validation of costing structures.
* Analyze and manage cost variances (PPV, usage variance, production variance) and provide insights into cost drivers.
* Oversee inventory reconciliations, ensuring alignment between physical inventory, sub-ledger, and GL balances.
* Manage large-scale production and inventory datasets (SKU, plant, and warehouse level), ensuring accuracy and integrity.
* Establish and enforce adherence to costing policies, inventory valuation frameworks, and SOPs.
* Ensure overall integrity, accuracy, and completeness of inventory balances and cost reporting outputs.
* Drive SLA and KPI governance, ensuring delivery excellence and timely financial close.
* Drive governance and take decisions on complex costing issues, valuation methods, and financial adjustments.
* Collaborate with plant finance, operations, supply chain, and FP&A teams to resolve costing and inventory issues.
* Lead and develop teams, ensuring performance management, coaching, and capability building.
* Manage escalations related to inventory discrepancies, costing issues, and financial risks, ensuring timely resolution.

Governance, Controls & Compliance
* Ensure strong compliance with SOX controls, accounting standards (IFRS / US GAAP), and inventory control frameworks.
* Establish and monitor inventory valuation and costing governance frameworks and control mechanisms.
* Review and approve key inventory balances, cost calculations, and reconciliation outputs for compliance and accuracy.
* Ensure audit readiness, including documentation for costing assumptions, inventory valuation, and reconciliations.

Stakeholder Management
* Build and manage strong relationships with plant controllers, manufacturing finance teams, supply chain, and FP&A stakeholders.
* Act as a primary contact for costing, inventory valuation queries, and escalation handling.
* Drive governance calls, performance reviews, and stakeholder discussions.
* Provide insights on cost drivers, margin impacts, inventory valuation risks, and financial performance.

Continuous Improvement
* Drive process transformation, standardization, and automation initiatives across product costing and inventory processes.
* Identify root causes of inventory discrepancies, costing inefficiencies, and reconciliation breaks, and implement corrective actions.
* Lead initiatives to improve costing accuracy, reporting efficiency, and inventory valuation processes.
* Support implementation of advanced costing models, automation tools, and reporting enhancements.

Responsibilities:
In this role, you will be responsible for all the activities related to month end closing & reporting.
* Perform day-to-day operational oversight including inventory accounting, product costing, reconciliations, journal entries, reporting, audit requests, and ad hoc analyses.
* Review and approve journal entries related to inventory valuation, cost adjustments, and variance allocations with accuracy and adherence to timelines.
* Preparation and review of inventory and balance sheet reconciliations, ensuring timely clearance of reconciling items.
* Ensure execution of standard costing and inventory valuation processes (FIFO, NRV).
* Manage and resolve inventory discrepancies, open items, and costing issues through cross-functional coordination.
* Ensure compliance with SOX controls and contribute to process improvements in costing and inventory valuation.

Minimum qualifications
* Relevant years of experience in accounting or related financial processes, with mandatory expertise in product costing and inventory valuation.
* ICWA / CMA with strong exposure to manufacturing or production accounting.
* Bachelor's / Master's degree in Commerce or Finance.
* Strong and proven experience in standard costing, cost roll-ups, and variance analysis.
* Strong knowledge of inventory valuation methods (FIFO, NRV, provisions).
* Experience in manufacturing / plant accounting environments.
* Strong proficiency in MS Office applications, especially Excel (handling large datasets and analysis).
* Experience in ERP systems such as SAP (CO/MM preferred).

Preferred additional Skills
* Strong expertise in inventory accounting, product costing models, and financial analysis.
* Experience in managing high-volume production and inventory environments.
* Strong understanding of internal controls, audit frameworks, and compliance requirements.
* Exposure to automation, process transformation, and advanced reporting tools (Power BI).
* Strong analytical and problem-solving capabilities.
* Excellent stakeholder management and communication skills.

Key Competencies
* Strong expertise in product costing and inventory valuation methodologies
* Deep understanding of standard costing, FIFO, and cost variance analysis
* Ability to manage large-scale inventory and production datasets
* Strong analytical, problem-solving, and decision-making capability
* Cross-functional collaboration with manufacturing, supply chain, and finance teams
* Strong control mindset and compliance orientation
* Team leadership and performance management
* Stakeholder management and communication

Why join Genpact?
* Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation
* Make an impact - Drive change for global enterprises and solve business challenges that matter
* Accelerate your career - Get hands-on experience, mentorship, and continuous learning opportunities
* 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 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