Product Costing

Ready to shape the future of work?At Genpact, we don't just adapt to change—we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies' most complex challenges.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.Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions – we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation,our teams implementdata, technology, and AI to create tomorrow, today. Get to know us atand onLinkedIn,X,YouTube, andFacebook.Inviting applications for the role of Product Costing Inventory Valuation AnalystIn this role, Handles inventory valuation process for moderate to complex countries/entitiesResponsibilitiesMonth-end ClosingPerforms Material Ledger Closing (SAP) / FIFO Closing (S2K) and resolve any issues that may arisePerform FIFO pre and post-steps (depends on the entity and timing of activity)Reviews Material Ledger and Profit in Inventory (PII) for SAP entitiesPerforms Inventory reconciliation and investigate material variancesCheck GIT report and send to relevant stakeholdersPrepare other inventory related reports such as SOS, PII, Interco and Export P&L,LCUC, CAS, etc. (scope varies per country)Prepare Managed Assent Report and send to Controllers for sign-offPerforms and presents Inventory Movement Analysis during FSR callPerforms other quarter and annual tasks during month-end closing (e.g. PC reclass,NRV rate upload, Negative inventory adj, etc.)Journal EntriesS2KPrepare and raise accruals such as D-flag/IIT and Goods-In-Transit (GIT) accrualsReviews and requests posting of MCA journals and GL Reclass for S2K countriesPrepare and raise SOS entriesSAPPark JVs on SAPPrepare and raise entries such as Inbound Freight reclass, Handling JV, ERSA, ICO Margin reclass, and FIFO Revaluation entry.Applicable to both S2K and SAPPrepare and raise Inventory/FIFO adjustment entriesPrepare and raise Net Realizable Value (NRV) and Non-Working Inventory (NWI)accrualPrepare other journals related to inventory and P&L accounts (as needed)Ensure completeness of supporting docs of journals (i.e. basis for calculation, approvals, JV Templates, etc.)Calculate Inventory Unit Cost (S2K)Analyze unit cost on SKU level and coordinate to relevant stakeholder for material variances.Review and update/upload unit cost in the system (CS11, CS19, CS23, CS28, ITH, etc.)Perform PCDUCS costing which may include Month end closing task and resolution of erros.Weekly Soft Close and Pre-Monthend checkPerform Enhanced Soft Close – Exceptions Report Analysis. Make proper judgement and recommendation based on findings.Prepare ICO Margin and PPV Analysis. Communicate results to local stakeholders and COE team.Review Automated Weekly/Monthly Soft-Closing (pre-close)Clean up of process orders with collaboration with Plant AccountingPerforms OIM Clearing (Inventory, GRIR, FMD accounts)Approve MR11 depending on the amount granted per level as per global guidelinesPrepares and sends PL-FIFO Mismatch Reports. Provides initial investigation andrecommendation to AP team.Balance Sheet Account ReconciliationSubmits Balance Sheet Recon on Blackline on a monthly or quarterly basis depending on the risk assessment of the account and entity.Performs account reconciliation for Inventory, GRIR, FMD, and other transit accounts related to inventory (accrual accounts).Identify and investigate variances, clean up ageing recon itemsSOX and ComplianceAssists in providing supporting documents requests from SOX / Auditors. Perform related SOX controls and prepares evidences on a monthly basis.Operational Rhythm (meetings)Participate and Facilitates in Daily Tier1/HuddlesAttends and participate in pre-close, post-close, and BSR callsParticipates and leads team engagements, pillar meetings, and department townhallsOthersProvides guidance to other colleagues (associates and analysts)Assists on conducting process walkthroughs within the team, local stakeholders, and auditorsQualifications we seek in youMinimum Qualifications / Skillsor Finance-related degree. Solid financial accounting and internal control knowledge are requiredin inventory or product costing process is preferred (> 3 years to 5 years)or equivalent qualification is a plusin Shared Service Center for multinational corporation is preferredto communicate effectively with different stakeholders in the organizationknowledge of SAP is an advantagein EnglishPreferred Qualifications/ Skillsfor new assignment and willingness to learn. For example,to learn Legacy System (AS/400, PeopleSoft, etc.)functional and cultural communication skillsoriented and enjoys working with operational processesclient service and quality oriented mindset;approach to effectively and efficiently planning own workloadto perform tasks with minimal supervisionWhy join Genpact?Be a transformation leader – Work at the cutting edge of AI, automation, and digital innovationMake an impact – Drive change for global enterprises and solve business challenges that matterAccelerate your career – Get hands-on experience, mentorship, and continuous learning opportunitiesWork with the best – Join 140,000+ bold thinkers and problem-solvers who push boundaries every dayThrive in a values-driven culture – Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progressCome 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.