Job Description
With a startup spirit and +0,000+ curious and courageous minds, we have the expertise to go deep with the worlds biggest brands and we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. Were harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, were calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better.
We are inviting applications for the role of MT, Costing!
Responsibilities:
• Analysis of difference between Goods Receipts and Invoice Receipts due to timing difference and process the necessary adjustments. and ensure the inventory is recorded correctly for the period
• Review of stock on hand, whether needs to be lot graded. Updating lot tagging in the system for those lots marked to be lot graded.
• Review of accounts by products to verify purchase price variances and Subcontract variances. Any adjustment needs to be reviewed and re classed to COGS or the B/S inventory account.
• Perform monthly inventory reconciliation comparing the perpetual inventory report (Semi Finished Goods for Internal Products) to reports from the internal manufacturing plants ERP system. Ensure correct Inventory population is included and reconciled to the General ledgers.
• Identify whether there are any stock deviations between ERP and Third Party Contract Manufacturing Organizations stock confirmations and whether the variances require reserve for stock on hand (e.g. reserve recognition, correct inventory reserve release according to sell through/ scrapping).
• Review lots tagged within internal manufacturing plants ERP system within the period to determine any requirement for Inventory reserves. Any reserves identified will be posted in to SAP.
• Posting Journal Entries to Reserves – Creation and amortization
• Reconciliation of Balance Sheet Accounts pertaining to Inventory Reserves Accounts
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, ****** 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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube
We are inviting applications for the role of MT, Costing!
Responsibilities:
• Analysis of difference between Goods Receipts and Invoice Receipts due to timing difference and process the necessary adjustments. and ensure the inventory is recorded correctly for the period
• Review of stock on hand, whether needs to be lot graded. Updating lot tagging in the system for those lots marked to be lot graded.
• Review of accounts by products to verify purchase price variances and Subcontract variances. Any adjustment needs to be reviewed and re classed to COGS or the B/S inventory account.
• Perform monthly inventory reconciliation comparing the perpetual inventory report (Semi Finished Goods for Internal Products) to reports from the internal manufacturing plants ERP system. Ensure correct Inventory population is included and reconciled to the General ledgers.
• Identify whether there are any stock deviations between ERP and Third Party Contract Manufacturing Organizations stock confirmations and whether the variances require reserve for stock on hand (e.g. reserve recognition, correct inventory reserve release according to sell through/ scrapping).
• Review lots tagged within internal manufacturing plants ERP system within the period to determine any requirement for Inventory reserves. Any reserves identified will be posted in to SAP.
• Posting Journal Entries to Reserves – Creation and amortization
• Reconciliation of Balance Sheet Accounts pertaining to Inventory Reserves Accounts
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, ****** 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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube
💡 Quick Summary
Seeking a career-building opportunity? The Cost Accountant | Management Trainee | US Shift position is now open for candidates interested in the Accountant Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
