Front Line Manager - F&A - R2R 4C

Front Line Manager - 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 oragentic 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 atgenpact.com and onLinkedIn,YouTube,X, andFacebook.

Job Description

Role Purpose 

The Front Line Managerfor 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 ofmonth-end close activities related to inventory valuation and costing. 

• Review and approvejournal entries related to inventory adjustments, cost allocations, and variance postings in ERP systems. 

• Drive and monitorinventory valuation accuracy, includingFIFO-based valuation, NRV adjustments, and provisioning.  

• Own and drivestandard costing processes, including cost roll-ups, cost updates, and validation of costing structures. 

• Analyze and managecost variances (PPV, usage variance, production variance) and provide insights into cost drivers.  

• Overseeinventory reconciliations, ensuring alignment between physical inventory, sub-ledger, and GL balances.  

• Managelarge-scale production and inventory datasets (SKU, plant, and warehouse level), ensuring accuracy and integrity. 

• Establish and enforce adherence tocosting policies, inventory valuation frameworks, and SOPs.  

• Ensureoverall integrity, accuracy, and completeness of inventory balances and cost reporting outputs.  

• DriveSLA and KPI governance, ensuring delivery excellence and timely financial close.  

• Drive governance and take decisions oncomplex costing issues, valuation methods, and financial adjustments. 

• Collaborate withplant finance, operations, supply chain, and FP&A teams to resolve costing and inventory issues. 

• Lead and develop teams, ensuringperformance management, coaching, and capability building.  

• Manage escalations related toinventory discrepancies, costing issues, and financial risks, ensuring timely resolution.  

 

Governance, Controls & Compliance 

• Ensure strong compliance withSOX controls, accounting standards (IFRS / US GAAP), and inventory control frameworks.  

• Establish and monitorinventory valuation and costing governance frameworks and control mechanisms.  

• Review and approve keyinventory balances, cost calculations, and reconciliation outputs for compliance and accuracy. 

• Ensureaudit readiness, including documentation for costing assumptions, inventory valuation, and reconciliations.  

 

Stakeholder Management 

• Build and manage strong relationships withplant controllers, manufacturing finance teams, supply chain, and FP&A stakeholders.  

• Act as a primary contact forcosting, inventory valuation queries, and escalation handling.  

• Drivegovernance calls, performance reviews, and stakeholder discussions.  

• Provide insights oncost drivers, margin impacts, inventory valuation risks, and financial performance. 

 

Continuous Improvement 

• Driveprocess transformation, standardization, and automation initiatives across product costing and inventory processes.  

• Identify root causes ofinventory discrepancies, costing inefficiencies, and reconciliation breaks, and implement corrective actions. 

• Lead initiatives to improvecosting accuracy, reporting efficiency, and inventory valuation processes.  

• Support implementation ofadvanced 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 includinginventory accounting, product costing, reconciliations, journal entries, reporting, audit requests, and ad hoc analyses.  

• Review and approvejournal entries related to inventory valuation, cost adjustments, and variance allocations with accuracy and adherence to timelines.  

• Preparation and review ofinventory and balance sheet reconciliations, ensuring timely clearance of reconciling items.  

• Ensure execution ofstandard costing and inventory valuation processes (FIFO, NRV).  

• Manage and resolveinventory discrepancies, open items, and costing issues through cross-functional coordination. 

• Ensure compliance with SOX controls and contribute toprocess improvements in costing and inventory valuation.  

 

Minimum qualifications 

• Relevant years of experience in accounting or related financial processes, withmandatory expertise in product costing and inventory valuation.  

• ICWA / CMAwith strong exposure to manufacturing or production accounting. 

• Bachelor’s / Master’s degree in Commerce or Finance. 

• Strong and proven experience instandard costing, cost roll-ups, and variance analysis. 

• Strong knowledge ofinventory valuation methods (FIFO, NRV, provisions).  

• Experience inmanufacturing / plant accounting environments. 

• Strong proficiency inMS Office applications, especially Excel (handling large datasets and analysis).  

• Experience inERP systems such as SAP (CO/MM preferred).  

 

Preferred additional Skills 

• Strong expertise ininventory accounting, product costing models, and financial analysis.  

• Experience inmanaging high-volume production and inventory environments. 

• Strong understanding ofinternal controls, audit frameworks, and compliance requirements.  

• Exposure toautomation, process transformation, and advanced reporting tools (Power BI).  

• Strong analytical and problem-solving capabilities. 

• Excellent stakeholder management and communication skills.  

 

Key Competencies 

• Strong expertise inproduct costing and inventory valuation methodologies 

• Deep understanding ofstandard costing, FIFO, and cost variance analysis 

• Ability to managelarge-scale inventory and production datasets 

• Strong analytical, problem-solving, and decision-making capability 

• Cross-functional collaboration withmanufacturing, supply chain, and finance teams 

• Strong control mindset and compliance orientation 

• Team leadership and performance management 

• Stakeholder management and communication 

Qualifications

Bachelors - Accounting, Bachelors - Commerce, Bachelors - Economics, Bachelors - Finance, Masters - Finance

Certifications

Certified Financial Analyst (CFA) - SkillabSkillab, Financial Risk Manager (FRM) - LinkedIn LearningLinkedIn Learning

Required Skills

Accounting, Banking Capital Markets, Financial Analysis Reporting, Financial Operations, Intercompany Accounting, Oracle ERP Applications, Performance Testing, Process Standardization, Record To Report (R2R), SAP Enterprise Resource Planning (ERP)

Language

English

Language Proficiency -

Advanced - C1

Additional Job Location -

Job Type

Regular

Master Skill List -

F&A - R2R

Remote Type -

Office

Work Shift -

Rotating (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.