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Inventory Accounting

4 months ago

Bengaluru, India Genpact Full time

Inviting applications for the role of Inventory Accounting.

We are looking for someone with extensive knowledge and understanding of the entire Inventory Accounting process. We need someone with strong operational knowledge & proven track record of running high performing teams in Inventory Accounting

In this role, you will be expected to work on strict deadlines in a business environment. This role may require travelling to onshore sites for Knowledge Transfer.

Responsibilities

In this role, you will be responsible for all the activities related to Inventory Accounting domain

Manage and Own the end-to-end Inventory Accounting process with minimum supervision

Retail industry exposure

A job description of inventory accountant includes responsibilities of maintaining accurate inventory records, reconciling inventory accounts, analyzing inventory discrepancies.

It also includes preparing inventory reports, and collaborating with other departments to ensure inventory accuracy.

It may also involve monitoring inventory levels, conducting audits, and implementing inventory control procedures to minimize errors and losses.

Strong analytical skills, attention to detail, and proficiency in accounting software are often required.

Maintain strong customer relations & business acumen

Responsible for all the activities related to Inventory Accounting

Awareness/understanding of industry best practices and industry benchmarking. To create the vision from as is state to improved state for process

Maintain strong customer relations & business acumen. Manage Client and Process independently and with minimum supervision

Should be able to speak to the US based clients to discuss the input and resolve any queries for disputes

Leverage appropriate advanced and sophisticated methods and approaches to synthesize, clean, visualize and investigate data as appropriate to deliver analytical recommendations aligned with the business need

Consult to identify risks and opportunities that impacts the performance of the business and convert them into analytical solutions and provide appropriate actionable insights

Actively manage the business continuity plans for the process

Ability to meet outlined and expected standards of timeliness and accuracy in completion of work, through prioritization of team tasks

Continuous coaching and developing Assistant Managers & Management Trainees: hire, assess, and document performance

Support team priorities and initiatives and effectively manage workload

Team management & negotiation skills. Must have a Problem-solving attitude

Lookout for automation opportunities to bring efficiency

Partner with Human Resources to handle client engagement staffing levels, develop employees, manage performance issues and/or gaps, succession planning and employee retention

Confirm that proper escalation procedures are followed according to established business practices

Should be able to communicate effectively with team and management and identify issues and concerns that may affect the performance of the job and communicate the same to leadership

Understanding and Reporting of Service Level Agreement

Deliver the required data for audit purposes

Exposure to Six Sigma training preferred, drive team to continuously improve in key operational metrics, analytical mindset to identify QPA/RPA opportunities and work with LDT team for implementation

Participate in governance meetings at country / region level; Closely work with the team and ensure right collaboration between team members to meet deliverables

Making the accounting process controls established through the internal policies

Daily Quality Check for the matching which team has matched.

Qualifications we seek in you

Minimum Qualifications

· B. Com Graduate or equivalent experience. Should be Analytically & Academically sound

· Must have prior work experience in Inventory Accounting domain

· Excellent Leadership skills. Demonstrated experience in resource management, team performance management, recruitment, and training

· Excellent knowledge of MS Office and Excellent communication & presentation skills mandatory

· Experience in creating, implementing & driving Structured Action Plans

Preferred Qualifications/ Skills

· L3 Manager experience preferred

· Exposure to Six Sigma training preferred

· Experience with international process transition would be added advantage

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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com . Follow us on Twitter, Facebook, , ands YouTube.