Genpact (NYSE: G) is a global professional services firm that makes business transformation real. We drive digital-led innovation and digitally-enabled intelligent operations for our clients, guided by our experience running thousands of processes primarily for Global Fortune 500 companies. We think with design, dream in digital, and solve problems with data and analytics. Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 90,000+ of us. From New York to New Delhi and more than 30 countries in between, we connect every dot, reimagine every process, and reinvent companies’ ways of working. We create resilient, more sustainable, business outcomes. Whatever it is, we’ll be there with you – accelerating digital transformation to create bold, lasting results – because transformation happens here.
Genpact began in 1997 as a business unit within General Electric. In January 2005, Genpact became an independent company to bring our process expertise and unique DNA in Lean management to clients beyond GE, and then in August 2007, we became a publicly-traded company. Since December 31, 2005, we have expanded from 19,000+ employees and annual revenues of US$491.90 million to 90,000+ employees and annual revenues of US$3.52 billion as of December 31, 2019.VACANCY DETAILS :-
- 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
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