Genpact Hiring for AM – Procurement at Bengaluru, Karnataka Full Time

With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world’s 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. We’re 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, we’re 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 AM, Procurement

The primary requirement of this role is to close books on monthly/yearly basis and conclude variance analysis of raw material procure cost vs standard cost for a manufacturing company.

You’ll be required to get along with Client for Closing, Reporting and Analysis.

This role also requires you to perform Purchase Price Variances analysis to conclude factors impacting PPV.

You are required to have a fair understanding of Cash Flow Hedge, IAS 39 and IFRS 9.

You would be actively Involved in preparation of Financial Budgeting & Planning for Procurement.

This position is responsible for performing Closing, Reporting & Planning for the functions assigned in Procurement Finance

Apply now!

Responsibilities

Refines data set for variance analysis to raw materials prices.

Preparing monthly forecasting and Ensuring smooth monthly closing and reporting.

Rolling daily reports to Treasury.

Daily Reconciliation and confirmation of Trades with broker (R&O Team).

Budgeting & Forecasting for Ingredients and Packaging.

Assisting Internal and external audit

Preparation of Quarterly Ineffectiveness Testing and Regression Analysis.

Adhoc query resolution from Buyers and partners.

Qualifications we seek in you

Minimum qualifications

Graduate in Commerce

Relevant Experience

Preferred qualifications

Understanding of Cash Flow Hedge, IAS 39 and IFRS 9

Workflow Knowledge –Preferably SAP knowledge, Hyperion Financial Management and Business Warehouse(BW)

Knowledge of Plan/Budget Modeling using excel

Excellent excel knowledge

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, LinkedIn, and YouTube.

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.

JobAssistant Manager

Primary LocationIndia-Bangalore

ScheduleFull-time

Education LevelBachelor’s / Graduation / Equivalent

Job PostingSep 7, 2023, 7:03:10 AM

Unposting DateOngoing

Master Skills ListOperations

Job CategoryFull Time