Cost Accounting Sr. Specialist

About Hyundai India

Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC). HMIL is India’s first smart mobility solutions provider and the number one car exporter. Since its inception in India, Mr. Unsoo Kim is the Managing Director and Chief Executive Officer of HMIL. HMIL forms a critical part of HMC’s global export hub. It currently exports to around 85 countries across the globe. To support its growth & expansion plans, HMIL has a vast dealer network and multiple service points across India. In its commitment to providing customers with cutting-edge global technology.

Your role

• Prepare Cost Plans & Standards, Monitor the Cost of Goods Manufactured, Ensure Compliance with Cost Accounting Principles & Analyze the Cost Reduction performance in line with the organization’s Business Plan to achieve Optimal Resource Utilization
• Prepare, Maintain Country wise, Partwise Approved Price Master for CKD & A/S Business to support Business Performance and carryout feasibility for any Profit Improvement proposals
• Preparation of Cost Projection (Material, Labour) for Annual Business Plan to determine profitability
• Preparation of Standard Cost on an Annual basis/Need basis for all Material Types (CBU, SFG, WIP, FG & Parts—LP & KD) used in Factory
• Prepare, Analyze, Compare and Report – Cost of Goods Manufactured, Model - wise target Material and Processing Cost, and Actual Profit vis-à-vis Plan for CKD and A/S part Sales to enhance Profitability
• Prepare Cost Sheets in accordance with Costing Principles and Coordinate with External Cost Auditor for Cost Audit Certification
• Execute CO Cost Closing Activities by ensuring allocation of cost to Product/Line
• Prepare CKD Feasibility Study reports to enhance profitability and expand into new business opportunities

Training, development & rotations

From initial orientation, employees have opportunities to expand their skills and grow at Hyundai through a variety of learning opportunities, including classroom programs, web broadcasts, and over 500 online courses. The company works hard to achieve personal development and make use of what they have learned in doing the job. They recognize that every employee’s capability is important to the organization, and support individual efforts for personal development.

Salary & benefits

The average annual salary for this role will range from INR 2.5 to 4 LPA (Source: glassdoor). Some of the core benefits offered by Citibank to all its employees include;

• Medical
• Invest in yourself
• Shape your career
• Financial
• Vehicle Benefits
• Learn and grow

To learn more about the benefits click here

Career progression

Hyundai provides people with opportunities to grow and to assume authority and responsibility for employees' work. They evaluate the people based on performance and competence, irrespective of gender, race, nationality, and academic or regional background. HMIE considers every possibility to let its employees think creatively and bring innovative ideas to make the forefront of the organization. They leave no stone unturned to provide the best career progression with opportunities and guidance in the right direction.

Work-life balance

They create a working environment where employees feel energized and confident. They value experience and use all available knowledge and know-how when performing their work. HMIE strives to provide a consistently positive work environment and inspires youngsters to mark it as an employer of choice.

Culture & vibe

The company respects cultural diversity and makes efforts to understand other cultures. They pursue cooperative growth with regional communities by customizing their business approaches to suit each specific country. They also comply with the laws and maintain high ethical standards. They do not put the interests of the individual ahead of the group, and do not commit, aid, or condone misconduct. HMIE is built with a great workplace culture to enable its human potential to achieve its business potential.

About you

To apply for this role you need to fulfill the following eligibility criteria:

Education:

• Postgraduate: CA, ICWA(CMA)

Key Skills

• Costing, Cost-Management 

Experience:

• 0 - 3 Years

How to apply

To apply for this role, just click on the "Apply on employer site" button, which navigates to the career section where the application can be submitted directly.

The basic recruitment process at Hyundai Group India comprises five stages,

• Written test
• Work competency assessment
• Group discussion
• Technical interview
• HR Interview