Hero Motors - Manager - Costing

About Hero Motors:

Hero Motors is part of the HMC group (www.hmcworld.co.in), a diversified conglomerate with a presence in automotive components, E-Mobility, cycles, real estate and premium retail, with the group revenue of USD 500 million in 2020. The automotive businesses of the group comprises mainly of 5 business verticals. The verticals Gears & Transmission, Bike Powertrain & Sheet Metal are part of Hero Motors. The other two verticals, Chassis Systems and Brake Discs & Drums are part of separate Joint Venture companies.

Hero Motors has recorded strong growth of 20%+ CAGR in Turnover over the last 5 years. Its latest division, Bike Powertrain is expanding into new product segments EV Motors & E-Drive Systems.

Specifications:

Experience (in years): 8-12 Yrs.

Industry Preferred: Automotive

Qualifications: C.M.A.

Roles & responsibilities:

- Maintenance of cost records as prescribed by the Central Government under clause (d) of sub section (1) of section 209 of the Companies Act, 1956, in automobile industries.

- Discussion with Customers and control on pricing and indexation.

- Project Economics for New projects and Quote.

- Product Costing to determine cost.

- Various Ratio Analyses.

- Calculation of Contribution of Products.

- Controlling BOMs and Variable cost.

- Cost Analysis - BOM Analysis, Utility Cost Analysis, Capacity utilization, Idle time, Blanks and Scrap Analysis, Model wise Actual and Budgeting Contribution Analysis, Major Variance, Analysis

- Pricing - Working for Price quotation, Cost settlement with Vendors/Contractors, SPD Costing and Profitability which includes fixation of Price for Domestic and Export Models.

- Cost Sheet and MIS Cost Sheet, Monthly Consumption report, MCM Preparation.

Functional competencies:

- Knowledge of CO Module in SAP.

- Understanding of Manufacturing / Engineering processes and associated cost.

- Experience in zero base costing and target costing.

- Good Knowledge of MS-Excel & Power Point.

Behavioral competencies::

- Openness

- Teamwork

- Punctuality

- Dedicated to work