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.
Position Details
Position : Manager Function: Finance (Costing & Budgeting)
Reports to: Commercial Head Location: Ghaziabad
Specifications
Experience (in years) : 8-10 Yrs.
Industry Preferred : Automotive
Qualifications : C.M.A.
Roles & responsibilities
\u0009 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.
\u0009 Discussion with Customers and control on pricing and indexation.
\u0009 Project Economics for New projects and Quote.
\u0009 Product Costing to determine cost.
\u0009 Various Ratio Analyses.
\u0009 Calculation of Contribution of Products.
\u0009 Controlling BOMs and Variable cost.
\u0009 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
\u0009 Pricing - Working for Price quotation, Cost settlement with Vendors/Contractors, SPD Costing and
Profitability which includes fixation of Price for Domestic and Export Models.
\u0009 Cost Sheet and MIS - Cost Sheet, Monthly Consumption report, MCM Preparation.
Functional competencies Behavioural competencies
\u0009 Knowledge of CO Module in SAP.
\u0009 Understanding of Manufacturing / Engineering processes and
associated cost.
\u0009 Experience in zero base costing and target costing.
\u0009 Good Knowledge of MS-Excel & Power Point.
\u0009 Openness
\u0009 Teamwork
\u0009 Punctuality
\u0009 Dedicated to work
Our website : Home - Hero Motors
Skills: Costings
