Cost Accounting Assistant Manager

Hyundai Motor Company
13d

About The Position

Support the development, analysis, and reporting of Total Delivery Cost (TdC), providing strategic insights to improve cost efficiency and profitability. Oversee cost variance analysis for materials, labor, and overhead, and provide actionable recommendations to senior leadership. Establish and maintain standard and actual cost structures, ensuring data accuracy and transparency across all reporting systems. Collaborate with cross-functional teams (Finance, Procurement, Production, Logistics) to drive cost optimization initiatives and align cost analysis with corporate objectives Develop operational dashboards and reports to support management decision-making and budgeting processes. Supervise the monthly and quarterly cost analysis and reporting process, ensuring timely and accurate submission to headquarters and management teams. Lead annual cost planning and budgeting processes, including cost forecasting and target setting. Monitor and evaluate key cost drivers, preparing detailed variance analyses and root cause assessments. Provide strategic input on pricing, cost-saving projects, and profitability improvement plans. Direct the preparation of regular cost analysis reports and presentations for executive management. Develop and maintain methodologies for cost allocation and internal cost control in line with corporate policies. Manage and mentor cost analysis team members, fostering technical expertise and a culture of continuous improvement. Support internal and external audits by providing cost data and documentation. Collaborate with global HQ (HMC) and regional offices (HMNA) to ensure alignment of reporting standards and cost management practices. Perform special projects or other duties as required.

Requirements

  • Bachelor’s degree required.
  • Bachelor’s degree in Finance, Accounting, Economics, or related field (Master’s preferred).
  • 5+ years of experience in cost analysis, cost accounting, or financial planning in the automotive or manufacturing industry is strongly encouraged.
  • Proven track record in leading cost variance analysis, budgeting, and profitability improvement initiatives.
  • Strong analytical skills with expertise in cost modeling, data visualization, and financial reporting.
  • Proficiency in Microsoft Office and ERP systems (SAP experience strongly preferred).
  • Ability to lead and develop a high-performing team, with excellent communication and cross-functional collaboration skills.
  • Must be authorized to work in the United States and not require work authorization sponsorship by our company for this position now or in the future.
  • Strong command of the English language (written and spoken) is essential for safety, communication, documentation, and collaboration across the organization.

Nice To Haves

  • Master’s preferred
  • SAP experience strongly preferred

Responsibilities

  • Support the development, analysis, and reporting of Total Delivery Cost (TdC)
  • Oversee cost variance analysis for materials, labor, and overhead
  • Establish and maintain standard and actual cost structures
  • Collaborate with cross-functional teams (Finance, Procurement, Production, Logistics) to drive cost optimization initiatives
  • Develop operational dashboards and reports to support management decision-making and budgeting processes
  • Supervise the monthly and quarterly cost analysis and reporting process
  • Lead annual cost planning and budgeting processes
  • Monitor and evaluate key cost drivers
  • Provide strategic input on pricing, cost-saving projects, and profitability improvement plans
  • Direct the preparation of regular cost analysis reports and presentations for executive management
  • Develop and maintain methodologies for cost allocation and internal cost control in line with corporate policies
  • Manage and mentor cost analysis team members
  • Support internal and external audits by providing cost data and documentation
  • Collaborate with global HQ (HMC) and regional offices (HMNA) to ensure alignment of reporting standards and cost management practices
  • Perform special projects or other duties as required

Benefits

  • competitive Medical / Vision / Dental insurance
  • paid holidays
  • paid time off
  • competitive 401k plan
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service