Hero MotoCorp—Finance Executive - Accounts

Job description

Description: Function Finance Pay Band M1 Role Establishment of effective processes & development of control analytics in newly established Global Parts Centre at Tirupati along with support to the greenfield operations A purpose driven role for you 1) Procure to Pay & Record to Report– a) Day to day activities: - i) Ensuring the timely payment to vendors in adherence to internal policies ii) Monitoring vendor reconciliations on regular basis iii) Monitoring the booking of plant related costs e.g., manpower costs; manufacturing costs; overheads etc. iv) Invoice Verification including timely payments to vendors as per standard operating procedures of the company v) Fixed asset management vi) Monitoring of the monthly/ quarterly material provisions for price amendments vii) Coordination for statutory audit, tax audit and internal audit viii) Preparation of audit schedules and timely closing of books ix) Plant level Kaizen b) Statutory Compliances: - i) MSME Compliances ii) Cost Audit iii) GST Compliance w.r.t ITC, filing of GSTR returns on due dates, 180 days’ payment compliance, periodic HSN review etc. iv) Ensuring proper TDS deduction and TCS collection as per Income Tax Act c) DOA Compliances and Internal Controls: - i) Ensuring that all transactions comply with Delegation of Authority (DOA) without any exception ii) Regular monitoring of vendor debit and credit balances including ageing of advances given to vendors and clearing of the same 2) Other Monthly work and MIS – a) Preparing the product/ geographical segment wise profitability on a monthly basis b) In-plant costing of the parts c) Monitoring of inventory days/ ageing to control excess inventory/ obsolescence d) Analytics on various costs e.g. Manufacturing Variable Costs & Operational Overheads etc. and liaising with different operational department to understand and control the same 3) Projects – Involvement in various cost optimization, process automation projects as well as miscellaneous projects such as plant finance compliance checklist, sale & purchase trend etc. A Day in the life Establishment of effective processes & development of control analytics in newly established Global Parts Centre at Tirupati along with support to the greenfield operations Academic Qualification & Experience Chartered Accountant with 1 to 3 years of experience Technical Skills/Knowledge Analytics; Record to Report Behavioural Skills Communication Skills; Presentation Skills; Self Motivated; Team Player; Time Management What will it be like to work for Hero As the world’s largest manufacturer of motorcycles and scooters for the last 25 years, Hero is where you will get to work with the brightest innovators, passionate about being the best in what they do. You will become a part of India’s proudest legacy, a brand that is celebrated by 130 million Indians and is now taking over the world with its manufacturing superpower. If you are someone who dreams big and goes after their dreams with absolute conviction, Hero is your place to be. At Hero, we are building a cutting-edge future of mobility, pushing frontiers of innovation and aiming for the very best. Choose to be with the best, choose to be your best. About Hero Hero MotoCorp, headquartered in New Delhi, India, is the world's largest manufacturer of motorcycles and scooters for 25 consecutive years with ~$5 billion revenue. The Company's global footprint spans 52 countries across Asia, Africa, Europe, Central and Latin America with a customer base of over 130 million. The Company operates eight manufacturing facilities - six in India and one each in Colombia and Bangladesh- along with two Research and Development centres: Centre for Innovation and Technology (CIT) in India and Tech Centre Germany (TCG). Hero MotoCorp is driving the transition to electric mobility through VIDA, powered by Hero. Strategic alliances with Harley-Davidson and Zero Motorcycles support the design and development of premium and electric motorcycles, respectively. Further demonstrating its commitment to the EV future, the Company has made strategic investments in two- and three-wheeler EV manufacturers, Ather Energy and Euler Motors. Hero MotoCorp is the only Indian two-wheeler manufacturer listed on the prestigious Dow Jones Sustainability Index (D/SI). Hero MotoCorp's Executive Chairman, Dr. Pawan Munjal, was named to the 2025 TIME100 Climate List of the 100 most influential leaders driving business climate action. Beyond mobility, Hero MotoCorp is a major global promoter of sports, including golf, football, field hockey, and cricket. Hero MotoSports Team Rally is India's flag bearer in global rally racing.