Financial Planning - Singapore - Hyundai Motor Group Innovation Center Singapore (HMGICS)

    $60,000 - $130,000 (SGD) per year * Manufacturing / Mechanical
    Description

    Your Mission

    This position is responsible for managing investments necessary for the operation of HMGICS's R&D organization, R&D projects, and Customer Experience Space (CX) operations. Additionally, it includes discussing and analyzing investment budgets and costs with HQ, including determining budget amounts and settling investment costs on a monthly basis.

    What To Expect

    • Oversee R&D and CX budget management and deliberation processes, including refining the deliberation system and updating company manuals for new projects in alignment with HQ guidelines.
    • Secure and manage budgets with HQ, overseeing the end-to-end settlement process for indirect costs in R&D and CX activities, and ensuring accurate forecasting, execution, and variance control.
    • Review and monitor operating and investment expenditures, ensuring compliance with Hyundai's policies and the timely completion of monthly settlements.
    • Lead budgeting and settlement management for the Customer Experience Space by validating investment adequacy, monitoring expense efficiency, and ensuring alignment with HQ directives.
    • Enhance and manage the costing system related to R&D and MR&D operations to improve data accuracy, traceability, and cost transparency.
    • Support R&D project management by assessing task relevance, investment effectiveness, and resource utilization to improve ROI visibility.
    • Serve as the key financial liaison between HQ and HMGICS, facilitating prompt communication and decision-making regarding budget approvals, settlements, and ad-hoc financial requests.

    What You'll Bring

    • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
    • Experience in managing R&D projects related to manufacturing technology.
    • Experience in establishing new processes for managing R&D projects.
    • Prior experience in a financial accounting role, with knowledge of IFRS, SFRS, or GAAP and their application, would be advantageous.
    • Technical skills in actual cost settlement using the SAP system.
    • Technical skills in analyzing cost structures and manufacturing costs.
    • Strong understanding of cost accounting and the rational allocation of costs.
    • Proficiency in English and Korean to communicate with stakeholders in the Singapore entity and headquarters in South Korea.
    * This salary range is an estimation made by beBee
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