Cost Accounting Specialist

Hyperion Materials & Technologies Inc.; Washim; On-site; INR 500,000 - 800,000; Full time

Job summary

Hyperion Materials & Technologies Inc. in Washim, India, is seeking an experienced accountant to support monthly closes, financial reporting, and cost accounting.

You will manage A/P, A/R, reconciliations, and intercompany transactions while ensuring accuracy and compliance with corporate standards. The role requires a Bachelor's degree in accounting and 3–4 years of related experience, with strong English and Mandarin communication and proficiency in MS Office.

Qualifications

• Bachelor's degree in accounting from four-year college and 3-4 years related experience.
• Fluent in English and Mandarin both verbal and written.
• Proficient in MS Office; able to set up and operate a computerized accounting system.

Responsibilities

• Conduct accounts payable function (invoice matching, supplier payment) and supplier reconciliations.
• Reconcile AR and AP sub-ledgers with GL and support monthly closing.
• Prepare financial statements and reports (Trial Balance, Income Statement, Balance Sheet) and assist audit.
• Handle tax issues: collect tax related information and declare income tax and withholding tax.
• Assist cost accounting: analyze costs, adjust cost data, and prepare stocktaking statements.

Skills

English language

Mandarin language

Education

Bachelor's degree in accounting

Tools

Microsoft Office

Job description

Responsible for maintaining accurate financial records and supporting timely financial reporting. Handles accounts payable and receivable, reconciliations, month-end closing, cost accounting, intercompany transactions, tax reporting, and audit support. Ensures financial statements and accounting activities are accurate, reasonable, and completed in accordance with company requirements.

Essential Duties and Responsibilities

• Conduct accounts payable function (invoice matching, supplier payment). Supplier reconciliations and confirmations.
• Update and run periodic allocations, prepaid expenses, and accrued items.
• Deal with other accounts receivable process
• Reconcile sub-ledger (AR&AP) with GL.
• Responsible for monthly closing, reports (Trail Balance, Income Statement, Balance Sheet) and BPC reporting.
• Costing: check up on cost system; make cost adjustment; correct the mistake; prepare statements about COGS; set up standard cost; arrange annual stocktaking.
• Ensure timely financial reporting to Headquarter.
• Prepare bank reconciliations.
• Handle expatriated expenses recharge and invoice to related parties.
• Process internal invoice matching (SIH, Factoring, Web netting and ICM)
• Support internal and external Audit
• Tax issue: collect tax related information and declare income tax and withholding tax

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Work Experience

Bachelor's degree (B. A.) of accounting from four-year college and 3 - 4 years related experience

Technical Skills/Physical Requirements

• Fluent in English and Mandarin both verbal and written
• Microsoft office skill
• Set up and operate a computerized accounting system.
• Basic of internal communications
• Problem solving ability
• Planning
• Managing yourself

In July 2018, we began an exciting transformation to become an independent company under the ownership of KKR, a leading global investment firm based in the United States that builds stronger companies through employee engagement.

We believe an actively engaged workforce - with people acting and being treated like owners - produces a better company for all. So, in February 2019, we introduced the Hyperion Ownership Participation Program, which empowers our employees by allowing them to share in the value we create together.