Company Description
The Bosch Group is a leading global supplier of technology and services, in the areas of Automotive Technology, Industrial Technology, Consumer Goods, Energy and Building Technology.
In India, the Group operates through nine companies with a combined strength of over 30,000 associates which includes around 14,000 research and development associates.
Bosch Chassis Systems India Ltd is a 100 % Bosch owned company in India. The company design and develops world-class Hydraulic Brake System Parts which includes Boosters, Tandem master Cylinders and Proportionating valves. The Control Division develops innovative components, systems and functions in the field of vehicle safety, vehicle dynamics and driver assistance like ABS and ESP. RBIC would soon be expanding its portfolio in passive safety and other Driver assistance products.
We invite promising and dynamic professionals for a long-term and
rewarding career with Bosch.
Job Description
Responsible BU coordination for ATC, ABS/ESP & PAO for Engineering.
Define and report reasonable distribution of cost for business units to ensure adequate absorption within the approved Central budget • BU P&L preparation, analysis forecasting • Reporting: Month end, quarter end and year end. Ensuring accurate and on-time data submission • BU Evob, PPC, Budget Preparation, planning & analysis for ATC, ABS/ESP & PAO • Monthly PTM’s, PVA analysis and compilation of report at customer, product & sales topic • RPP : Weekly, Monthly, Quarterly reviews with CFT(LOG, PPC, CTG, VA), along with coordination for RPP certification & My measures. • Prep. & presentation For Global RPP Meet • Handling Internal strategic commercial Project ex. Outsourcing • Co-ordinate & link information across functions to work out & administer the Plant Performance based on Business Planning / Current Forecasts - Product-wise / PDCL wise; work for early realization of cost measures from all Value Streams. • Interpret Key Data (Business Drivers, KPIs, business metrics); translate them into meaningful information & story-telling with VS • Analyze reasons for deviations - Actuals Vs Plan; provide early warning signals to concerned for corrective actions. • Working out Cost estimation against various cost enquiries raised by Sales / PRM / BU against running, equivalent & new parts considering the volume & other premises, as called for & aligning with all stakeholders incl. Plant Mgmnt. Or BU wherever necessary • Obtain competencies in the Functional & Digital areas based on present and future trends as per the business requirements. • Evaluating capital budget proposals considering NPV, IRR, Pay-back criteria & giving financial perspective for decision making. • Inventory management, including physical stock taking, inventory valuation & reporting. • WBS management for Capex & Revenue for Engineering & PAO topics • Strengthening of accounting processes for corporate books in discussion with various stakeholders for BU
Qualifications
ME/MTech, MBA in finance, CA, ICWA With:
a) 6-10 years of Post Qualification experience in Cost & Management Accounting & Coordination
b) Working experience on Standard Costing, Variance Analysis, Costing Techniques, Budgetary Controls)
c) Working knowledge in Matrix organization - preferred.
Additional Information
Advanced knowledge of Business Processes (manufacturing / automobile) • Advanced knowledge on Accounting & Cost Accounting Standards • Basic knowledge on Indirect Taxation; Transfer Price guidelines • Advanced Knowledge on latest IT tools - SAP FI & CO, Office Automation tools & Digitization platforms • Basic Business Acumen skills: timely readiness of accurate data, future & result oriented. • Ability to adapt, handle dynamic working conditions/situation, flexible • Good communication and interpersonal skills.
Willingness to handle conflicting situations with internal, external stake holders. • Must lead the team towards a conclusive decision with agreement from all members • AGILE, Quick learning ability for absorb & perform new techniques, soft tools • Ability to stay focused under stress and changing conditions
• Language proficiency- English, Hindi, Marathi & German Fluency Preferred
What We Do
The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.
As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”
The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.
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