IN_RBIN_Assistant Manager_Business Analyst & Controlling_NaP/CTG1

Company Description

In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end-to-end engineering and technology solutions. The Bosch Group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg.Technologies Private Limited. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. The Bosch Group in India employs over 30,500 associates and generated consolidated sales of about Rs. 26,827 crores (3.1 billion euros) in fiscal year 2021-22 of which Rs. 24,406 crores (2.8 billion euros) are from consolidated sales to third parties. Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over Rs. 11,782 crores (1.39 billion euros) in fiscal year 2021-22.
Additional information can be accessed at www.bosch.in

Job Description

• Reporting , Nashik Plant Profitability analysis, Budget controls,  Driving Cost reductions & Cost Control
• Finalization of monthly results (FAR), Current Forecast (CF), Business Plan (BP)  finalization & Management Reporting;
• Project Cost calculations, Cost Enquiry,  Make or Buy analysis & decisions,  Investment & Sensitivity analysis.

• Purpose -

• The purpose of this position is to assist to finalize business plan, current forecast & monthly FAR results for the respective products and later steer with the Value Stream & support functions on periodic basis to achieve the Results.

• Business Planning - 

  Liaise & assist to finalize the Business Plan, Current Forecast, MBR, LtPC, LtPM - Product-wise to meet BU/IPN targets.

  Cost Management - 

  Organize, co-ordinate & link information across functions to work out & administer the cost performance based on business planning / current forecasts- Product-wise. * Evaluate cost saving projects & certify the savings (Annual & Actualized) with appropriate logic and steer the Value Stream / Support functions for early realization and with periodic updates in MY-Measures Tool during Current Forecast process. (Except: Nashik Plant - since separate JD exists for RPP steering).

  Data Management - 

  Coordinate with cross functional team (CFT) & maintain the SAP data base (accounting, costing & other key views) to enable cost roll out for parts free from errors by properly analyzing with equivalent parts & ensuring right costing.

  Cost Analysis - 

  Interpret key data (business drivers, KPIs, business metrics); translate them into meaningful information & story-telling with VS.

  Deviation Management - 

  Identify root causes of problems; analyze reasons for deviations- Actual Vs Plan; notify on early warning signals & discuss with the concerned for corrective actions.

  Cost Estimation - 

  Provide Cost estimation against various cost enqui raised by sales/PRM/rBU/BU against running, equivalent & new parts considering the volume & other premises, as called for & aligning with all stakeholders.

Qualifications

• Cost & Management Accountant (CMA) (or) Chartered Accountant (CA)
• 1 to 5 years Post Qualification experience in Cost & Management Accounting
• Working experience on Standard Costing, Variance Analysis, Costing Techniques, Budgetary Controls
• Working knowledge in matrix organization (desirable)

Additional Information

Additional information

Skills / Competencies requirements

Functional Skills

• Proficient in Excel, MS Office & IT tools
• Competent with Dashboards & Reports Creation in Power BI
• Advanced work experience on SAP
• Knowledge of Product Controlling
• Basic business acumen skills
• Basic Result orientation & future oriented skills
• Basic corporate communication skills based on business contexts

Behavioral Skills

• Strong capability to build ecosystem partnerships with stakeholders
• Ability to influence positively the linking ideas to values, goals & needs of the organization
• Strong Team-player with ability to work in diverse teams
• Proactive & Improvement oriented. 
• Assertiveness and ability to negotiate & convince on management level
• Time management and Organization skills
• Passionate for self and business development and continuous improvement Structured, systematic, and analytic approaches
• Should have good accounting, analytical, costing & financial skills

Knowledge: 

• Basic knowledge of business processes (manufacturing / automobile)
• Advanced knowledge on accounting & cost accounting standards,
• Basic knowledge on indirect taxation; transfer price guidelines
• Basic knowledge on latest IT tools - SAP FI & CO, office automation tools & digitization platforms.