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 set-up its manufacturing operation in 1951, which has grown over the years to include 18 manufacturing sites, and seven development and application centers.
The purpose of this position is to supervise the consolidation and forecast of BU results to ensure a high quality data transparency for Regional Business Unit to steer business and enable business decisions
Primary Responsibility :
- Controlling & Accounting Management : Supervise business unit results consolidation, provide transparent data
to Regional Business Unit to steer the business to achieve targeted results, drive cost reduction measures, evaluate investment assessments & support business decisions
- Cost Structure Management : Define and assess cost structures by developing financial performance indicators and drive cost reduction measures by partnering with plant team, Regional Business Unit, Business Unit and International Production Network
- Business Evaluation : Supervise business case evaluation with applicable scenarios & relevant costing techniques, defining business model, inclusion of various grants & incentives
- Enterprise Risk Management : Define a process to identify and address the potential risks of a business division & define mitigation plans to overcome risks
- Digital Transformation : Define and implement data driven business controlling through digitization to improve operational excellence
- Compliance & Governance : Ensure compliance of RB central directive & guideline to fulfill statutory requirement, realization & flow of Govt. incentives, subsidies, export benefits to support cash flow
Ensure margins are met within the ambit of transfer price guideline on a BU level
- Escalation Management : Implement and escalate commercial concerns, risks to leadership team (as per escalation matrix) to seek appropriate management interventions / decisions
- People Management : Ensure the controlling and finance departments competency requirements based on current and future trends and direct employee capability development accordingly
Education :
* Cost & Management Accountant from The Institute of Cost Accountants of India (or)
* Chartered Accountant from the Institute of Chartered Accountants of India (or) * MBA in finance ,Cost & Management Accountant from The Institute of Cost Accountants of India (or)
Experience :
* 10+ years of post qualification experience of which minimum 3-5 years in plant controlling
* Experience on long-term planning/forecasting, cross functional processes, manufacturing units
financial planning
Knowledge :
* Proficient knowledge of business processes (manufacturing), finance and accounting competence
* Proficient knowledge on costing and internal controls
* Competent knowledge on taxation & international transfer pricing
* Competent knowledge of IT tools like SAP FI & CO with exposure in execution
Functional Skills :
* Competent team building & collaboration & communication skills
* Advanced customer orientation & emotional Intelligence skills
* Competent decision making, analytical and strategic thinking skills
* Competent negotiation & conflict management skills
Refer the Job ID : PSFIBAS274