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
1. Cost Rollout : Compute and update PPC for all relevant part number, analyze reasons for deviation and provide early warning signals to steer the business in line with business plan targets.
2. Data Management and Accounting : Ensure high data transparency and provide qualitative data to the management to take timely decisions.
3. Inventory Management : Report inventory along with ageing to all stakeholders, validate and track improvement measures to provide timely triggers on slow/ non moving inventory with the objective to achieve Inventory targets.
4. IDC Reporting and Monitoring : Report defect cost to all stakeholders and constant follow up to analyze the root cause to ensure defect cost targets are met.
5. Cost Reduction (RPP) : Validation of RPP projects and month wise tracking of benefits realized.
6. Compliance and Governance : Support in stock audit of Hassan, MWS audit and reporting the variance.
7. Digital transformation : Ideate and implement continuous process improvements through digital, automation tools and thereby reduce manual efforts and data redundancy.
8. Investment Appraisal and Evaluation : Evaluate new business proposals- with old or new investments, plant-to-plant product/ component transfer proposals, coordinate with IPN/BU, get business evaluation done for 'Bosch View' and work on next steps with cross functional team.
EDUCATION
Cost and Management Accountant(CMA) / Chartered Accountant (CA).
MBA in Finance from premier Institutes.
EXPERIENCE
2 + years experience in cost management, finance and accounting.
Experience with plant financial analysis.Experience in a matrix organization is desirable.
KNOWLEDGE
1. Competent knowledge of business processes in manufacturing/automobile, accounting and cost accounting standards.
2. Basic knowledge on standard costing, variance analysis, costing techniques, budgetary controls, capex monitoring and inventory control.
3. Basic knowledge on indirect taxation and transfer price guidelines.
4. Advanced knowledge on IT tools - SAP FI and CO, MS Office, latest automation tools and digitization platforms.
SKILLS
1. Proficient in cross functional team collaboration and excellent communication skills.
2. Advanced business acumen skills.
3. Competent analytical and strategic thinking skills.
Additional Note : Female Diversity Preferred for this role.
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