BidP1_Asst. Manager/Deputy Manager_Business_Analyst_CTG at Bosch Group

, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

22 Mar, 26

Salary

0.0

Posted On

22 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Planning, Cost Management, Data Management, Cost Analysis, Deviation Management, Cost Estimation, Competence Development, Investment Evaluation, Government Incentives, Standard Costing, Variance Analysis, Budgetary Controls, SAP, Accounting, Cost Accounting, Communication

Industry

Software Development

Description

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 We at Bidadi have adopted the IATF 16949. Based on the input from our excellence journey we have designed processes management system. Process management is the unrelenting focus to create and to deliver value to the customer. To become a Global Manufacturing hub and be an indispensable player in the International Production Network, the Leadership at Bidadi Plant focuses on Lean & Flat Organization which will constantly strive for Supply Chain Excellence. At Bidadi, the focus is on Agile organization Model with transparent collaborative approach. Job Description Job 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. Primary responsibility: 1. Business Planning Key Activities: Liaise & assist to finalize the Business Plan, Current Forecast, MBR, LtPC, LtPM - Product-wise to meet BU/IPN targets 2. Cost Management Key Activities: 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 logics and steer the Value Stream / Support functions for early realization and with periodic updates in mY-Measures Tool during Current Forecast process. 3. Data Management Key Activities: 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. 4. Cost Analysis Key Activities: Interpret key data (business drivers, KPIs, business metrics) on the Product performance; translate them into meaningful information & story-telling with VS 5. Deviation Management Key Activities: Identify root causes of problems; analyze reasons for deviations - Actuals Vs Plan; notify on early warning signals & discuss with the concerned for corrective actions 6. Cost Estimation Key Activities: Provide Cost estimation against various cost enquiries raised by Sales / PRM / rBU / BU against running, equivalent & new parts considering the volume & other premises, as called for & aligning with all stakeholders. 7. Competence Development Key Activities: Obtain competencies in the functional & digital areas based on present and future trends as per the business requirements 8. Investment Evaluation Key Activities: Work out capital budget proposals considering Net Present Value (NPV), Internal Rate of Return (IRR), pay-back criteria & giving financial perspective for decision making. 9. State Government / Central Government Incentives (Industrial Policy, PLI, etc.) : Key Activities : Keep abreast on the latest developments announced by State / Central Government on different Incentive schemes, analyze the applicability of such schemes from Plant operations perspective & explore for availment of suitable schemes. Keep constant touch with the concerned Government Officials on varied requirements for compliance & realization of benefits. Qualifications Education Cost & Management Accountant (CMA) (or) Chartered Accountant (CA) MBA (Finance / Cost Accounting) from Top 5 Business Institutes (desirable) Experience 2 / 3 Yrs. Post Qualification experience in Cost & Management Accounting Working experience on Standard Costing, Variance Analysis, Costing Techniques, Budgetary Controls Working knowledge in matrix organization (desirable) Working knowledge & exposure on various Incentive schemes promoted by State & Central Govt. Additional Information 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 Functional skills Basic business acumen skills Basic Result orientation & future oriented skills Basic corporate communication skills based on business contexts Legal Entity: Bosch Ltd.

Responsibilities

The role involves assisting in finalizing business plans, forecasts, and cost management for products. It also includes coordinating with cross-functional teams to ensure accurate data management and cost analysis.