IN_Bosch Rexroth India_ Assistant Manager / Deputy Manager – Controlling at Bosch Group

Iyava, gujarat, India -

Full Time

Start Date

Immediate

Expiry Date

25 Feb, 26

Salary

0.0

Posted On

27 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Budgeting, Forecasting, Cost Control, Variance Analysis, Financial Governance, Management Reporting, Business Partnership, Process Improvement, Risk Management, Analytical Skills, Communication, Stakeholder Management, Integrity, ERP Systems, Financial Modeling, Cost Accounting

Industry

Software Development

Description

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 Rexroth AG is one of the world's leading specialists in the field of drive and control technologies. Under the brand name of Rexroth the company supplies customers with tailored solutions for driving, controlling and moving - for industrial applications and factory automation, mobile applications and using renewable energies. Bosch Rexroth India Pvt. Ltd. is 100% subsidiary of Bosch Rexroth AG, having Sales Turnover of around INR 2000 Crores in 2024 & Head office & Plant at Sanand, Ahmedabad. We invite promising and dynamic professionals for a long-term and rewarding career with Bosch. “The Bosch Group is a globally recognized provider of technology and services, excelling in Automotive Technology, Industrial Technology, Consumer Goods, Energy, and Building Technology. With a strong presence in India, the Group operates through nine companies and boasts an impressive workforce of over 400,000 associates, including approximately 20,000 dedicated to research and development. Among its subsidiaries, Bosch Rexroth AG stands out as a leading expert in drive and control technologies. Changing scenes on the theatre, production lines that automatically adapt to new products in the factory of the future, always sufficient power for moving slice gates that weigh several metric tons, and mobile machines conquering narrow forest trails or the largest construction sites in the world: Creating movement is our driving force. As a global partner, Bosch Rexroth stands by mechanical and plant engineering challenges worldwide, armed with cutting-edge technology and unparalleled industry expertise. With a dedicated workforce of over 32,300 employees, we strive to deliver safe, efficient, intelligent, and powerful solutions. Our team excels in enabling cost-effective production of small batch sizes and optimizing energy consumption while boosting productivity. Equipped with a diverse cross-technology portfolio, digital services, and comprehensive support, we are committed to being your ultimate partner for machines and plants. With us, movement is synonymous with success. WE MOVE. YOU WIN. As a subsidiary of Bosch Rexroth AG, Bosch Rexroth India is not just a leading provider of drive and control technologies; it is also a fantastic place to build a rewarding career. With its strong commitment to employee development and well-being, Bosch Rexroth India creates an environment that fosters growth, innovation, and collaboration with proven track record of turnover of 1300cr+. The company values its talented workforce and provides ample opportunities for learning and advancement, with a focus on promoting a healthy work-life balance. As part of the Bosch Group, Bosch Rexroth India benefits from the global organization's resources and expertise, allowing employees to be a part of groundbreaking projects and cutting-edge technologies. Furthermore, the company's inclusive and diverse culture encourages creativity and teamwork, making it a great place for professionals seeking a dynamic and fulfilling work experience. At Bosch Rexroth India, employees are not only part of a renowned organization but also empowered to make a real impact in driving the future of technology and engineering. WE MOVE. YOU WIN.” Job Description Role Overview We are looking for a seasoned finance professional (approx. 5 – 8 years of experience) to assist the controlling function in our India business and Manufacturing plant. This person will ensure strong cost control, internal financial governance, accurate reporting, and will act as a business finance partner. The Controlling associate will report to the Head of Controlling and work closely with accounting, operations, and business units. ________________________________________ Key Responsibilities 1. Budgeting, Forecasting & Planning o Prepare for annual budgeting process, collaborating with business units to translate strategic goals into financial plans. o Maintain rolling forecasts (monthly/quarterly) to reflect changing business conditions. o Analyze variances (actuals vs budget/forecast), identify root causes, and recommend corrective actions. 2. Cost & Variance Analysis (Controlling) o Monitor and control cost-centers and profit-centers; manage cost allocation and cost-control measures. o Conduct detailed variance analysis for revenue, operating expenses, and other financial metrics. o Implement and enforce budget control policies for financial discipline across the organization 3. Capital Budgeting and Financial Viability analysis: o Review, analyze, and validate CapEx proposals submitted by business units. o Develop and maintain financial models to evaluate investment returns, payback periods, NPV, IRR, and risk factors. o Assess technical, operational, and economic feasibility of proposed investments. o Compare alternative investment scenarios and sensitivity analyses. 4. Management Reporting & Internal Controls o Oversee monthly/quarterly management accounts, including P&L, balance sheet reconciliations, cash flow schedules, and cost reporting. o Strengthen internal control frameworks and ensure compliance with accounting policies and corporate governance standards. o Work with the accounting team on month-end and quarter-end close processes 5. Business Partnership o Partner with business functions (Sales, Operations, Manufacturing, etc.) to provide financial insights and controlling support. o Support business initiatives (cost optimization, capital investment, process improvement) with financial analysis. o Advise functional heads to manage cost structure, profitability levers, and resource utilization efficiently 6. Process Improvement & System Implementation o Identify and drive enhancements in controlling processes (budgeting, reporting, variance control). o Assist in implementation/upgrades of ERP / BI / controlling tools to improve efficiency and reporting accuracy. o Promote standardization, automation, and data governance across controlling and finance teams o Foster a culture of financial discipline, continuous improvement, and cross-functional partnership 7. Risk Management & Financial Governance o Identify financial risks (cost overruns, margin pressures, inefficient cost centers) and propose mitigation strategies. o Ensure compliance with financial policies, internal controls, and regulatory standards. o Support internal and external audit processes and ensure robust documentation and financial governance. ________________________________________ Qualifications Required Qualifications & Skills • Education: Graduate in finance, Accounting, Commerce, or a related field. Professional qualification such as CA / CMA s strongly preferred. • Experience: 5–8 years in controlling / management accounting / corporate finance / cost control roles in Indian or multinational companies. • Accounting & Controlling Expertise: Deep understanding of P&L, balance sheet, cash flow, cost accounting, Product costing and internal control frameworks. • Technical / Systems Skills: o Proficiency in MS - Excel (pivot tables, VLOOKUP, basic financial models), MS – Power point o Experience with ERP systems (e.g., SAP CO-PA) and controlling tools / budgeting tools o Proficiency with BI / visualization tools (Power BI, Tableau) is a plus. • Analytical & Strategic Thinking: Strong problem-solving skills, ability to turn financial data into business insights • Communication & Stakeholder Management: Ability to present financial analysis to business leaders, influence decision-making, and communicate with clarity. • Integrity & Governance Mindset: High ethical standards, discipline in financial governance, and control. Additional Information Preferred / Desirable Attributes • Experience in a multi-entity, multi-geography, or shared-services finance environment. • Experience driving system implementation or process automation in controlling or finance. • Industry-specific experience (e.g., manufacturing, engineering) ________________________________________ Competencies & Personal Qualities • Business Partner Orientation: Collaborative mindset; values partnership with operations and business units to drive financial outcomes. • Control & Risk Focus: Detail-oriented, with a strong emphasis on financial discipline, internal controls, and risk mitigation. • Adaptability: Comfortable in adapting to transformation, driving process improvements, and implementing new systems. • Ownership & Integrity: High accountability, ethical judgment, and ownership of financial processes. ________________________________________ Reporting & Career Path • Reports To: Head of Controlling • Team: Cost Controllers, Controlling Analysts, Finance Professionals

Responsibilities

The Assistant Manager/Deputy Manager will assist the controlling function in the India business and manufacturing plant, ensuring strong cost control and accurate reporting. This role involves partnering with various business units to provide financial insights and support business initiatives.