IN_RBIN_Assistant Manager_BidP1/CTG1 at Bosch Group

Bidadi, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

01 Sep, 26

Salary

0.0

Posted On

03 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Standard Costing, Variance Analysis, Budgetary Controls, SAP FI, SAP CO, Cost Estimation, Financial Analysis, Investment Evaluation, NPV, IRR, Business Planning, Cost Accounting, Data Management, Deviation Management, Corporate Communication, Business Acumen

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. 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. Home Invented for life: we want our products to spark enthusiasm, improve quality of life, and help conserve natural resources. Job Description Business Planning Key Activities: Liaise & assist to finalize the Business Plan, Current Forecast, MBR, LtPC, LtPM - Product-wise to meet BU/IPN targets Key Result Areas / Indicators : On time delivery of monthly results with First Pass Yield 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. (Except: NaP - since separate JD exists for RPP steering). Key Result Areas / Indicators : Cost measures realization as per Project Prognosis 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. Key Result Areas / Indicators : Error free cost runs 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 Key Result Areas / Indicators : Timely KPI release (within WD..) & review with value streams Deviation Management 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 Key Result Areas / Indicators : Cost variances - Product/PDCL - Business Unit, IPN, Value stream wise with Satisfaction degree 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. Key Result Areas / Indicators : Cost evaluations & review as per agreed timelines Competence Development Key Activities : Obtain competencies in the functional & digital areas based on present and future trends as per the business requirements Key Result Areas / Indicators : 2 projects per annum 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. Key Result Areas / Indicators : Project evaluations & review as per agreed timelines Qualifications * Cost & Management Accountant (CMA) (or) Chartered Accountant (CA) * MBA (Finance / Cost Accounting) from Top 5 Business Institutes (desirable) * Working experience on Standard Costing, Variance Analysis, Costing Techniques, Budgetary Controls * Working knowledge in matrix organization (desirable) Additional Information * 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 * Basic business acumen skills * Basic Result orientation & future oriented skills * Basic corporate communication skills based on business contexts Legal Entity: Bosch Ltd.

Responsibilities

Manage business planning, cost performance, and financial analysis to meet business unit and international production network targets. Responsible for cost estimation, investment evaluation using NPV/IRR, and maintaining SAP databases for error-free cost roll-outs.