BidP1_Asst. Manager/Deputy Manager_Business_Analyst_CTG

Karnataka
Permanent
Full-time

17 days ago

Company DescriptionIn 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 atWe 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 DescriptionJob 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 PlanningKey Activities: Liaise & assist to finalize the Business Plan, Current Forecast, MBR, LtPC, LtPM - Product-wise to meet BU/IPN targets2. Cost ManagementKey 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 ManagementKey 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 AnalysisKey Activities: Interpret key data (business drivers, KPIs, business metrics) on the Product performance; translate them into meaningful information & story-telling with VS5. Deviation ManagementKey Activities: Identify root causes of problems; analyze reasons for deviations - Actuals Vs Plan; notify on early warning signals & discuss with the concerned for corrective actions6. Cost EstimationKey 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 DevelopmentKey Activities: Obtain competencies in the functional & digital areas based on present and future trends as per the business requirements8. Investment EvaluationKey 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.QualificationsEducation

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)

Additional InformationKnowledge

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

Bosch

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