Bosch Limited
The purpose of the role is to ensure timely closure of books and reporting, including variance analysis and cost
control, responsible for forecasting, budgeting, complete audit coordination with the relevant stakeholders, and
recommending actions to improve financial performance.
Control cost centers and drive cost reduction measures by
collaborating with relevant stakeholders to ensure correct cost
allocations from lead business and corporate teams, while
analyzing departmental under/over recoveries to identify root
cause.
Prepare business plan and current forecast, develop long-term
plans, calculate and maintain department - wise activity/hourly
and overhead rates in SAP, and forecast related party
transactions for Board approval.
Monitor stock and work-in-progress to enable
optimum/minimum inventory level, conduct physical stock
take/Cycle count and co-ordinate asset verification for audit.
Report business results and MIS report to management
(Business Unit, Legal entity) for on-time delivery of results
Liaison with relevant stakeholders to ensure smooth completion
of all audits (like Annual,Cost,Tax and Internal)
Qualified Chartered Accountancy/Cost Accountancy with good exposure to costing/accounting role
5-8 years of post qualification experience.
2-3 years in costing and controlling functions.
* Proficient in project accounting in SAP.
* Competent in Accounting Standards IFRS and IGAAP and relevant tax topics.
* Proficient in Costing and Controlling.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 417,900 associates worldwide (as of December 31, 2024). According to preliminary figures, the company generated sales of 90.5 billion euros in 2024. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 86,900 associates in research and development, of which nearly 48,000 are software engineers.
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