Bosch

Key User (KU) Inventory - S/4HANA

Bosch  •  Bengaluru, IN (Onsite)  •  16 days ago
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Job Description

Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 27,000+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region.

Roles & Responsibilities :

S4 Inventory Expert: Act as functional expert for SAP Inventory management processes in S/4HANA

Data analysis: Validate asset accounting configurations including depreciation areas, asset classes, and account determination

Scrapping, scrapping at supplier, sales intercompany, sales 3rd parties, transfer, inventory differences, Adjust field status groups for depreciation and acquisition accounts pertaining to Asset Master data

Compliance: Ensure compliance with GST requirements i.e Input/output tax linkage with inventory Stock transfers (IGST vs CGST/SGST)

Domestic vs Import inventory valuation, Customs duty capitalization, Audit requirements such as Stock reconciliation, Ageing & provisioning.

Process development: Document all process activities and support benchmarking to ensure process standardization.

Support & keep informed on Localization gaps vs global template,Ind AS / Companies Act inventory disclosures

Training: Conduct end user training, revise existing DTP's from R3 to S4 and set-up training material to impart know-how to B2P organization on S4 accounting & reporting topics.

Qualifications

Educational qualification:

Cost Accountant / MBA Finance / B. Com (preferred for MM exposure)

SAP exposure in S/4HANA MM / Sourcing & Procurement / Inventory Management

Experience : Min 3 years of professional experience in the relevant field, Integration with FI (GL, Material Ledger, account determination), Experience in Inventory valuation, Stock accounting & reconciliation.

Mandatory/requires Skills :

Understanding of financial close processes in Inventory Management (GR/IR, STO's, physical inventory) Material Valuation (Standard vs Moving Average Price), Material Ledger & Actual Costing and Account Determination (Automatic vs manual postings), Proficient knowledge of Inventory valuation, classes, material consumptions, Parallel valuation (L.GAAP vs IFRS), Prior experience in data migration of inventory balances, Material Master data within SAP

Proficient communication skills, Proficient analytical, problem solving and time management skills, Proficient understanding of Inventory master data, Integration with CO (cost centers, profit centers)

Preferred Skills :

Bosch

About Bosch

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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Industry
IT & Software
Company Size
10,000+ employees
Headquarters
Gerlingen-Schillerhöhe, DE
Year Founded
Unknown
Website
bosch.com
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