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 set-up its manufacturing operation in 1951, which has grown over the years to include 18 manufacturing sites, and seven development and application centers. Bosch Group in India employs over 31,000 associates and generated consolidated revenue of about ₨.21,450 crores* (2.66 billion euros) in 2018 of which ₨. 15,824 crores*(1.96 billion euros) from third party. The Group in India has close to 18,000 research and development associates.

Bosch Electrical Drives India Pvt. Ltd. (RBDI) was formed in April 2008 with the sole objective of dealing with electrical drives products from Robert Bosch GmbH, Germany and its affiliated and subsidiary companies in the rest of the world. It has been merged with Bosch Automotive Electronics India Pvt. Ltd., Naganathapura w.e.f. March 2021 and this location is now called as RBAI/ChiP1.

ChiP1 location is engaged in application and trading of products for Thermal systems of both ICE / EV and manufacturing and sales of In-hub motors for e-Scooter application.

Plant is located at Oragadam, Chennai. Products include:

•           Engine cooling fan module - Trading

•           Blower motor for air conditioning - Trading

•           Blower controllers for auto climate control -Trading

•           Coolant pump and Valve -Trading

•           In Hub for electric 2 wheelers - Manufacturing

1. Reporting: Month end, quarter end and year end. Ensuring accurate and on-time data submission
2. BU-wise P&L preparation and analysis.
3. Product Costing, Calculation of Cost Center rates and part number wise variance analysis
4. Co-ordinate & link information across functions to work out & administer the Plant Performance based on Business Planning / Current Forecasts - Product-wise / PDCL wise; work for early realization of cost measures from all Value Streams.
5. Interpret Key Data (Business Drivers, KPIs, business metrics); translate them into meaningful information & story-telling with VS;
6. Analyze reasons for deviations - Actuals Vs Plan; provide early warning signals to concerned for corrective actions.
7. Working out Cost estimation against various cost enquiries raised by Sales / PRM / BU against running, equivalent & new parts considering the volume & other premises, as called for & aligning with all stakeholders incl. Plant Mgmnt. wherever necessary
8. Obtain competencies in the Functional & Digital areas based on present and future trends as per the business requirements
9. Evaluating capital budget proposals considering NPV, IRR, Pay-back criteria & giving financial perspective for decision making.
10. Inventory management, including physical stock taking, inventory valuation & reporting.
11. WBS management for Capex & Revenue
12. Liaison with auditors and support with data/evidences for statutory audits, cost audits & internal audits

Skills / Competencies required:

Advanced knowledge of Business Processes (manufacturing / automobile)

Advanced knowledge on Accounting & Cost Accounting Standards

Basic knowledge on Indirect Taxation; Transfer Price guidelines

Advanced Knowledge on latest IT tools - SAP FI & CO, Office Automation tools & Digitization platforms

Basic business acumen skills; Result Orientation & future Oriented Skills

Bachelors’ Degree in Commerce and Cost & Management Accountant  (CMA) (or) Chartered Accountant (CA);
with :
a) 5-7 years of Post Qualification experience in Cost & Management Accounting

b) Working experience on Standard Costing, Variance Analysis, Costing Techniques, Budgetary Controls)

c) Working knowledge in Matrix organization - preferred.