Back
Bosch logo

Business Analyst - Finance_MPIN

Bosch · Posted Oct 22

Mobility, industrial technology, consumer goods, and energy and building technology services

Bengaluru, KA, IndiaFull-timeOnsiteMid Level2–3 years₹12.0L–₹18.0L yearly51 applicants
AutomotiveIndustrial TechnologyConsumer GoodsEnergy and Building TechnologyInternet of ThingsGrowth Stage
Be an early applicantFull time

Get a personal compatibility score

Add a resume for personal matches

About the role

The Finance team partners with the business to manage and interpret business data and critical performance indicators, translating trends into forecasts and providing financial and strategic support for decision-making. The role covers business analytics and reporting, compliance management, and business partnering for MPS and emerging solution businesses. It involves dashboards, variance analysis, predictive analytics, cost and pricing analysis, month-end close support, and standardization/automation projects.

What you will do

  • Facilitate development of standardized definitions of master data and KPIs for effective data management, while seeking to improve or automate wherever possible
  • Collects and synthesizes information from a variety of stakeholders within the standards of legal compliance
  • Work with operations, partner management and business teams to provide analyse and report plans vs actuals on regular basis; Present entity performance dashboards, conduct variance analysis and support action planning
  • Run predictive analytics and data modelling for improved business outcomes based on inventory analysis, buyer trends, campaign analysis, commodity and exchange market trends etc.
  • Drive analysis of cost and pricing trends and articulate related cause and effect to business teams
  • Routinely communicate business unit and company consolidated financial and operational performance trends, historical and forecasted, using appropriate metrics
  • Assist in concocting proposals related to changes in policies and guidelines, ensure new policies and guidelines are being followed and implemented
  • Analyse business programs and transactional data using statistical methods to identify causal relationships and trends
  • Ensure compliance to global, state, and central government reporting and filing requirements and support the functional excellence team with relevant inputs
  • Adhere to relevant functional policies, processes, standard operating procedures and instructions to ensure controlled and consistent flow of information
  • Support development of finance data management workflows and processes, and data reporting and review mechanisms
  • Support the Finance Business Partner in managing the assets in the books of the company and set up controls around the same
  • Collaborate closely with the functional excellence team controllers and accountants on monthly financial activities and month-end close processes; Assist in the preparation of internal and external financial statements as needed
  • Work with MPS and emerging solution businesses during forecasting and reporting cycles applying modelling, forecasting and planning techniques
  • Collaborate with Finance Business Partner to study in-market strategic initiatives and business performance using test and control analytics, benchmarking, statistical concepts, and financial measures to guide decision making by business
  • Provide timely data inputs to foresee fund requirements and effectively manage the cash flow
  • Support the development of the finance data management strategy to ensure business alignment and functional excellence team integration with other interfacing functions
  • Participate in the development and submission of feasibility studies, business plans and investment initiatives, to provide a thorough financial perspective of the relevant opportunities and risks
  • Prepare presentations in support of stakeholder meetings, monthly/quarterly senior leadership meetings and various strategic committees of the company
  • Act as a running source of truth for numbers – key metrics and performance drivers for MPS and other emerging businesses
  • Participate in standardization and automation projects

Skills used in this role

ExcelSQLTableauRPythonDatabasesCommunicationStakeholder ManagementSolution OrientationChange ResilienceFostering InnovationDrive for Results360-Degree Thinking

What the employer is looking for

  • Bachelor's degree in finance, accounting, statistics, business or related field
  • CA/CMA/MBA desirable
  • 2-3 years of financial analytical experience in a marketplace environment
  • Commercial knowledge and knowledge of local and global accounting and tax standards including industry standards and other regulations
  • Knowledge of controls and risk management frameworks Knowledge of enterprise financial systems
  • Knowledge of industry and other financial best practises for cost management and budgetary control
  • Advanced knowledge of Excel, and familiarity with databases
  • Experience using any of SQL / Tableau / R / Python is desirable
  • Data management, analysis and visualization
  • 360-degree thinking
  • Drive for results
  • Solution orientation
  • Impactful communication
  • Change resilience
  • Fostering innovation
  • Stakeholder management

Benefits and support

  • Compensation and benefits are detailed in the job posting

About Bosch

The Bosch Group is a leading global supplier of technology and services, operating across mobility, industrial technology, consumer goods, and energy and building technology sectors. Driven by its purpose to create technology that is "Invented for life," the company leverages its expertise in hardware, software, and IoT to shape global trends such as automation, electrification, and artificial intelligence.

Industry
Automotive
Company size
406225 employees
Founded
1886
Location
Stuttgart, Germany
Funding stage
Private Company

Leadership

CF
Christian Fischer

Chairman of the Board of Management

MF
Markus Forschner

Deputy Chairman and Chief Financial Officer

MH

Markus Heyn

Deputy Chairman and Chairman of Mobility

FM

Frank Meyer

Member of the Board of Management

Apply