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Sr Manager / Deputy General Manager _Finance and Accounts
15-18 years
Mysuru / Mysore, Bangalore / Bengaluru
1 vacancy
Sr Manager / Deputy General Manager _Finance and Accounts
Bosch
posted 4d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Description
Qualifications
Role is Chief of Finance and Accounts (CFA)/ Chief Financial Officer (CFO) for legal entity MIVIN
Position reports to Managing Director of MIVIN.
The candidate needs to possess exceptional leadership skills, drive his/her team, collaborate locally in region India with cross functional sales and plant teams, and, as well, collaborate globally with business units and other Bosch units across the world.
Along with Managing Director of MIVIN, the candidate is a co-creator and co-driver of short-term (quarterly, annual), mid-term (typically up to three years) and long-term business goals of MIVIN.
Experience:
- Exposure to manufacturing companies working background.
- Multi-national companies (MNC) background will be preferred.
Competence Requirement: Need to possess below competencies of excellent to outstanding level:
- Entrepreneurial Competence: Result orientation & Future orientation
- Leadership Competence: Leading self & Leading others
- Interpersonal Competence: Cooperation & Communication
- Professional Competence: Depth of knowledge in commercial business processes & Breadth of experience beyond commercial functions
- Strategic Competence: Systems leadership & Customer success
- Business Competence: Business agility & Talent advocacy
IT skills:
- Knowledge of SAP or any other equivalent ERP software/packages.
- Excellent IT office skills eg. Power-Point Presentations, Spreadsheet, Word, etc.
- Knowledge of Power-BI will be an added advantage.
Domain / Commercial area skills:
- Automation mindset in all areas of commercial processes and drive for efficiencies.
- Working knowledge of Direct & Indirect Taxation & Commercial Laws.
- Continuous learner and be a pro-active coach and mentor. Be open for reverse mentoring too.
- Business turnaround skills.
- Drive for more cost competitiveness from plant for Local and Global markets.
- Promote local sourcing out of India for local as well as global business following QCD model (i.e. Best in class Q uality at competitive C osts as per customer required D elivery dates)
- Control and drive for optimum fixed costs.
- Prudent in investment strategy.
- Continuously drive finance related KPIs benchmarking within the competition, comparable companies in the India region.
- Good working capital and cash flow management
Key Performance Indicators (KPIs): (Some may be collaborative in nature)
-
-
- Turnover
- Fixed costs
- Plant Maintenance costs
- Machine hour rates and Labour hour rates
- Personnel costs
- Accounts Receivables ie. DSO (Days Sales Outstanding) and Overdue Receivables % (of total receivables)
- Days Inventory outstanding (DIO)
- EBIT target of plant
- Net working capital (NWC) % of Sales ie. NWC is a combination of DSO, DIO and DPO (days payable outstanding)
-
KPIs at Plant level:
-
-
- Localisation of parts/products
- Customer requested on-time delivery targets
- Supplier delivery as per requested dates of plant
- Material cost reductions
- Business turnaround strategies for loss making products.
- Project-wise P&L control (plan vs actuals).
- Material overhead (MOH) targets
-
Focus topics at legal entity / MIVIN level:
-
-
- Governance: Legal and Tax compliance
- Debt management strategy
- Supervise Company Secretarial compliance topics of Board of Directors
- Focus on Digital excellence (local and global alignment)
- Identification of risks and defining measures to manage them via the Internal controls / internal audit teams.
- Compliance with all mandatory directives/guidelines of Bosch / Rexroth group
-
IT/Access management:
-
-
- Handling all end to end IT related activities
- Handling access management related topics
- Act as the Data Security Officer for the Company
- Handle personal data protection activities
-
Other Requirements:
-
-
- Team bonding skills
- Focus on talent management and retention of key talents.
- Competency / skill development of team members
- Proactively promote TEI.
- Positive leadership
- Receiving & Giving feedbacks. Adopting leadership style based on feedbacks.
- Agility to handle business uncertainties and be ready to make course corrections as quickly as possible for achieving the business goals.
-
Chartered Accountant with a minimum post qualification experience of 15 years. Additional qualification like CS or ICMA will be an added advantage.
Employment Type: Full Time, Permanent
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What people at Bosch are saying
Rating based on 14 Deputy General Manager
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Anonymous · Management
in Tirunelveli
Likes
System oriented Freedom Employee oriented
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Work life balance Training and development
Read 14 reviewsDeputy General Manager salary at Bosch
reported by
52
employees
with 16-30
years exp.
₹29
L/yr - ₹55
L/yr
44%
more
than the average Deputy General Manager Salary in India
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What Bosch employees are saying about work life
based on 3.7k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Bosch Benefits
Submitted by Company
free snacks Maternity & Paternity Leave
Submitted by Employees
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Bosch Bangalore / Bengaluru Office Locations
Bengaluru Office
Headquarter
358/1, Hosur Rd, Ayappa Garden, Adugodi
Bengaluru
Karnataka 560030
Karnataka 560030
Bengaluru Office
Robert Bosch Engineering and Business Solutions Limited, Campus 3A EcoSpace Varthur Hobli Sarjapura, Service Road, Adarsh Palm Retreat, Bellandur
Bengaluru
Karnataka 560103
Karnataka 560103
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