Business Finance Associate

17 Hours ago • 6-8 Years • Finance

About the job

Summary

The Business Finance Associate will manage financial reporting, budgeting, forecasting, and KRA reporting for a business unit. Responsibilities include variance analysis, providing business insights to senior management, deriving customer pricing, facilitating business goals and strategy formulation through data analysis, and collaborating with resource managers. Additional duties encompass ad-hoc financial analysis, process streamlining, report automation, bottom-line improvement, risk management, and providing strategic financial recommendations based on market changes. The role requires strong analytical, communication, and leadership skills.
Must have:
  • Financial reporting & analysis
  • Budgeting & forecasting
  • Data analysis & insights
  • Stakeholder communication
  • Chartered Accountant or MBA Finance
  • Risk management
Good to have:
  • Power BI
  • SAP
  • Business process automation
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Company Description

The Bosch Group is a leading global supplier of technology and services. It employs roughly 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. 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 footprint across industries and regions strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a sole source. It also applies its expertise in connectivity and artificial intelligence 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. Read more at https://www.bosch.com/company/#what-we-do

Bosch Global Software Technologies Private Limited (BGSW) is a 100% owned subsidiary of Robert Bosch GmbH. We are one of the world’s leading global suppliers of technology and services, offering end-to-end Engineering, IT, and Business Solutions. With a global footprint and presence in US, Europe, Japan, China, and the Asia Pacific region, we are at the forefront of designing, developing, and executing IoT ecosystems through our all-encompassing capability within the three aspects of IoT – Sensors, Software, and Services. We have always focused on improving the quality of the life of people, providing newer revenue-generating opportunities, and improving operational efficiencies for enterprises through an array of solutions. With our unique ability to offer end-to-end solutions that connect Sensors, Software, and Services, we enable businesses to move from the traditional to digital or improve businesses by introducing a digital element in their products and processes. Learn more at https://www.bosch-softwaretechnologies.com/en/our-company/about-us/

Job Description

  • Manage the financial reporting for the respective business unit. This includes Annual budgeting and Quarterly forecasting.
  • Monthly KRA reporting, Variance analysis, and sharing Business insights, risks, and opportunities with Senior management and the Business leadership team.
  • Deriving customer Pricing
  • Facilitate business goals and linked KRA
  • Facilitate strategy formulation by providing business insights from operational & financial data analysis, market analysis, and trend analysis.
  • Closely work with the resources managers on demand planning and resource allocation to maximize revenue.
  • Perform ad-hoc Financial Analysis and Business Analytics based on Management requirements.
  • Drive Business Transformation by streamlining Business Processes to optimize performance. Working on various automation of reports.
  • Focus on bottom line improvement for respective Business unit.
  • Risk Management to ensure thebusiness has a solid risk framework in place
  • Advising on market changes and providing strategic financial recommendations

Qualifications

  • Full time graduate. External graduate & non-graduates won't qualify
  • Qualified Chartered Accountant or a Full-time MBA Finance with 6-8 years of post qualification experience

Additional Information

  • 6-8 years of post qualification relevant experience.
  • Ability to work in ambiguity and drive changes
  • Strong Business Acumen - Sound decision making skills based on accurate and timely analyses
  • Exceptional interpersonal communication and leadership skills, with the ability to communicate and manage stakeholders at all levels
  • Ability to lead by example and demonstrate a strong sense of integrity, ethics and dependability
  • Professional written and oral communication skills- Strategic thinking, planning and creative problem-solving skills.
  • Advanced computer software skills, including Excel, Power point, Power BI, SAP- Strong Business acumen: Pre-empts business risks by resolving potential issues & managing trade-offs to drive sustainable business benefits .- Acting as trusted advisors to Business
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