Financial Analyst

Bosch USA
Florence, KY Full Time
POSTED ON 7/15/2024 CLOSED ON 8/20/2024

What are the responsibilities and job description for the Financial Analyst position at Bosch USA?

Company Description

The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,000 associates worldwide (as of December 31, 2017). The company generated sales of $88.2 billion in 2017. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.

As part of the Mobilitity Solutions division, the Florence KY plant is one of the world's leading automotive steering supplier locations. Robert Bosch Automotive Steering LLC is growing in the market and continues to innovate and develop new products to meet customer needs.

Job Description

The Financial Analyst role is mainly responsible for financial planning and analysis of key product (i.e. electronic steering gears) manufactured and sold in the Florence facility.

Financial analyst acts as a key driver to the successful monitoring, reporting, planning and forecasting of the financial health of the business within their area of responsibility. Utilizing the advanced concepts of value based management; financial analysts will be supporting the financial controlling function to recommend measures to achieve planned results. The incumbent will work and interact with cross functional groups and at all levels of management.

  • Preparation of annual business plan, quarterly forecast and monthly results analyses for responsible product areas
  • Measuring financial results compared to business plan to analyze variances
  • Preparing variance analyses reports to support commercial management decision making
  • Utilize advanced analytical tools to perform simulations and analysis for differing cost and profitability scenarios to provide a transparent view to the stakeholders for decision making
  • Automation of standard processes and complex data mining requirements utilizing advanced and highly efficient customized solutions
  • Valued business partner for the value stream leaders by participation in cost reduction (RPP) projects as well as by providing cost transparency for their respective cost centers
  • Tracking standard cost development for lead product (key focus product line)
  • Effective and efficient usage of SAP CO & PA module for business controlling
  • Prepare capital budgeting decision models (e.g. calculating NPV, IRR, make or buy decision) and analyses for commercial management
  • Constantly strive for continuous improvement of processes (CIP) within the area of responsibilities.
  • Perform other essential and related duties as may be assigned.

Qualifications

Qualified candidates will possess (1) of the following:

  • Master’s (Business/Finance/Information Systems) from an accredited institution (ex. CHEA) with minimum 2 yrs. experience in a manufacturing or other relevant industry experience,

OR

  • Bachelor’s (Finance/Accounting) from an accredited institution (ex. CHEA) with minimum 4 yrs. experience in a manufacturing or other relevant industry experience.

In Addition, The Right Candidate Will Also Possess

  • Advanced knowledge of MS Excel (including Macros) and other MS Office applications
  • Experience with SAP/similar ERP/Business Intelligence (BI) system
  • Experience with SQL database, VBA and other big data languages, preferred
  • Strong presentation, interpersonal skills and analytical capabilities

Additional Information

Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization unavailable.

Robert Bosch Automotive Steering, LLC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
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