Rotational Development Program – Finance/CTG - PS

Bosch Group•Farmington Hills, MI

About The Position

We Are Bosch. At Bosch, we shape the future by inventing high-quality technologies and services that spark enthusiasm and enrich people’s lives. Our areas of activity are every bit as diverse as our outstanding Bosch teams around the world. Their creativity is the key to innovation through connected living, mobility, or industry. Let’s grow together, enjoy more, and inspire each other. Work #LikeABosch Reinvent yourself: At Bosch, you will evolve. Discover new directions: At Bosch, you will find your place. Balance your life: At Bosch, your job matches your lifestyle. Celebrate success: At Bosch, we celebrate you. Be yourself: At Bosch, we value values. Shape tomorrow: At Bosch, you change lives. Do you want beneficial technologies being shaped your ideas? Whether in the areas of mobility solutions, consumer goods, industrial technology or energy and building technology - with us, you will have the chance to improve quality of life all across the globe. Welcome to Bosch Bosch offers an exceptional Rotational Development Program (RDP) tailored for Bachelor's and Master's candidates. This 24-month, entry-level rotational program is designed to provide professional and leadership opportunities within the Power Solutions (PS) division. The RDP consists of four customized rotations, allowing you to gain extensive experience working with diverse teams and environments. Additionally, you will be paired with an executive mentor for professional coaching and career guidance, as well as a peer mentor to help you navigate the program. You will also have the chance to participate in structured networking events and targeted training to enhance your leadership exposure. Power Solutions (PS) has the ambition to shape the path toward a carbon-neutral society as the number one partner and supplier of power solutions. Under the strategic direction of Power Solutions leadership, the Financial Analyst role within the Rotational Development Program will work with the Regional Business Unit (RBU) Controller to help ensure regional cost and profitability targets are met for the North American region. In addition to the Financial Analyst role, the RDP professional will gain operational experience in plant controlling within one of our PS manufacturing locations and strengthen their commercial knowledge with a cross-functional rotation within the 24-month program.

Requirements

Bachelor's or Master's Degree in Finance, Accounting, Business, or similar discipline.
Proficient in Microsoft Office
Growth Mindset
Geographic flexibility is a must for participants in the Rotational Development Program, as rotations may take place at different locations within the United States, and there is a possibility of international assignments.
Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization unavailable.
Candidates who have been offered the position must pass both screenings before their start date.

Nice To Haves

Strongly prefer SAP and automation software experience (Alteryx, Automation Anywhere, PowerBI, etc.)
Demonstrated knowledge of financial analysis and accounting procedures and knowledge of how other departments impact the company's financials.
Hyperion Financial Management, Usage of Essbase & Business Warehouse knowledge a plus.
Ability to understand/solve complex issues, summarize and provide accurate advice required.
Excellent communication, interpersonal and presentation skills (both written and oral).
Self-motivation, proactive and resourcefulness with the ability to apply a high level of attention

Responsibilities

Overall, you’ll be immersed in the world of finance, controlling and commercial topics within Bosch, learning about budgets, financial statements, other KPI’s and all the tools we use to steer our business.
Work closely with colleagues across departments, building relationships, and contributing to a positive and collaborative work environment.
Provide the business units strategic financial direction. In this role, you’ll be helping us analyze financial data, identify trends, and uncover insights that can help us make better decisions.
Month-end closing analysis and reporting, forecasting and budgeting process lead for the business unit.
Analyze and forecast R&D costs for the RBU as well as present monthly & quarterly results to the local management as well as BU management in Germany.
Work with our North American plants on understanding monthly results, forecasting and supporting the achievement of our business plan measures.
Identify cost-saving opportunities in collaboration with Engineering, Purchasing, and Operations as well as support design-to-cost and value engineering initiatives.
Provide cost estimates for new products, design changes, and production scenarios, where you’ll partner with project teams during product development to ensure cost targets are met.
Benchmark products and components to ensure competitiveness and collaborate with global controlling teams to harmonize calculations and methodologies.
Support monthly, quarterly, and annual financial closing processes related to product costs. Analyze cost deviations versus budget/forecast and drive corrective actions.
Develop and maintain detailed product cost calculations, including BOM (Bill of Materials), labor, overhead, and tooling.
Preparation of cost-related reports, dashboards, and KPIs for management to increase cost transparency as well as providing recommendations to support strategic decision-making.
Cross-functional rotation either in logistics or another related discipline will allow the associate to increase their breadth of commercial knowledge working in a value stream, while leveraging their relevant experience in finance and controlling.