Senior Plant Controller (Manufacturing Finance & Product Costing)

Company Description At Bosch, we shape the future by inventing high-quality technologies and services that spark enthusiasm and enrich people’s lives. Our promise to our associates is rock-solid: we grow together, we enjoy our work, and we inspire each other. Join in and feel the difference. Job Description Cost Control & Analysis: • Develop, implement, and maintain effective cost control systems and procedures for all plant operations. • Monitor and analyze actual costs against budgets and forecasts, identifying variances and investigating their root causes. • Prepare detailed cost reports, highlighting key trends, performance metrics, and areas for improvement. • Lead monthly/quarterly cost reviews with department managers to discuss performance and action plans. • Drive continuous improvement in cost management by identifying and implementing cost-saving opportunities. Budgeting & Forecasting: • Lead the annual plant budgeting process, collaborating with departmental managers to establish realistic and achievable cost targets. • Develop accurate and reliable cost forecasts based on production plans, material prices, and operational changes. • Monitor capital expenditure (CAPEX) budgets and project costs, ensuring adherence to approved plans. Product Costing & Pricing Support: • Understanding accurate standard costs for all products, and respective allocation of direct and indirect costs. • Analyze product profitability and provide cost data to support pricing decisions and new product development. • Conduct "should cost" analysis and value engineering studies to identify cost reduction opportunities in product design and manufacturing. Production Analysis: • Work closely with production and supply chain teams to optimize inventory levels and reduce waste. • Analyze production variances (e.g., efficiency, scrap, rework) and their impact on overall costs. • Provide financial insights into production efficiency and bottleneck identification. Reporting & Compliance: • Prepare and present financial reports to plant management, corporate finance, and other stakeholders. • Ensure compliance with corporate policies. Leadership & Collaboration: • Mentor and potentially supervise junior cost staff (if applicable). • Collaborate effectively with cross-functional teams including Production, Engineering, Supply Chain, and Sales. • Act as a financial business partner to plant operational leadership, providing proactive financial guidance and support. System Improvement: • Identify opportunities to improve costing systems, processes, and tools (e.g., reporting automation). Qualifications Education • Bachelor’s degree in accounting, Finance, Business Administration, or a related field. Experience • 5-7 years of progressive experience in cost accounting or financial analysis within a manufacturing environment. • Proven track record of driving cost reductions and process improvements. Technical Skills • Strong proficiency in SAP (S4 as preference) with hands-on experience in cost modules. • Advanced Excel skills (pivot tables, VLOOKUPs, financial modeling). • Experience with business intelligence (BI) tools (e.g., Power BI, Tableau) is a plus. • Solid understanding of standard costing, activity-based costing, and variance analysis. Soft Skills • Excellent analytical, problem-solving, and critical thinking skills. • Strong communication and interpersonal skills, with the ability to present complex financial information clearly and concisely to diverse audiences. • Ability to work independently and collaboratively in a fast-paced manufacturing environment. • Strong leadership capabilities and the ability to influence others. • Detail-oriented with a high level of accuracy. • Proactive and results driven. Additional Information • Leave Entitlement e.g: Annual Leave, Medical Leave and etc • Company Insurances and etc