What are the responsibilities and job description for the Cost Analyst- Automotive Manufacturing position at Bosch Group?
Company Description
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.
Job Description
Key Responsibilities:
- Strategic Decision Support: Provide actionable cost insights and scenario analysis to influence operational and strategic decisions.
- Advanced Cost Analysis: Analyze manufacturing cost structures (material, labor, overhead) and identify cost drivers impacting profitability.
- Cross-Functional Collaboration: Partner with Industrial Engineers and Operations to validate cost assumptions, optimize processes, and improve efficiency.
- Performance Management: Own cost KPIs and lead monthly reviews with plant leadership, linking operational metrics (scrap, yield, machine utilization) to financial outcomes.
- Budgeting & Forecasting: Support annual budgeting, forecasting, and variance analysis for plant operations, including predictive modeling for cost trends.
- Standard Costing & Inventory: Maintain accurate standard costs, inventory valuation, and ensure compliance with corporate policies.
- New Product Launch Support: Develop cost models for new product introductions and engineering changes, ensuring profitability targets are met.
- Digitalization & Analytics: Utilize advanced tools (Power BI, Tableau) to visualize cost trends and support digital initiatives in cost tracking and reporting.
- Continuous Improvement: Drive cost-saving opportunities through lean initiatives, process improvements, andproactive risk mitigation strategies.
Qualifications
- Bachelor's Degree in Accounting, Finance, or related field (CPA/CMA Preferred)
- 3 years of cost accounting experience in Tier 1 automotive or complex manufacturing environment.
- Strong understanding of manufacturing processes, cost drivers, and lean principles.
- Advanced proficiency in Excel and ERP systems (SAP, Oracle, or similar); experience with BI tools preferred.
- Excellent analytical, communication, and influencing skills with a proactive, results-oriented mindset.
- Ability to lead cross-functional projects and challenge the status quo to drive continuous improvement.
- Experience managing quality, safety and environmental management systems preferred.
Additional Information
Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization unavailable.
Equal Opportunity Employer, including disability / veterans
*Bosch adheres to Federal, State, and Local laws regarding drug-testing. Employment is contingent upon the successful completion of a drug screen and background check. Candidates who have been offered the position must pass both screenings before their start date.
Your well-being matters at Bosch! We offer a competitive compensation and a benefits package designed to empower you in every area of your life. This includes premium health coverage, a 401(k) with generous matching, resources for financial planning and goal setting, ample paid time off, parental leave, and comprehensive life and disability protection. We're investing in your success!