Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 28,200+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region.
Job Description
Lead initiatives to continuously assess, streamline, and optimize the end-to-end Invoice-to-Pay process. Identify areas for improvement and implement solutions to enhance efficiency and reduce errors
Establish and maintain a robust quality control framework for the accounts payable process. Ensure that all invoices are processed with a high degree of accuracy and adherence to financial regulations
Stay updated on financial regulations, tax laws, and accounting standards. Ensure strict compliance with these regulations, providing guidance and training on compliance matters
Conduct advanced financial analysis to identify cost-saving opportunities, trend analysis, and risk management related to accounts payable. Provide strategic insights to management
Provide leadership and mentorship to the accounts payable team. Develop and deliver training programs to enhance the skills and knowledge of team members
Ensure the highest level of data security and privacy in the handling of sensitive financial information
Generate complex financial reports, analyze key performance indicators, and provide management with actionable insights for decision-making
Proficient with accounting principles, financial statements, accruals, and financial reporting essential for interpreting and managing invoices accurately
Proficient in using advanced invoice processing software and enterprise resource planning (ERP) systems like SAP
Proficient in data analysis tools, such as Microsoft Excel, essential for conducting in-depth financial analysis and generating complex reports
Expert in financial reporting tools for creating detailed financial reports, charts, and graphs is important for providing strategic insights to management
Expert in workflow automation tools and robotic process automation (RPA) technologies to streamline the invoice processing
Expert in leading process improvement initiatives effectively
Expert Leadership skills
Proficient communication skills
Proficient analytical skills
Proficient in identifying and addressing complex issues, discrepancies, and exceptions in the accounts payable process
Competent strategic thinking
Competent in providing guidance, mentorship, and training to team members is a key behavioral skill, particularly when leading a team of associates
B.com or any finance graduate
Additional Information8-10 years of exp
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What We Do
The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.
As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”
The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.
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