IN_RBIN_Deputy Manager / Manager - Finance & Treasury

Company Description

In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end-to-end engineering and technology solutions. The Bosch Group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg.Technologies Private Limited. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. The Bosch Group in India employs over 30,500 associates and generated consolidated sales of about Rs. 26,827 crores (3.1 billion euros) in fiscal year 2021-22 of which Rs. 24,406 crores (2.8 billion euros) are from consolidated sales to third parties. Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over Rs. 11,782 crores (1.39 billion euros) in fiscal year 2021-22.
Additional information can be accessed at www.bosch.in

Job Description

* FX Management : calculating and monitoring FX esposure,  booking Spot, Forwards, handling EEFC , PE accounts . Active market updates 

• Liquidity Management :Adapt and organize liquidity management processes and practices to maintain adequate cash balances while optimizing cash utilization for streamlined financial operations including surplus management / financing
• Cash Flow Forecasting : Obtain and maintain accurate cash flow data, monitoring and forecasting to make informed financial decisions
• Working Capital Enhancement :Participate in discussions related to liquidity management strategies (channel finance, supply chain finance) to stay ahead in the digital transformation journey for efficient liquidity
• Digital Transformation :Participate in the development and implementation of automated treasury systems and tools, enhancing efficiency and reducing manual processes
• Treasury Operations: Obtain necessary approvals and authorizations for cash management transactions in line with organizational policies to ensure compliance
• Stakeholder Liaising :Liaise with banks, financial institutions and asset management companies for timely completion of assigned tasks

*Treasury Data Management:Receive and process financial data from various sources, ensuring data accuracy and completeness

Qualifications

CA / CMA / MBA in Finance from a reputed institute 

2 to 5 years of experience in the treasury function of a large organization or MNC with keeness for Treasury Management and experience FX, cash management, treasury, or related financial roles