Product Cost Manager

Posted 18 Hours Ago
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Budapest
Senior level
Internet of Things
The Role
As a Product Cost Manager at Bosch, you will oversee profit activities for customer projects. Your responsibilities include target cost setting, profitability analysis, cross-functional project collaboration, cost optimization, and reporting to management on EBIT targets. You will also define processes and tools to enhance project profitability while identifying cost potentials throughout the product lifecycle.
Summary Generated by Built In

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. Welcome to Bosch.

Job Description

The division Automotive Steering (VM-EPS) develops high performance Electronic Power Steering (EPS) systems. Through the combination of mechanical and electrical systems we not only make driving more comfortable today but we are also building the basis for the autonomous and electrical driving of tomorrow. 

Become part of a product manager team and identify and develop long-term growth chances, including strategies for your business area.

Your tasks:

► Take responsibility

As a Product Cost Manager you have full responsibility for the profit activities for customer projects together with a cross functional project team (consisting of Purchasing, Sales, Engineering, Industrialization, Cost calculators and internal Bosch suppliers).

► Shape the future

Target Cost Setting and pricing guideline for acquisition, development and serial projects.

Taking over the responsibility for one functional excellence topic and defining a process / tool to make your life and the life of our colleagues easier.

The Profit Target Setting for platform, acquisition, development and serial projects is worked out by you. You ensure achievement of measures via cross-functional project work.

► Observe and think ahead

Identify cost potentials along the whole product lifecycle with relevant tools (benchmarking, shadow calculations, cost-workshops, pricing discussions) but also with creative out-of-the-box-thinking. Take the ownership and make your projects profitable!

You contribute to the profitability of our business with the target to establish, align and accept an EBIT overview per customer account/project as a basis for development required action measures. That includes: 

  • Definition, Implementation of structure, processes and tools to steer EBIT of customer accounts
  • Elaborate Transparency of EBIT profitability for each customer project
  • Regular Reporting to Management of EBIT targets per project and account / (KPI reviews)
  • Identification of measures based on EBIT performance

► Experience cooperation

Being a project member during acquisition, development and in series phase: definition of fields of action for cost optimization together with the project team, support and track the implementation of measures with an entrepreneurial focus.

As a part of the Center of Competence you elaborate opportunities for customer project calculation and lead the evaluation process with all stakeholders. You also plan, coordinate and follow up all activities around the calculation process.

Qualifications

► Personality

  • You proactively take the initiative, are highly intrinsically motivated, challenge topics and pursue project targets with persistence and determination.
  • You have an entrepreneurial thinking and you are also willing to think out of the box and finding own solutions.
  • You are capable of managing several projects and you enjoy dealing with complex tasks.
  • You like to handle figures and calculations.
  • You have drive and you are willing to take responsibility.
  • You are interested in technical products and the automotive industry.

► Working practice

  • You have a structured working-style and you think analytically and strategically.
  • You analyze complex issues quickly, reliably and accurately.
  • You are result-oriented and can prioritize targets.

► Experience and Knowledge

  • You have experience as a commercial project leader in Controlling, Sales or in other commercial functions (e.g. as a project manager) within the automotive industry.
  • You are able to handle multiple complex topics at the same time based on business needs and you show a very good skill to prioritize tasks.
  • A proven track record on profitability improvement, leading cost-down projects is a plus.
  • Or you have a full technical background but you would like to develop yourself further by understanding the commercial side of the business as well.

► Education

  • You have a university degree with a technical or commercial focus in Finance, Business Engineering, Business Administration, Marketing or a comparable field of studies.

► Languages

  • You are fluent in English (min. B2 level). German is a plus.

► Travelling

  • You are willing to travel worldwide based on business needs – but you are also able of building up relationships to regions virtually.

Additional Information

Benefits & our offer:

► Stable, reliable corporate background

► Competitive compensation package incl: salary, annual & performance bonus, cafeteria, life event support, glasses support, travel cost reimbursement

► Flexibility in location & timing - HO package (electronic devices)

► Modern and inspiring office environment - corporate canteens, café, gym, game room, yoga

► Continuous learning & growth opportunity - personal career development and challenging role

► Well-being programs including medical & mental support - on-site blood donation

► Sport, cultural & educational events, self-organized activities supported by the company

► Childcare opportunity - kindergarten & nursery

► Employee referral program

► On-site parking place and bike racks

Top Skills

,
The Company
HQ: Gerlingen-Schillerhöhe
166,834 Employees
Remote Workplace
Year Founded: 1886

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.

Instagram: https://www.instagram.com/boschglobal/
Facebook: https://www.facebook.com/BoschGlobal
Twitter: https://www.twitter.com/BoschGlobal
Glassdoor: https://bit.ly/3raTZnH

Imprint: www.bosch.com/corporate-information
Privacy statement: www.bosch.com/data-protection-notice

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