At a Glance
- Tasks: Manage product costing, variance analysis, and financial reporting in a dynamic environment.
- Company: Join Bosch Rexroth, a leader in drive and control technologies.
- Benefits: Enjoy employee discounts, health opportunities, and on-site parking.
- Other info: Be part of a supportive team with excellent career progression.
- Why this job: Kickstart your finance career with hands-on experience and impactful projects.
- Qualifications: Degree in Finance or related field; eager to learn and grow.
The predicted salary is between 40000 - 50000 € per year.
Company Description
At Bosch Rexroth, everything revolves around movement and the success of our customers. With our networked drive and control technologies as well as digital solutions, their machines and systems work efficiently, safely and powerfully. We offer components, system solutions and services for mobile and industrial applications as well as for factory automation. In all areas, we value the know-how and commitment of our employees and enable dynamic careers in an international environment. Around 33,800 people in over 80 countries - and one corporate purpose: "We move industries to make our planet a better place." Do you want to make a difference? Then we look forward to receiving your application to Bosch Rexroth AG.
Bosch Rexroth's Glenrothes/Fife site manufactures hydraulic motors and components for global industrial markets. Our controlling team is four people: a Controlling Manager, a Senior Management Accountant, a management accountant and the role we're hiring now. The site is small enough that you'll see the full picture — costing, reporting, planning, business partnering — and large enough that the work is genuinely complex. You'll report directly to the Controlling Manager and learn by doing the work, with the manager in the room when it matters. This is a role for someone who wants to build a serious finance career in industry.
Job Description
- Product Planned Cost (PPC) & SAP costing — own standard costing and product cost calculations for motors and components in SAP, set the planned cost baseline the rest of the business measures itself against, and keep it accurate as material, labour and overhead drivers change.
- Variance analysis & P&L ownership — full ownership of the variances against PPC: material price, production order, and manufacturing variances. You'll explain not just what moved, but why, and what the P&L impact looks like through the year. You are the person the site leadership turns to for this answer.
- Rolling forecast & scenario work — own the rolling forecast for your area: identify the events, decisions and external factors that will shift the numbers, model the scenarios, and bring a clear point of view rather than a passive update.
- Month-end & reporting — translate monthly performance into clear commercial drivers for site leadership, own parts of the close, and sharpen how reports are built.
- Business partnering — cost centre budget tracking with department heads, working closely with operations and procurement on variance root causes, becoming the finance contact non-finance colleagues actively want to talk to.
- Project & investment evaluation — business cases, profitability assessments and risk evaluation for capex and operational improvement initiatives.
- Continuous improvement — finding ways to automate, simplify and strengthen reporting over time.
Qualifications
- Degree in Finance, Business or related studies and a professional accounting qualification (ACCA, ICA or CIMA).
- Eager to learn, and self-directed about it. SAP, costing and manufacturing can be learned on the job but still an advantage — the instinct to dig until you understand cannot be taught.
- Proven experience in a Financial Controller / Management Accountant role in manufacturing area is desirable.
- A clear, calm and respectful communicator in English — comfortable explaining a variance to a shop floor team leader and a senior leader in the same week, and just as comfortable asking when you don't know something yet.
- Someone people enjoy working with.
- Confident in Excel. SAP costing exposure is a genuine plus but not a hard requirement.
- Quietly ambitious — you don't need everything figured out yet, but you do need to want more than you have today.
Additional Information
Your first 12 months: In your first three months you'll get full SAP costing exposure, take ownership of variance reporting for a defined product area, and start partnering with one or two operational departments. By month six you'll be running parts of the month-end close independently and contributing to the rolling forecast. By month twelve you'll be a credible finance voice in front of site leadership and a key member of the controlling team.
Why Bosch Rexroth?
- A range of benefits are available including employee discounts, various sports and health opportunities, on-site parking.
- You will be required to evidence your right to work in the UK, as we are unable to sponsor the employment of international workers in this role.
Management Accountant in Glenrothes employer: Rexroth
At Bosch Rexroth, we pride ourselves on fostering a dynamic work culture that values the expertise and commitment of our employees. Located in Glenrothes/Fife, our site offers a unique opportunity for Management Accountants to engage in complex financial operations while enjoying a supportive environment that encourages professional growth and collaboration. With a range of benefits including employee discounts and health opportunities, we are dedicated to making a positive impact on both our employees and the industries we serve.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant in Glenrothes
✨Tip Number 1
Network like a pro! Reach out to current employees at Bosch Rexroth on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Dive deep into Bosch Rexroth’s products and services, especially around costing and financial reporting. Show them you’re not just another candidate, but someone who genuinely cares about their mission.
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex financial concepts clearly. Grab a friend and run through some scenarios where you explain variances or forecasts. The clearer you are, the more confident you’ll feel.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Bosch Rexroth.
We think you need these skills to ace Management Accountant in Glenrothes
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Management Accountant role. Highlight your financial expertise, especially in areas like variance analysis and SAP costing, to show us you're the right fit.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about finance and how you can contribute to Bosch Rexroth. Be genuine and let your personality come through!
Showcase Your Communication Skills:Since this role involves working closely with various teams, make sure to demonstrate your communication skills in your application. We want to see how you can explain complex financial concepts clearly and effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us during the process!
How to prepare for a job interview at Rexroth
✨Know Your Numbers
As a Management Accountant, you'll be dealing with numbers all day long. Brush up on your financial metrics, variance analysis, and P&L statements. Be ready to discuss how you would approach cost calculations and variance reporting, as this will show your understanding of the role.
✨Understand the Business
Get familiar with Bosch Rexroth's products and services, especially in relation to manufacturing and costing. Knowing how their hydraulic motors and components fit into the bigger picture will help you articulate your thoughts during the interview and demonstrate your genuine interest in the company.
✨Show Your Communication Skills
This role requires clear communication with both finance and non-finance colleagues. Prepare examples of how you've effectively communicated complex financial information in the past. This will highlight your ability to bridge the gap between departments, which is crucial for business partnering.
✨Be Ready to Learn
Bosch Rexroth values eagerness to learn, especially regarding SAP and costing. Share instances where you've taken the initiative to learn something new or improve a process. This will showcase your self-directed attitude and willingness to grow within the company.
