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
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Rexroth. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Management Accountant in Glenrothes
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Rexroth.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Rexroth's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Rexroth
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Rexroth.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Rexroth will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Rexroth employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
